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Sold for $235,000
  • $235,000

    1216 Waterman St, Detroit, MI 48209

    6beds
    2,500sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $241,200 Zestimate®
    $94/sqft
    $1,274 Estimated rent

    Home value

    $241,200

    Estimated sales range

    Not available

    $1,274/mo

    Zestimate® history
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    What's special

    Welcome to this beautifully remodeled three-family home in the heart of Mexican Village. Each unit offers 3 bedrooms and has been thoughtfully updated with luxury flooring, recessed lighting, and modern finishes throughout. This property is legally rental certified, making it an ideal investment for generating immediate income or a perfect opportunity for an owner-occupant to live in one unit and rent out the other. Located just minutes from the up-and-coming Gordie Howe International Bridge, set to open in late 2025/2026, this home sits in a neighborhood positioned for strong growth and rising values. With its prime location, modern updates, and income potential, this duplex is truly a rare find in Southwest Detroit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alesha Thomas 248-651-1200,

    Berkshire Hathaway HomeServices Kee Realty

    Bought with:

    John Ulaj, 6501284676

    Villa Realty & Associates

    Source: Realcomp II,MLS#: 20251036032MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • ENERGYSTAR Qualified Furnace Equipment, Natural Gas
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,500 sqft
    • Finished area above ground: 2,500

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 30 x 157.5
    Details
    • Parcel number: W18I008128S
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Upper Lower Apartment
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Michigan Basement, Poured
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: KAIERS SUB OF LTS 16 THRU 29

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA,Va Loan

    Price history

    DateEventPrice
    1/2/2026Sold$235,000-4.8%$94/sqft
    Source: Realcomp II #20251036032 Report a problem
    12/11/2025Pending sale$246,900$99/sqft
    Source: Realcomp II #20251036032 Report a problem
    9/13/2025Listed for sale$246,900+24590%$99/sqft
    Source: Realcomp II #20251036032 Report a problem
    11/18/2020Listing removed$1,000
    Source: Detroit Land Bank Authority Report a problem
    10/27/2020Listed for sale$1,000-98.9%
    Source: Detroit Land Bank Authority Report a problem
    9/10/2004Sold$89,000$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $31,000 +26.5%
    2024-- $24,500 +9.4%
    2023-- $22,400
    2022-- --
    2021-- --
    2020-- --
    2019-- --
    2018-- $13,400 +9.8%
    2017-- $12,200 +64.9%
    2016$1,046 $7,400
    2015$1,046 +28.3%$7,400 -9.3%
    2013$816 -22%$8,157 -30.2%
    2010$1,046 $11,687 -12%
    2009-- $13,281 -10.5%
    2008-- $14,839
    2007-- $14,839 +5.5%
    2005$172 $14,065 +3%
    2004-- $13,655 +31.6%
    2001$675 $10,377

    Find assessor info on the county website

    Neighborhood: Southwest Detroit

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $241,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $241,200