For Sale
1860 Prairie Parkway SW, Wyoming, MI 49519
$537,500
MLS # 26032644 (Michigan Regional Information Center (MichRIC))
4 unitsBuilt 19670.29 acres
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Listing 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.
Source: SparkMLS
About this home
Currently offered at $537,500.
Property tax estimate: $5,383 per year ($449/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.29 acres
Year Built1967
Location
CityWyoming
MunicipalityCity of Wyoming
Zip Code49519
CountyKent
School DistrictWyoming
Construction & Systems
ConstructionBrick
BasementFull, Other
HeatingHot Water
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed6/28/2026
Terms AcceptedFHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,383
Tax Year2025
State Equalized Value$212,100
Taxable Value$93,268
Assessed Value$90,816
Parcel #411715254003
Source: Public Records
Legal Description
LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shawn Jacobs
MOXIE Real Estate + Development
Frequently Asked Questions about 1860 Prairie Parkway SW, Wyoming, MI 49519
What school district is 1860 Prairie Parkway SW, Wyoming, MI 49519 in?
Per MLS# 26032644, this property is served by Wyoming. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26032644, the seller has indicated this property accepts the following financing types: FHA, Cash, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26032644, the most recent reported annual property tax for 1860 Prairie Parkway SW, Wyoming, MI 49519 is $5,383 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1860 Prairie Parkway SW, Wyoming, MI 49519 eligible for USDA financing?
Per USDA Rural Development boundary data, 1860 Prairie Parkway SW, Wyoming, MI 49519 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1860 Prairie Parkway SW, Wyoming, MI 49519 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the City of Wyoming police department or the Kent County sheriff's office.
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Monthly payment$3,486
Principal & interest$3,486
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1860 Prairie Parkway SW, Wyoming, MI 49519
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Municipality
Wyoming
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