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Pending
  • $265,000

    1255 Waterman St, Detroit, MI 48209

    6beds
    2,352sqft
    : 
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    Duplex
    Built in 1914
    -- sqft lot
    $248,100 Zestimate®
    $113/sqft
    $-- HOA

    What's special

    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.
    41 days
    |
    335
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Manuel Lomeli 313-463-1617,

    Munoz Realty Inc 313-914-7545

    Source: Realcomp II,MLS#: 20261037921MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 1
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Private,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,352 sqft
      • Finished area above ground: 2,352

      Property

      Parking
      • Parking features: Lighted, Paved
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 30 x 143.62
      Details
      • Parcel number: W18I008212S
      • Zoning description: MultiFamily, Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar
      Condition
      • New construction: No
      • Year built: 1914

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: MICHENFELDERS ANTON
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $113/sqft
      • Tax assessed value: $49,039
      • Annual tax amount: $4,006
      • Date on market: 5/28/2026
      • Cumulative days on market: 86 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Warranty Deed

        Estimated market value

        $248,100

        $236,000 - $261,000

        $1,290/mo

        Price history

        DateEventPrice
        6/15/2026Pending sale$265,000$113/sqft
        Source: Realcomp II #20261037921 Report a problem
        5/28/2026Listed for sale$265,000-3.6%$113/sqft
        Source: Realcomp II #20261037921 Report a problem
        5/22/2026Listing removed$275,000$117/sqft
        Source: Realcomp II #20261018696 Report a problem
        5/21/2026Listed for sale$275,000$117/sqft
        Source: Realcomp II #20261018696 Report a problem
        5/12/2026Pending sale$275,000$117/sqft
        Source: Realcomp II #20261018696 Report a problem
        4/7/2026Listed for sale$275,000$117/sqft
        Source: Realcomp II #20261018696 Report a problem
        3/31/2026Pending sale$275,000$117/sqft
        Source: Realcomp II #20261018696 Report a problem
        3/27/2026Listed for sale$275,000$117/sqft
        Source: Realcomp II #20261018696 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $57,600 +27.2%
        2024-- $45,300 +35.2%
        2023-- $33,500 +32.4%
        2022-- $25,300 -5.2%
        2021-- $26,700
        2020$2,076 +66.4%$26,700 +29%
        2019$1,247 $20,700 +5.6%
        2018$1,247 $19,600 +9.5%
        2017-- $17,900 +25.2%
        2016$1,058 $14,300
        2015$1,058 -3.8%$14,300 -10%
        2013$1,100 +3.9%$15,884 -30.2%
        2010$1,058 $22,759 -12%
        2009-- $25,862 -10.5%
        2008-- $28,896
        2007-- $28,896 +5.5%
        2005$110 $27,390 +3%
        2004-- $26,592 +223.3%
        2001$610 +11.1%$8,226 +3.2%
        2000$549 $7,971

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southwest Detroit

        Getting around

        40 / 100
        Car-Dependent
        42 / 100
        Some Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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