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$374,900

$1,900Reward *

1094 Waterman Street, Detroit, MI 48209Listing ID 26003270

1094 Waterman Street, Detroit, MI 48209

Active

Time on site: 148 days • Last updated: Mar 24, 2026

Property Type

Multi Family

Property Sub Type

2 to 4 Units

Acres

0.14

Days on Site

147

Heating

Forced Air

Year Built

1925

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

1094 Waterman Street, Detroit, MI 48209

Market Report for 48209

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