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1255 Waterman

Detroit, MI 48209
  • $275,000
  • STATUS: Pending
  • ON SITE: 58 Days
  • MLS #: 20261018696
Pending
UPDATED: 40 min ago
$275,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,352
    SQFT
  • $117
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

School District:

Description

Discover the perfect blend of historic charm and modern reliability in the heart of a vibrant Southwest Detroit community. This solid brick duplex offers a rare, turnkey opportunity for those seeking a beautiful multi-family home or a high-yield investment. Each spacious unit features three bedrooms, a formal dining room, and a large living area designed for comfortable living. Peace of mind comes standard with a brand-new roof and completely updated mechanicals, including new plumbing, electrical, and furnaces. The upper unit boasts a massive walk-up attic with endless potential to be converted into a master suite or entertainment hub. For added convenience, the sale includes two sets of stoves, refrigerators, washers, and dryers. Each unit also offers its own private, individual basement for ample storage. Outside, the recently paved backyard provides a versatile space for events or secure parking, featuring a remote-controlled electric gate that provides easy entry from the alley. The property is further secured with automatic exterior lighting and a comprehensive security camera system. Located within walking distance of local schools, grocery stores, and several parks, this property is perfectly positioned for families or tenants. This renovated gem is ready to welcome its next owners and begin its next chapter.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-21T06:54:07.067.
www.sellsmi.com/homes/174372552
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1255 Waterman Detroit, MI 48209

  • Price: $275,000
  • Status: Pending
  • On Site: 58 Days
  • Updated: 40 min ago
  • MLS #: 20261018696
0
Beds
2
Baths
0
½ Baths
0.1
Acres
2,352
SQFT
$117
$/SQFT
1914
Built
Neighborhood:
Michenfelders Anton
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
Discover the perfect blend of historic charm and modern reliability in the heart of a vibrant Southwest Detroit community. This solid brick duplex offers a rare, turnkey opportunity for those seeking a beautiful multi-family home or a high-yield investment. Each spacious unit features three bedrooms, a formal dining room, and a large living area designed for comfortable living. Peace of mind comes standard with a brand-new roof and completely updated mechanicals, including new plumbing, electrical, and furnaces. The upper unit boasts a massive walk-up attic with endless potential to be converted into a master suite or entertainment hub. For added convenience, the sale includes two sets of stoves, refrigerators, washers, and dryers. Each unit also offers its own private, individual basement for ample storage. Outside, the recently paved backyard provides a versatile space for events or secure parking, featuring a remote-controlled electric gate that provides easy entry from the alley. The property is further secured with automatic exterior lighting and a comprehensive security camera system. Located within walking distance of local schools, grocery stores, and several parks, this property is perfectly positioned for families or tenants. This renovated gem is ready to welcome its next owners and begin its next chapter.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 30X143.62 Parking Lighted Roads Paved Street Waterfront YN No

Interior Features

Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventionalFHA For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Net Operating Income 33600 Ownership Private Property Type Multi-Family SEV 68400 Subject To Short Sale Approval No Summer Tax Amount 3527 Taxable Value 49039 Total Tax Amount 4006 Type Duplex Unit1 Rent Rate 0 Water Public Water Winter Tax Amount 479

Listing courtesy of Munoz Realty Inc : 313-914-7545.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-21T06:54:07.067.
 
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5400 Gateway Center Ste B
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