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Sold for $260,000
  • $260,000

    1255 Waterman St, Detroit, MI 48209

    6beds
    2,352sqft
    Duplex
    Built in 1914
    -- sqft lot
    $260,900 Zestimate®
    $111/sqft
    $1,254 Estimated rent

    Home value

    $260,900

    $243,000 - $282,000

    $1,254/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Manuel Lomeli 313-463-1617,

    Munoz Realty Inc

    Bought with:

    Julieta G Flores Allen, 6501388792

    Keller Williams Realty-Great Lakes

    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: $111/sqft
    • Tax assessed value: $49,039
    • Annual tax amount: $4,006
    • Date on market: 5/28/2026
    • Cumulative days on market: 65 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Warranty Deed

    Price history

    DateEventPrice
    7/15/2026Sold$260,000-1.9%$111/sqft
    Source: Realcomp II #20261037921 Report a problem
    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

    Neighborhood: Southwest Detroit

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $260,900
    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
    $260,900