1201 Rathbone Street SW, Wyoming, MI 49509 (MLS# 26034645)

1201 Rathbone Street SW, Wyoming, MI 49509

$274,900

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Property Type: Multi Family Lot Size (sq. ft.): 4,600 Status: Sold

Current Price: $274,900 List Date: 7/08/2026 Last Modified: 8/28/2026

Overview

Description

Great opportunity to own a well-maintained duplex that's ideal for both owner-occupants and investors! The spacious lower unit offers 3 bedrooms and 1 bathroom, has been updated throughout, and is currently vacant, making it move-in or rent-ready. The upper unit features 1 bedroom and 1 bathroom, has also been updated, and is leased for $1,250 per month, providing immediate rental income. Both units are serviced by 1-year-old furnaces, offering added peace of mind. The lower unit has exclusive access to the basement laundry. Additional highlights include new concrete providing parking for up to four vehicles and a newer roof. Live in one unit while the other helps offset your mortgage, or add a solid income-producing property to your investment portfolio.

Listing Details MLS# 26034645

Location Property Info

County: Kent
Street #: 1201
Street Name: Rathbone
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49509
Zip (4): 1038

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4600
Lot Acres: 0.11
Lot Dimensions: 40x115
Year Built: 1925
New Construction: No
Road Frontage: 40
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 4
Waterfront: No
School District: Godfrey-Lee

Tax Info

Tax ID #: 41-17-02-181-017
Taxable Value: 88800
SEV: 88800
For Tax Year: 2026
Seller's Annual Property Tax: 5068.85
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: RES

Remarks Misc

Directions: West on Chicago Drive, North on Nagel Ave and West on Rathbone.

Status Change Info

Under Contract Date: 2026-07-22
Sold Date: 2026-08-27

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: lower
SqFt: 750
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: upper
SqFt: 568
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: In Basement Exterior Material: Aluminum Siding Substructure: Michigan Basement; Partial Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: None Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Concrete Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Close Of Escrow; See Remarks Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator

Listing Office: Five Star Real Estate (Main)

Listing Agent: Nestor Vazquez

Last Updated: August - 28 - 2026

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