BEDS0
BATHS
MLS#26003270
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDetroit
Property Description
Prime Southwest Detroit Investment Opportunity! This fully occupied 4-unit brick multifamily building offers strong, consistent rental income with a desirable mix of spacious 2- and 3-bedroom units. Each unit features both front and rear private entrances, adding convenience and tenant appeal, along with shared basement space for additional storage and functionality.Recent capital improvements include a newer roof, updated windows, and select mechanical upgrades, providing peace of mind and reduced maintenance costs for the next owner.Located in Southwest Detroit, this property benefits from strong rental demand, proximity to major thoroughfares, local dining, shopping, and employment hubs. Ideal for both seasoned investors and those expanding their multifamily portfolio, this income-producing asset delivers immediate cash flow.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Forced Air
Lot Size: 0.14 Acres
Taxes: $7,547
Year Built: 1925
Feature Descriptions
Days on Site: 80
Exterior: Brick
Laundry: In Basement
Lot Dimensions: 40x157
Owner Pays: Trash Collection
Parcel Number: 18008121.
Parking Total: 6
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Water, Sewer, Gas
Units: 4
Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: @properties Christie's Int'l
Agency Phone: 248-218-0234
Agent Name: Randi Brandt-Alves
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 04/19/2026. |
Estimate Your Payment
Estimated Payment
$ 2,835.35 per month $2,097.08 Principal & Interest $628.92 Property Tax $109.35 Homeowner's Insurance
1094 Waterman Street | MLS# 26003270
This multi-family property located at 1094 Waterman Street, Detroit, MI 48209 is currently listed for sale with an asking price of $374,900. Waterman Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.