1860 Prairie Parkway SW, Wyoming, MI 49519 (MLS# 26032644)

1860 Prairie Parkway SW, Wyoming, MI 49519

$524,900

Property Type: Multi Family Lot Size (sq. ft.): 12,720 Status: Active

Current Price: $524,900 List Date: 6/29/2026 Last Modified: 10/30/2026

Overview

Description

MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs. Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash. With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses. Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.

Listing Details MLS# 26032644

Location Property Info

County: Kent
Street #: 1860
Street Name: Prairie
Suffix: Parkway
Post Direction: SW
State: MI
Zip Code: 49519
Zip (4): 2678

General Property Info

Lot Measurement: Acres
Lot Square Footage: 12720
Lot Acres: 0.29
Lot Dimensions: 2 X 150
Year Built: 1967
New Construction: No
Cert of Compliance: Yes
Road Frontage: 82
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 4
Waterfront: No
School District: Wyoming

Tax Info

Tax ID #: 41-17-15-254-003
Taxable Value: 90816
SEV: 212100
For Tax Year: 2025
Seller's Annual Property Tax: 5383.3
Tax Year: 2025
Spec Assessment & Ty: NK
Zoning: R-4

Remarks Misc

Directions: Burlingame South Of 28th Street To Prairie Parkway, West To Property

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: 1860 A
Identical Units: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1470
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 1860 B
Identical Units: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1225
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 1860 C
Identical Units: Yes
SqFt: 700
Occupied: Yes
Monthly Rent: 1110
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit #: 4
Unit Description: 1860 D
Identical Units: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1470
Bathrooms: Yes
Full Baths: Yes

Property Features

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

Listing Office: MOXIE Real Estate + Development

Listing Agent: Shawn Jacobs

Last Updated: October - 30 - 2026

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