$7,125 Closing Credit¹
#65025002512, Rene Guzman, Listing Office: 1st Advantage Realty
$482,000 List price
1860 Prairie Pkwy SW Wyoming, MI 49519
$5,724
Closing credit¹
0.3 acres
Multi-Family
Property details
About 1860 Prairie Pkwy SW
4 unit apartment building in a great location. There are 3-2BR units and 1-1BR unit. There is coin-operated laundry and individual storage units. The electrical has individual meters 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. 1870 Prairie Parkway SW is also for sale. See sister 4 unit listings.
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusSale Pending
(Pending)
(Pending)
CoolingWindow Unit(s)
BasementYes
Lot size0.29 Acres
Year built1967
ParkingShared Driveway
MLS #65024044856
Summary
- MLS Number: 65024044856
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: MOXIE Real Estate + Development
- Office Phone: (616) 890-7794
- Listing Agent: Shawn Jacobs
Disclaimer: 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.
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Last updated on: 3/14/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$482,000
1860 Prairie Pkwy SW
$5,724
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 13, 2009 | Home Sold | $75,000 |
| Nov 05, 1999 | Home Sold | $260,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $206,100 | $5,009 |
| 2023 | $195,800 | $4,538 |
| 2022 | $126,000 | $4,538 |
| 2021 | $112,000 | $4,436 |
| 2020 | $108,100 | $4,436 |
| 2019 | $85,900 | $4,224 |
| 2018 | $76,900 | $2,911 |
| 2017 | $71,600 | $2,889 |
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
0.9 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 $32,379. Most Wyoming, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
56%
<35k
35%
35k-100k
9%
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?
48%
Single, No Kids
15%
Single, with Kids
20%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
7%
12-17 yrs old
32%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
NBA/WNBA
Soccer
Where do the neighbors shop?
Burlington
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Cicis Pizza
Starbucks
Wingstop
What do the neighbors drive?
Pontiac
Nissan
Dodge
What do the neighbors listen to?
Urban Contemporary
Christian Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1860 Prairie Pkwy SW in Wyoming, MI and zip code 49519. Features: 0 bathroom. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $482,000.
While more than 19 listings in Wyoming, MI in February 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 17 were sold below. In February 2025 in Wyoming, MI there were 8.6% less homes for sale than in January. While the average time on the market in February 2025 was 29 days, the median list price was $269,780.
From Rocket Homes Real Estate and based on county public records data.