1014 Waterman Street
Detroit, MI 48209
Multi Family · MLS # 20261074154 · Listing courtesy of ICON Realty Experts, LLC
About this home
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.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.
Location
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IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Sep 30, 2026, 10:08 PM.
