3 months on rocket

1833 Prairie Pkwy SW, Wyoming, MI, 49519

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1833 Prairie Pkwy SW, Wyoming$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1969
HeatingHot Water, Natural Gas
CoolingWall Unit(s), Window Unit(s)
BasementYes
MLS #65024045084
Lot Size0.52 Acres
StatusActive

About 1833 Prairie Pkwy SW

7 unit apartment building in a great location. With several Capex projects just completed, there are minimal capital expenditures needed. There are 6-2BR units and 1-3BR unit. Coin-operated laundry. The electrical is individually metered and owner pays for heat (boiler), water/sewer and trash. Rents are well below market. Value add opportunity to increase rents to market as leases expire and implement a utility bill back/RUBS program to recapture some of the utility expense. This could be a great opportunity for your next cost segregation study, house hack, rental investment or 1031 exchange. With limited true value add rental product on the market, it makes this property an incredible value add opportunity. 1860 & 1870 Prairie Parkway SW are also for sale, see sister 4 unit listings

Property Details

Property Features

Property Information:

  • Year Built: 1969

Listing Office:

  • Office Name: MOXIE Real Estate + Development
  • Office Phone: (616) 890-7794
  • Listing Agent: Shawn Jacobs

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Wall Unit(s), Window Unit(s)

Other

Directions Information:

  • Directions: 28th St To Burlingame, South To Prairie Parkway, West On Prairie Parkway On North Side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $8,563
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wyoming, MI.

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Wyoming, MI

City

Med. Sold Price

$264.9K

Med. Price/SqFt

$175

Avg. Days On Market

18

# of Sold Homes

50

1833 Prairie Pkwy SW vs Wyoming

98 DAYS ON ROCKET

+80 Days

$850,000

+$585K More

KEY TAKEAWAY

This property is $585K more than the Median Sold Price in Wyoming, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS
  • MLS Number: #65024045084

Listing Office:

  • Office Name: MOXIE Real Estate + Development
  • Office Phone: (616) 890-7794
  • Listing Agent: Shawn Jacobs

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 24, 2010Home Sold
$140,000
Mar 09, 2004Home Sold
$285,000
Jul 17, 2000Home Sold
$263,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,563$186,200
2020$8,562$155,000
2019$8,879$146,000
2018$5,578$150,800
2017$5,537$150,500

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3803780
4
/10

  • Gladiola Elementary School

  • 3500 Gladiola Ave SW

  • 0.54 miles

  • Public District Grades KG-4

school-card-donut-3803781
3
/10

  • West Elementary School

  • 1840 38th St SW

  • 0.97 miles

  • Public District Grades KG-4

school-card-donut-3803782
3
/10

  • Parkview Elementary School

  • 2075 Lee St SW

  • 1.09 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,326. Typical income of Wyoming, MI residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Wyoming›49519›1833 Prairie Pkwy SW

This home is located at 1833 Prairie Pkwy SW in Wyoming, MI and zip code 49519. This home, which was built in 1969, sits on a 0.52 acre lot. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $850,000.

Wyoming, MI housing market in November 2024 saw over 23 listings sold above listed price, more than 11 sold at listed price and over 16 sold below. Between October 2024 and November 2024, Wyoming, MI real estate market has seen decrease in the number of listings by 25.1%. The median list price of listings available in November 2024 was $264,992, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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