1094 Waterman Street

Detroit, MI 48209

$374,900
Price
10
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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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...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.
  1. Listed by Randi Brandt-Alves • @properties Christie's Int'l
    P: (810)-923-0245 C: (810)-923-0245 randi@adroitrealty.us

Amenities

  • Basement
  • Fireplace
  • Forced Air
  • Internet Included
  • Off-Street Parking
  • Private Entrance
LISTING UPDATED: 01/28/2026 12:49 PM

Property Details for 1094 Waterman Street

StatusActive
MLS #26003270
Days on Market26
Taxes$7,547 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 to 4 Units
Year Built1925
Lot Size0.14 AC / 6,098 SF
CountyWayne County

Location

Listing Courtesy of @properties Christie's Int'l
Add your commute

Building Information for 1094 Waterman Street

Stories-Residences4Year Built1925Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,456 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,827

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1094 Waterman Street

Summary
Location and General Information
  • Cross Streets: Waterman and Lafayette
  • Municipality: Detroit City
  • Street #: 1094
  • Street Name: Waterman
  • Suffix: Street
  • City: Detroit
  • State: MI
  • Zip Code: 48209
  • County: Wayne
  • Latitude: 42.307958
  • Longitude: -83.110377
Taxes and HOA
  • Taxable Value: 7547.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 18008121.
Parking
  • Parking Total: 6.0
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 40x157
  • Lot Measurement: Acres
  • Lot Acres: 0.14
  • Lot Square Footage: 6098.0
  • Lot Size Area: 0.14
Property and Assessments
  • Tax Year: 2025
  • Road Surface Type: Paved
  • Legal: E WATERMAN 15 S 10 FT 14 KAIERS SUB L28 P78 PLATS, W C R 18/265 40 X 157.50
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1925
  • Video Groups: 0
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Public Sewer, Public Water
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Street Type: Paved, Public
  • Exterior Material: Brick
  • Substructure: Full
Interior Features
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 4
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,100.00
  • Occupied: Yes
  • Description: Lower left
Unit 2
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $950.00
  • Occupied: Yes
  • Description: Lower right
Unit 3
  • BathsTotal: 1
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,100.00
  • Occupied: Yes
  • Description: Upper left
Unit 4
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $950.00
  • Occupied: Yes
  • Description: Upper right
Unit 5
  • BathsTotal: 0
Unit 6
  • BathsTotal: 0
Unit 7
  • BathsTotal: 0
Unit 8
  • BathsTotal: 0
Unit 9
  • BathsTotal: 0
Unit 10
  • BathsTotal: 0
Unit 11
  • BathsTotal: 0
Unit 12
  • BathsTotal: 0
Rental
Rental Information
  • Tenant Pays: Electric, Gas, Sewer, Water
  • Owner Pays: Trash Collection
  • Terms Available: Cash, Conventional, Land Contract

Property History for 1094 Waterman Street

DateEvent & SourcePriceAppreciation
Jan 28, 2026

Listed (Active)

Michigan Regional Information Center #26003270

$374,900—
Sep 17, 2021

Sold (Public Record)

Public Record #1474664261

$160,000—
DateEvent & SourcePrice
01/28/2026

Listed (Active)

Michigan Regional Information Center #26003270

$374,900
09/17/2021

Sold (Public Record)

Public Record #1474664261

$160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1094 Waterman Street

Taxable ValueLand-Additions-Total-
Tax Record2020$801 ($67 / month)
Home Facts
Beds0Baths4Total Finished SqFt3,868 SqFtAbove Grade Finished SqFt3,868 SqFtUnfinished Basement SqFt1,934 SqFtStories2Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1925ZoningR2CountyWAYNEAPN18008121.

Schools near 1094 Waterman Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Clemente, Roberto Academy
Public - PK to 5
Earhart Elementary-Middle School
Public - PK to 8
Spain Elementary-Middle School
Public - PK to 8
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Rating
School
Distance
Clemente, Roberto Academy
PublicPK to 5

Earhart Elementary-Middle School
PublicPK to 8

Spain Elementary-Middle School
PublicPK to 8

Foreign Language Immersion And Cultural Studies
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1094 Waterman Street, Detroit, MI 48209

1094 Waterman Street is a multi-family home for sale in Detroit, MI 48209. This property was listed for sale on January 28, 2026 by @properties Christie's Int'l, it's currently listed at $374,900. It has been on the market for a total of 26 days and was last sold on September 17, 2021. This listing's school district is Detroit Public Schools Community District. Nearby schools include Clemente, Roberto Academy, Earhart Elementary-Middle School and Spain Elementary-Middle School. 1094 Waterman Street is a 10-bed, 4-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's Int'l

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