$10,000

closing credit¹

1833 Prairie Pkwy SW Wyoming, MI 49519

$845,000
0.5 acres
Multi-Family

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

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingWall Unit(s), Window Unit(s)
BasementYes
Lot size0.52 Acres
Year built1969
ParkingPaved
MLS #65024045084

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

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

$845,000

1833 Prairie Pkwy SW

$10,000

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 24, 2010
Home Sold
$140,000
Mar 09, 2004
Home Sold
$285,000
Jul 17, 2000
Home Sold
$263,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

58%
<35k
41%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
19%
Single, with Kids
12%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
7%
12-17 yrs old
36%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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