#65025002512, Rene Guzman, Listing Office: 1st Advantage Realty
1860 Prairie Pkwy SW Wyoming, MI 49519
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
(Pending)
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
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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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$482,000
1860 Prairie Pkwy SW
$5,724
closing credit¹
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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. 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.
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.