Properties for sale in Michigan

1833 Prairie Parkway SW, Wyoming, MI 49519

$710,000

Property Type: Multi Family Lot Size (sq. ft.): 22,782 Status: Sold

Current Price: $710,000 List Date: 3/12/2026 Last Modified: 9/01/2026

Overview

Description

7-unit apartment building offering a strong value-add opportunity with significant upside potential. Property is currently unoccupied, allowing for immediate access to complete renovations and lease units at market rents.The property would benefit from updates and improvements, making it well-suited for investors looking to reposition and stabilize an asset. Scope of improvements may vary depending on investor strategy.Previous rents ranged from $900-$1,500 per unit, with market rents estimated around $1,500 for 2-bedroom units and $1,800-$2,000 for the 3-bedroom unit.Located in an area with consistent rental demand, this property presents an excellent opportunity to increase income and build long-term value.Great option for both local and out-of-state investors looking to add to their portfolio. Sold as-is

Listing Details MLS# 26009302

Location Property Info

County: Kent
Street #: 1833
Street Name: Prairie
Suffix: Parkway
Post Direction: SW
State: MI
Zip Code: 49519
Zip (4): 2644

General Property Info

Lot Measurement: Acres
Lot Square Footage: 22782
Lot Acres: 0.52
Lot Dimensions: NA
Year Built: 1969
New Construction: No
Cert of Compliance: No
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: Yes
Total Parking Spaces: 10
Waterfront: No
School District: Wyoming
Association YN: No

Tax Info

Tax ID #: 41-17-15-253-011
Taxable Value: 177131
SEV: 256300
For Tax Year: 2025
Seller's Annual Property Tax: 10516
Tax Year: 2025
Spec Assessment & Ty: n/a
Zoning: R-4

Status Change Info

Under Contract Date: 2026-06-26
Sold Date: 2026-09-01

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: 1833 A
SqFt: 850
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 1833 B
SqFt: 850
Occupied: Yes
Monthly Rent: 890
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 1833 C
SqFt: 850
Occupied: No
Monthly Rent: 1045
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit Description: 1833 D
SqFt: 850
Occupied: No
Monthly Rent: 950
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit Description: 1833 E
SqFt: 850
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: 1833 F
SqFt: 850
Occupied: No
Monthly Rent: 1100
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: 1833 G
SqFt: 1000
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 1500

Property Features

Exterior Material: Brick Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Sep Electric Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Wall Unit(s); Window Unit(s) Driveway: Paved Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None

Listing Office: Epique Realty

Listing Agent: Jose L Morales

Last Updated: September - 01 - 2026

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