For Sale
2364 N Parma Road, Parma, MI 49269
$395,000
MLS # 26036238 (Michigan Regional Information Center (MichRIC))
7 unitsBuilt 19709 acres
1 / 6
Listing Description
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
Source: SparkMLS
About this home
Currently offered at $395,000.
Estimated annual property tax: $1,211, or about $101 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Consumers Energy Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype5+ Units
Bathrooms0
Lot Size9 acres
Year Built1970
Location
CityParma
MunicipalityParma Twp
Zip Code49269
CountyJackson
School DistrictWestern
Construction & Systems
ConstructionOther
BasementCrawl Space
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesNatural Gas Connected, Electricity Connected
Sale & Financing
Listed7/14/2026
Terms AcceptedVA Loan, Cash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$3,016
Tax Year2025
State Equalized Value$35,600
Taxable Value$20,808
Assessed Value$56,264
Parcel #000-06-25-426-003-00
Source: Public Records
Legal Description
Includes 3 Lots: 000-06-25-426-003-00; 000-06-25-426-004-00; 000-06-25-476-001-04
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAPrice & Status History
Jul 15, 2026
Listed for sale
$395,000
More Homes in Parma Township
Listed by LAURA Dwyer SCHLECTE
THINKING REAL ESTATE
Frequently Asked Questions about 2364 N Parma Road, Parma, MI 49269
Which school district serves 2364 N Parma Road, Parma, MI 49269?
Per MLS# 26036238, 2364 N Parma Road, Parma, MI 49269 is in the Western boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Western directly to confirm enrollment eligibility.
What financing options are available for 2364 N Parma Road, Parma, MI 49269?
Per MLS# 26036238, this listing accepts VA Loan, Cash, Conventional, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2364 N Parma Road, Parma, MI 49269?
Per public tax records, annual property taxes for this property are $3,016 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2364 N Parma Road, Parma, MI 49269 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 2364 N Parma Road, Parma, MI 49269 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 2364 N Parma Road, Parma, MI 49269?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: SEMCO Energy Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Parma Twp police department or the Jackson County sheriff's office.
Map
Tax Estimate
$
Annual tax$1,211
Monthly$101
Millage rate34.0251 mills
Municipality: Parma
School district: WESTERN SCHOOL DISTRICT
County: Jackson
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
BETATax History
View SEV, Taxable Value, and uncapping difference for this parcel — Jackson County public records.
Mortgage Calculator
$
%
$
$
$
Monthly payment$2,663
Principal & interest$2,562
Property taxes$101
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2364 N Parma Road, Parma, MI 49269
View full property history →
Municipality
Parma Township
View all listings →
County
Jackson County
View county overview →
Get email alerts for new listings near 2364 N Parma Road
We'll notify you when something hits the market in Parma Township or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.