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For sale
  • Price cut: $30K (8/12)
    $139,900

    1532 Waterman St, Detroit, MI 48209

    3beds
    1,278sqft
    : 
    $1,241/mo
    Get pre-qualified
    Single Family Residence
    Built in 1912
    4,791 Square Feet Lot
    $-- Zestimate®
    $109/sqft
    $-- HOA

    What's special

    OPEN HOUSE SATURDAY, AUGUST 15 FROM 12:00 PM – 2:00 PM INVESTOR SPECIAL – CASH ONLY – AS-IS SALE! Excellent opportunity for investors, flippers, or buyers looking for their next project! This charming 1.5-story bungalow offers 3 bedrooms, 2 full baths, 1,278 sq. ft. of living space, plus a full basement with additional storage and future possibilities. Featuring classic character, a functional layout, a spacious living room, roomy kitchen, and inviting front porch, this home has the foundation and potential for a great renovation or investment property. Situated on a large lot with plenty of outdoor space and possibilities for future improvements. INVESTORS—DON’T MISS THIS ONE! Stop by the open house Saturday and see the potential for yourself! Property ID: W18I008150S. Sale does not include the adjacent parcel.
    145 days
    |
    508
    |
    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Zeinab Bazzi 313-641-0560,

    EXP Realty Main 888-501-7085

    Source: Realcomp II,MLS#: 20261017927MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Second
      • Area: 90
      • Dimensions: 10 X 9
      Bedroom
      • Level: Second
      • Area: 90
      • Dimensions: 10 X 9
      Other
      • Level: Second
      Other
      • Level: Entry
      Kitchen
      • Level: Entry
      • Area: 117
      • Dimensions: 13 X 9
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,278 sqft
      • Finished area above ground: 1,278

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One And One Half
      • Stories: 1.5
      • Entry location: GroundLevelwSteps
      • Pool features: None
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 30 x 152
      Details
      • Parcel number: W18I008150S
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1912

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: CLARK SUB
      HOA
      • Has HOA: No
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $7,289
      • Annual tax amount: $1,725
      • Date on market: 3/23/2026
      • Cumulative days on market: 146 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,548/mo

        Price history

        DateEventPrice
        8/12/2026Price change$139,900-17.7%$109/sqft
        Source: Realcomp II #20261017927 Report a problem
        7/17/2026Price change$169,900+6.3%$133/sqft
        Source: Realcomp II #20261017927 Report a problem
        5/24/2026Listed for sale$159,900+6.7%$125/sqft
        Source: Realcomp II #20261017927 Report a problem
        5/17/2026Listing removed$149,900$117/sqft
        Source: eXp Realty #20261017927 Report a problem
        3/24/2026Listed for sale$149,900+274.1%$117/sqft
        Source: Realcomp II #20261017927 Report a problem
        10/15/2025Sold$40,068+264.3%$31/sqft
        Source: Public Record Report a problem
        6/15/2012Listing removed$11,000$9/sqft
        Source: DEDICATED REALTY LLC #211110296 Report a problem
        10/29/2011Listed for sale$11,000-87.1%$9/sqft
        Source: DEDICATED REALTY LLC #211110296 Report a problem
        5/10/2006Sold$85,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $33,600 +26.8%
        2024-- $26,500 +34.5%
        2023-- $19,700 +31.3%
        2022-- $15,000 -3.2%
        2021-- $15,500
        2020$1,144 +53%$15,500 +28.1%
        2019$748 $12,100 +21%
        2018$748 $10,000 +8.7%
        2017-- $9,200 +53.3%
        2016$997 $6,000
        2015$997 +48.7%$6,000 -10.5%
        2013$670 -32.7%$6,703 -30.2%
        2010$997 $9,605 -12%
        2009-- $10,915 -10.5%
        2008-- $12,196
        2007-- $12,196 +5.5%
        2005$94 $11,560 +3%
        2004-- $11,223 +59.9%
        2001$584 +10.1%$7,017 +3.2%
        2000$531 $6,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Southwest Detroit

        Getting around

        42 / 100
        Car-Dependent
        43 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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