4 months on rocket

1860 Prairie Pkwy SW, Wyoming, MI, 49519

$482,000

Home List Price

$5,724*

Closing Credit

0 Baths
Multi

Location

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1860 Prairie Pkwy SW, Wyoming$482,000

Buyer Closing Credits

$5,724*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSharedDriveway
Year Built1967
HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #65024044856
Lot Size0.29 Acres
StatusActive

About 1860 Prairie Pkwy SW

4 unit apartment building in a great location. There are 3-2BR units and 1-1BR unit. There is coin-operated laundry and individual storage units. The electrical has individual meters 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. 1870 Prairie Parkway SW is also for sale. See sister 4 unit listings.

Property Details

Property Features

Property Information:

  • Year Built: 1967

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: SharedDriveway

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Burlingame South Of 28th Street To Prairie Parkway, West To Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $482,000

Tax Information:

  • Annual Amount: $4,436
  • 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

$266.7K

Med. Price/SqFt

$175

Avg. Days On Market

24

# of Sold Homes

67

1860 Prairie Pkwy SW vs Wyoming

132 DAYS ON ROCKET

+108 Days

$482,000

+$215.2K More

KEY TAKEAWAY

This property is $215.2K 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: #65024044856

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 © 2025 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: 1/6/2025, 9:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 2009Home Sold
$75,000
Nov 05, 1999Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,436$112,000
2020$4,436$108,100
2019$4,224$85,900
2018$2,911$76,900
2017$2,890$71,600

History based on county public records data.

Payment Calculator

$2,473

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,512

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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-682159
4
/10

  • Gladiola Elementary School

  • 3500 Gladiola Ave SW

  • 0.48 miles

  • Public District Grades KG-4

school-card-donut-682160
3
/10

  • West Elementary School

  • 1840 38th St SW

  • 0.92 miles

  • Public District Grades KG-4

school-card-donut-682161
3
/10

  • Parkview Elementary School

  • 2075 Lee St SW

  • 1.13 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 $32,379. Most Wyoming, MI residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Wyoming›49519›1860 Prairie Pkwy SW

This home is located at 1860 Prairie Pkwy SW in Wyoming, MI and zip code 49519. This home, which was built in 1967, sits on a 0.29 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $482,000.

While more than 22 listings in Wyoming, MI in December 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 29 were sold below. Between November 2024 and December 2024, Wyoming, MI real estate market has seen decrease in the number of listings by 9.3%. While the average time on the market in December 2024 was 24 days, the median list price was $266,714.

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

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