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$374,900
10
beds
4
baths

1094 Waterman Street
Detroit, Michigan 48209

New / MLS #81026003270 / Multiple Unit (2-4) / Vernor/Junction, Detroit
Listing information updated 1/28/2026 at 12:25pm
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. The sale also includes the adjacent lot, offering ample off-street parking in addition to street parking--an exceptional value-add in this area.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.
Exterior Type:
Brick
Basement:
Full
Beds Above Grade:
10
Heating System:
Forced Air, Natural Gas
Pool:
No
Age:
101 Years
Parking Spaces:
6
Water Front:
No
Square Feet:
N/A
Lot Size:
6098 SquareFeet
Acreage:
0.14
Tax Amount:
$7,547
Tax Year:
N/A
Zip Code:
48209
City:
Detroit
County:
Wayne
School District(s):
Detroit
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: @properties Christie's Int'l

Listing Office Phone: 248.218.0234

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

$164,989
Average Sale Price
48
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1094 Waterman Street, Detroit, MI 48209

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1094 Waterman Street, Detroit, MI 48209 is a multiple unit (2-4) currently listed at $374,900. 1094 Waterman Street features 10 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties REMI Christie's International Real Estate since January 28th, 2026 and was built in 1925.

Each office is independently owned and operated.
@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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