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Listing provided courtesy of MOXIE Real Estate + Development- MLS# 26032644MLS ProviderSource MLS Verified

1860 Prairie Parkway SWWyoming, MI 49519

Multi-Family · 0.29 Acres
$537,500 Active

1860 Prairie Parkway SW Overview

Time on Site:
18 hours
Visits:
0

MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs. Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash. With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses. Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.

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1860 Prairie Parkway SW Facts & Features

  • Type Multi-Family
  • Lot 0.29 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1967

Location/Region

  • County Or Parish: Kent

Rent/Lease Information

  • Tenant Pays: Electric

Tax Information

  • Tax Annual Amount: 5383.3

General Information

  • Parcel Number: 41-17-15-254-003
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: Laundry Room

Exterior

Lot Information

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Dimensions: 2 X 150
  • Lot Size Square Feet: 12720.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Utilities: Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected

1860 Prairie Parkway SW Neighborhood

Community

49519 (WYOMING) Demographics

32
Median Age
3,474
Population Density (per sq. mile)
35%
College Educated
$58,188
Estimated Median Income
6,015
Estimated Total Home Owners
4,650
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1860 Prairie Parkway SW Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1860 Prairie Parkway SW Market Data

Based on the last 30 days in this zip code

$289,838
Average List Price
$179
Average Price per Square Foot
29
Properties Sold
38
Average Days on Market
99
Properties for Sale
Calculations provided by Reliance Network

1860 Prairie Parkway SW History

Date Event Value Agent
6/29/2026Source: MichRIC MLS Added to Database
June 29, 2026
5/30/2025Source: MichRIC MLS Status Change
Sold
4/21/2025Source: MichRIC MLS Status Change
Pending
3/20/2025Source: MichRIC MLS Price Reduction
$450,000 -6.6%
3/19/2025Source: MichRIC MLS Status Change
Active
2/12/2025Source: MichRIC MLS Status Change
Pending
12/31/2024Source: MichRIC MLS Price Reduction
$482,000 -0.6%
12/2/2024Source: MichRIC MLS Status Change
Active
11/11/2024Source: MichRIC MLS Status Change
Pending
10/30/2024Source: MichRIC MLS Price Reduction
$485,000 -3.0%
8/26/2024Source: MichRIC MLS Added to Database
August 26, 2024
10/11/2022Source: MichRIC MLS Added to Database
October 11, 2022