1098 Waterman Street Detroit, MI ^$ 50,000

1098 Waterman Street

^$ 50,000

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Recently Listed

1098 Waterman Street

Detroit, MI, 48209

^$ 50,000

Studio 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.

Lots and Land Active

Price

^$ 50,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 162

Style

Vacant Land

Lot Size

0.14

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70518346

Features

Exterior

Frontage 40

Lot Size Area 0.14

Lot Dimensions 40x157x40x157

Waterfront Y/N No

General

Status Active Active

County Wayne

Class VACANT LAND

Type Vacant Land

Municipality Detroit

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash Land Contract

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

DOM 1

Postal Code 48209

Price Per Sq Ft Total AG 357142.86

Public Remarks

* Excluded Features

List By

Randi Brandt-Alves

Listing Agent

@Properties Christie's Int'l

Broker

randi@adroitrealty.us

Affordability Calculator

$321

Per Month

Monthly Principal & Interest: $308
Monthly Property Taxes: $14
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Lots and land listings in Detroit, MI

Average List Price ^$72,556

Percent of Sale Price 45%

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
3/9/2026	$50,000		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1098 Waterman Street

Lots and Land for sale in Detroit, MI

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