$482,000

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)
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

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: 3/13/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a front lawn

$482,000

1860 Prairie Pkwy SW

$5,724

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 13, 2009
Home Sold
$75,000
Nov 05, 1999
Home Sold
$260,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,379. The majority of Wyoming, MI residents have income less than $<35k annually. Most families are 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 WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA
  • SoccerSoccer

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks
  • WingstopWingstop

What do the neighbors drive?

  • PontiacPontiac
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Christian Adult ContemporaryChristian Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic 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. The number of listings in Wyoming, MI decreased by 8.6% between January and February 2025. In February 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $269,780.

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

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