1014 Waterman St, Detroit, MI 48209
- $159,900
- 3
- BA
- 2,600
- SqFt
- List Price
- $159,900
- MLS#
- 20261074154
- Status
- ACTIVE
- Bathrooms
- 3
- Half-baths
- 1
- Subdivision
- KAIERS SUB OF LTS 16 THRU 29
Property Description
INVESTOR SPECIAL – HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $159,900 and ready for someone with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential. Priced approximately 20–30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision — the potential is here! A great opportunity to breathe new life into this property and turn it into something special.
Additional Information
- Year Built
- 1915
- Basement Type
- Unfinished
- Acres
- 0.11
- Style
- Duplex
- Acres
- 0.11
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
Mortgage Calculator
Courtesy of ICON Realty Experts, LLC 2489859961
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.