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$374,900

1094 Waterman Street – 48209

Detroit, Michigan 48209

Central Southwest Neighborhood

Price per sqft: N/A

Highlights

About This Home

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.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.

Listing Agent

Randi Brandt-Alves

@properties Christie's Int'l

Listed on : January 28, 2026

Activity

Days on Market:

102

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $7,547

Year Built

  • Built in 1925

Lot Details

  • 0.14 Acre Lot
  • Lot Dimensions are 40x157

Parking

Home Design

Interior Spaces

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • 1094 Waterman Street

Utilities

  • ForcedAir, NaturalGas
  • Water Source: Public
  • Sewer: PublicSewer, SewerAtStreet

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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About Central Southwest

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Own It Realty

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