Investment opportunity featuring a small, fully occupied mobile home park with stable cash flow. The property includes three separate parcels totaling approximately 9 acres, with five mobile homes on site. The seller owns four of the homes and receives lot rent from the fifth. Current gross annual income is approximately $54,540, with estimated annual operating expenses of $20,000 for taxes, insurance, maintenance, and repairs. The homes are approximately 30-40 years old, have been rebuilt or updated, and are in average to good condition with no known major deferred maintenance. Owner-paid utilities apply to the duplex units. The property is supported by three wells and four septic systems and offers convenient access to the highway and the Village of Parma. Additional vacant acreage may provide potential for future home sites or other uses, subject to municipal and zoning approval. Seller prefers owner financing through a land contract, with terms subject to negotiation and approval
Active
$395,000
2364 N Parma Rd, Parma, MI 49269
9beds
6baths
3,808sqft
5+ Units
Built in 1970
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
- 63 days
- 267
- 13
Zillow last checked:
Listing updated:
Listed by:
LAURA Dwyer SCHLECTE 517-780-3830,
THINKING REAL ESTATE 517-780-3800
Source: MichRIC,MLS#: 26036238
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Forced Air
Cooling
- None
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 3,808 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Gravel
Lot
- Size: 9 Acres
- Dimensions: 425 x 299 x 390 x 954 x 269 x 916 x 228 x 33
- Features: Wooded
Details
- Parcel number: 000062542600300
- Zoning description: AG1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Other
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Parma
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $56,264
- Annual tax amount: $3,016
- Date on market: 7/15/2026
- Listing terms: VA Loan,Cash,Conventional,Contract
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listed for sale | $395,000$104/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $38,200 +7.3% |
| 2025 | -- | $35,600 +40.2% |
| 2024 | -- | $25,400 +29.6% |
| 2021 | -- | $19,600 +2.1% |
| 2020 | $775 | $19,200 |
| 2019 | $775 | $19,200 +20.8% |
| 2018 | -- | $15,900 |
| 2017 | -- | $15,900 -5.9% |
| 2016 | -- | $16,900 +11.6% |
| 2015 | -- | $15,150 -1% |
| 2014 | -- | $15,300 +13.3% |
| 2012 | -- | $13,500 -27.2% |
| 2011 | -- | $18,535 |
| 2010 | -- | $18,535 |
| 2009 | -- | $18,535 |
Find assessor info on the county website
Monthly payment
Est. payment









