#65025002512, Rene Guzman, Listing Office: 1st Advantage Realty
$10,000
closing credit¹
1833 Prairie Pkwy SW Wyoming, MI 49519
Property details
About 1833 Prairie Pkwy SW
7 unit apartment building in a great location. With several Capex projects just completed, there are minimal capital expenditures needed. There are 6-2BR units and 1-3BR unit. Coin-operated laundry. The electrical is individually metered and owner pays for heat (boiler), water/sewer and trash. Rents are well below market. Value add opportunity to increase rents to market as leases expire and implement a utility bill back/RUBS program to recapture some of the utility expense. This could be a great opportunity for your next cost segregation study, house hack, rental investment or 1031 exchange. With limited true value add rental product on the market, it makes this property an incredible value add opportunity. 1860 & 1870 Prairie Parkway SW are also for sale, see sister 4 unit listings
Highlights
Summary
- MLS Number: 65024045084
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: MOXIE Real Estate + Development
- Office Phone: (616) 890-7794
- Listing Agent: Shawn Jacobs
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Last updated on: 2/10/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![neoclassical home featuring a front lawn](/homes/listing-images/54300954_S0469/S0469/S0469-R0100/204934502/204934523.jpg?version=1732465862&width=640)
$845,000
1833 Prairie Pkwy SW
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 24, 2010 | Home Sold | $140,000 |
Mar 09, 2004 | Home Sold | $285,000 |
Jul 17, 2000 | Home Sold | $263,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $221,700 | $9,769 |
2023 | $218,800 | $8,852 |
2022 | $212,100 | $8,852 |
2021 | $186,200 | $8,562 |
2020 | $155,000 | $8,562 |
2019 | $146,000 | $8,879 |
2018 | $150,800 | $5,577 |
2017 | $150,500 | $5,536 |
History based on county public records data.
Nearby schools
4
Gladiola Elementary School
Public District KG-4
0.5 mi
•3500 Gladiola Ave SW
3
West Elementary School
Public District KG-4
1.0 mi
•1840 38th St SW
3
Parkview Elementary School
Public District KG-4
1.1 mi
•2075 Lee St SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,326. Typical income of Wyoming, MI residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1833 Prairie Pkwy SW in Wyoming, MI and zip code 49519. Features: 0 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $845,000.
In January 2025, from all listings sold in Wyoming, MI there were more than 16 sold above asking price, over 15 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Wyoming, MI between December and January 2025 decreased by 20.9%. The median list price of listings available in January 2025 was $269,674, while the average time on the real estate market was 25 days.