1098 Waterman Street Detroit, MI $ 50,000
1098 Waterman Street
$ 50,000
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1098 Waterman Street

Detroit, MI, 48209
$ 50,000
Baths0.0

Monthly Estimate*

$ 308

1098 Waterman Street, Detroit, MI 48209 - Image 1
Studio

Lots and Land for sale in Detroit, MI

for $50,000. The lot size is 0.14.

Buildable multi-family development opportunity in the rapidly growing Southwest Detroit corridor near the new Gordie Howe International Bridge. This vacant lot offers incredible potential for investors, builders, or developers looking to capitalize on one of Detroit's most transformative infrastructure projects. Zoned for multi-family use, the property is ideal for income-producing residential development in an area experiencing strong revitalization and demand for housing. Conveniently located near major freeways, international border access, downtown Detroit, and neighborhood restaurants, parks, and community amenities. With continued investment flowing into the surrounding area, this is a prime opportunity to secure land in a high-growth location poised for long-term value.

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Lots and Land Active

Price

$ 50,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 162

Style

Multi Family

Lot Size

0.14

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

26008663

Features
General
Sewer Public Sewer
Utilities Natural Gas Available Electricity Available None
Possession Close Of Escrow
Township Detroit City
Property Subtype Multi Family
Tax Year 2025
County Wayne
Property Type Land
Status Active
City Detroit
High School District Detroit
Lot Size Units Acres
Lot Size Square Feet 6098.0
Listing Terms Cash Contract
Land Lease Y/N N
Tax Annual Amount 162.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 2200
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. E WATERMAN N 20 FT 14 S 20 FT 13 KAIERS SUB L28 P78 PLATS W C R 18/265 40 X
Senior Community None
New Construction None
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Exterior
Water Source Public
Lot Size Area 0.14
Spa N
Lot Dimensions 40x157x40x157
Lot Size Acres 0.14
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 1098
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* Excluded Features
List By
@Properties Christie's Int'l

Broker

randi@adroitrealty.us

Email

Affordability Calculator

$321
Per Month
96%
4%
0%
Monthly Principal & Interest
$308
Monthly Property Taxes
$14
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3706345 Elementary School
3706341 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$50,000 Listed Price

Map


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1098 Waterman Street, Detroit, MI, 48209 is a Lots and Land for sale at $50,000 with a lot size of 0.14. 1098 Waterman Street is a studio with 0.0 baths. The property's zip code is 48209 which is in Detroit, MI