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  • $537,500

    1860 Prairie Pkwy SW, Wyoming, MI 49519

    7beds
    4baths
    3,250sqft
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    2 to 4 Units
    Built in 1967
    -- sqft lot
    $519,000 Zestimate®
    $165/sqft
    $-- HOA

    What's special

    New fenceUpdated unitsCoin-operated laundryNewer windowsNew guttersUpdated led lighting
    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.
    21 days
    |
    890
    |
    62
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Jacobs 989-980-7359,

    MOXIE Real Estate + Development 616-890-7794,

    Kyle J Kimble 616-706-6086,

    MOXIE Real Estate + Development

    Source: MichRIC,MLS#: 26032644MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Hot Water
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Laundry Room
      Features
      • Basement: Full,Other
      Interior area
      • Total interior livable area: 3,250 sqft

      Property

      Parking
      • Total spaces: 4
      Lot
      • Size: 0.29 Acres
      • Dimensions: 2 x 150
      Details
      • Parcel number: 411715254003
      • Zoning description: R-4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Brick
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

      Community & HOA

      Location
      • Region: Wyoming

      Financial & listing details

      • Price per square foot: $165/sqft
      • Tax assessed value: $90,816
      • Annual tax amount: $5,383
      • Date on market: 6/29/2026
      • Listing terms: FHA,Cash,Conventional
      • Tenant pays: Electricity
      • Electric utility on property: Yes

        Estimated market value

        $519,000

        $493,000 - $545,000

        $1,641/mo

        Price history

        DateEventPrice
        6/29/2026Listed for sale$537,500+24.9%$165/sqft
        Source: MichRIC #26032644 Report a problem
        8/22/2025Listing removed$925
        Source: Zillow Rentals Report a problem
        8/18/2025Price change$925-7%
        Source: Zillow Rentals Report a problem
        8/12/2025Price change$995-5.2%
        Source: Zillow Rentals Report a problem
        8/5/2025Price change$1,050-4.1%
        Source: Zillow Rentals Report a problem
        7/28/2025Listed for rent$1,095+99.1%
        Source: Zillow Rentals Report a problem
        5/30/2025Sold$430,500-4.3%$132/sqft
        Source: MichRIC #24044856 Report a problem
        4/21/2025Pending sale$450,000$138/sqft
        Source: MichRIC #24044856 Report a problem
        3/20/2025Price change$450,000-6.6%$138/sqft
        Source: MichRIC #24044856 Report a problem
        2/12/2025Pending sale$482,000$148/sqft
        Source: MichRIC #24044856 Report a problem
        12/31/2024Price change$482,000-0.6%$148/sqft
        Source: MichRIC #24044856 Report a problem
        12/2/2024Listed for sale$485,000$149/sqft
        Source: MichRIC #24044856 Report a problem
        11/11/2024Pending sale$485,000$149/sqft
        Source: MichRIC #24044856 Report a problem
        10/30/2024Price change$485,000-3%$149/sqft
        Source: MichRIC #24044856 Report a problem
        8/27/2024Listed for sale$500,000+270.4%$154/sqft
        Source: MichRIC #24044856 Report a problem
        2/26/2016Sold$135,000+80%$42/sqft
        Source: Agent Provided Report a problem
        4/11/2013Listing removed$550
        Source: Compass Property Management Report a problem
        4/10/2013Listed for rent$550+4.8%
        Source: Compass Property Management Report a problem
        6/9/2012Listing removed$525
        Source: Compass Property Management Report a problem
        5/11/2012Listed for rent$525+6.1%
        Source: Compass Property Management Report a problem
        12/16/2011Listing removed$495
        Source: Compass Property Management Report a problem
        12/7/2011Price change$495-5.7%
        Source: Compass Property Management Report a problem
        11/18/2011Listed for rent$525
        Source: Compass Property Management Report a problem
        7/13/2009Sold$75,000$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,241 $212,100 +2.9%
        2024-- $206,100 +84%
        2021$4,436 $112,000 +3.6%
        2020$4,436 +2.6%$108,100 +25.8%
        2019$4,325 +52.3%$85,900 +11.7%
        2018$2,839 -2.5%$76,900 +5.2%
        2017$2,911 $73,100 +14.2%
        2016$2,911 $64,000
        2015$2,911 +0.7%$64,000 +6.5%
        2013$2,890 $60,100 +24.2%
        2011-- $48,400 -20%
        2010-- $60,500 -36%
        2009-- $94,600 -5.5%
        2007-- $100,100 +16.5%
        2006-- $85,917 +3.7%
        2005-- $82,852 +3.3%
        2004-- $80,206 +6.2%
        2002-- $75,509 +3.2%
        2001-- $73,168
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49519

        Getting around

        50 / 100
        Somewhat Walkable
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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