1094 Waterman Street Detroit, MI ^$ 399,900

1094 Waterman Street

^$ 399,900

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1094 Waterman Street

Detroit, MI, 48209

^$ 399,900

Studio Baths4.0 Sq 3,868

Monthly Estimate*

^$ 2,495

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Studio

Multi-Family Home for sale in Detroit, MI

for $399,900 with 4 full baths. This 3,868 square foot home was built in 1925 on a lot size of 0.14.

4 unit multifamily Brick building, 4 year old complete tear off roof, all units are occupied with long term on time tenants month to month leases, rental certified with city of Detroit through 2027. Kindly do not disturb tenants or approach property without reaching out to listing agent first.

Multi-Family Pending

Price

^$ 399,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 866

Style

Lot Size

0.14

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60925928

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Pending Pending

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1925

Subdivision Kaiers Sub Of Lts 16 Thru 29 MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 46155

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Livernois to Lafayette to Waterman

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E WATERMAN 15 S 10 FT 14 KAIERS SUB L28 P78 PLATS W C R 18/265 40 X 157.50

DOM 118

Postal Code 48209

Price Per Sq Ft Total AG 103.39

Public Remarks 4 unit multifamily Brick building 4 year old complete tear off roof all units are occupied with long term on time tenants month to month leases

Interior

Basement Block

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Patio Porch Exterior Balcony

Frontage 40

Lot Size Area 0.14

Lot Dimensions 40X157.5

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Erin Hertzog

Listing Agent

Good Company

Broker

Erin@MichiganLivingRealty.com

Affordability Calculator

$2,567

Per Month

Monthly Principal & Interest: $2,495
Monthly Property Taxes: $72
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 41%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/8/2025	$399,900	-11.13%	Price Down
8/7/2025	$450,000		Listed Price

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1094 Waterman Street, Detroit, MI, 48209 is a Multi-Family Home for sale at $399,900 with 3,868 sqft and a lot size of 0.14. 1094 Waterman Street is a studio with 4.0 baths and was built in 1925. The property's zip code is 48209 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1094 Waterman Street

Multi-Family Home for sale in Detroit, MI

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