1870 Prairie Parkway SW, Wyoming, MI 49519 (MLS# 26025716)

1870 Prairie Parkway SW, Wyoming, MI 49519

$499,000
Property Type: Multi Family Lot Size (sq. ft.): 12,153 Status: Active
Current Price: $499,000 List Date: 7/20/2026 Last Modified: 9/02/2026

Overview

Description

Attention investors! This well maintained all brick 4 Unit rents for $1,300 per month providing a CAP rate of 6.9 at the listed price! Act fast to add this to your growing portfolio!

Listing Details MLS# 26025716

Location Property Info

County
Kent
Street #
1870
Street Name
Prairie
Suffix
Parkway
Post Direction
SW
State
MI
Zip Code
49519
Zip (4)
2600

General Property Info

Lot Measurement
Acres
Lot Square Footage
12153
Lot Acres
0.28
Lot Dimensions
81 X 148
Year Built
1967
New Construction
No
Cert of Compliance
Yes
Road Frontage
81
Total # Units
4
# of Diff Unit Floor Plans
4
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
3876
Total Parking Spaces
4
Waterfront
No
School District
Wyoming
Basement
Yes

Tax Info

Tax ID #
41-17-15-254-002
Taxable Value
88027
SEV
215600
For Tax Year
2026
Seller's Annual Property Tax
5037.55
Tax Year
2025
Spec Assessment & Ty
N/A
Zoning
R-4
Homestead %
0

Waterfront Options

Water Access Y/N
No

Access Feat

Accessibility Features
No

More Information

Income and Expenses

Annual Insurance
3000
Annual Utilities
5080
Gross Op. Inc.
62760
Net Operating Income
54680
Operating Expense
8080
Annual Maintenance
0
Annual Mgmt. Fees
0

Unit 1

Unit #
Yes
Unit Description
1870 A
SqFt
850
Occupied
Yes
Monthly Rent
1300
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
2
Unit Description
1870 B
SqFt
850
Occupied
Yes
Monthly Rent
1300
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
1870 C
SqFt
700
Occupied
Yes
Monthly Rent
1200
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Refrigerator
Yes

Unit 4

Unit #
4
Unit Description
1870 D
SqFt
850
Occupied
No
Monthly Rent
1300
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Byron Center and Prairie Pkwy
Property Sub-Type
2 to 4 Units
Municipality
City of Wyoming

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
128.74

Remarks & Misc

Public Remarks
Attention investors! This well maintained all brick 4 Unit rents for $1,300 per month providing a CAP rate of 6.9 at the listed price! Act fast to add this to your growing portfolio!
Legal
LOT 22 ALSO W 1.5 FT OF LOT 23 * ROOSIEN ADDITION NO. 1

Lot Description

Flag Lot
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Cable Available
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Mineral Rights

Unknown
Yes

Laundry Features

Common Area
Yes
Gas Dryer Hookup
Yes
Laundry Room
Yes
Washer Hookup
Yes

Exterior Material

Brick
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Hot Water
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes

Driveway

Concrete
Yes
Paved
Yes

Substructure

Daylight
Yes
Full
Yes
Other
Yes

Extras

Laundry Facility
Yes
Tenant Storage
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: Common Area; Gas Dryer Hookup; Laundry Room; Washer Hookup Exterior Material: Brick Roofing: Composition Substructure: Daylight; Full; Other Lot Description: Flag Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Laundry Facility; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Window Unit(s) Driveway: Concrete; Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Range Oven; Refrigerator Unit 2: A/C Unit; Range/Oven; Refrigerator Unit 3: A/C Unit; Refrigerator Unit 4: A/C Unit; Range/Oven; Refrigerator
IDX
Listing Office: RE/MAX SunQuest Realty
Listing Agent: Michael P Yablonsky
Source MLS Verified
Last Updated: September - 02 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.

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