$849,900
Wyoming, MI 49519
MLS# 26009302
1 / 15
Property Description
7-unit apartment building offering a strong value-add opportunity with significant upside potential. Property is currently unoccupied, allowing for immediate access to complete renovations and lease units at market rents. The property would benefit from updates and improvements, making it well-suited for investors looking to reposition and stabilize an asset. Scope of improvements may vary depending on investor strategy. Previous rents ranged from $900-$1,500 per unit, with market rents estimated around $1,500 for 2-bedroom units and $1,800-$2,000 for the 3-bedroom unit. Located in an area with consistent rental demand, this property presents an excellent opportunity to increase income and build long-term value. Great option for both local and out-of-state investors looking to add to their portfolio. Sold as-is
Details
Maps
Location & Property Info
Cross Streets: Taft Ave SW
Property Sub-Type: 5+ Units
Municipality: City of Wyoming
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: NA
Road Frontage: 0
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 1
Total Parking Spaces: 10
School District: Wyoming
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 22782
Lot Acres: 0.52
Year Built: 1969
Tax Info
Taxable Value: 177131
SEV: 256300
For Tax Year: 2025
Seller's Annual Property Tax: 10516
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: n/a
Zoning: R-4
Tax ID #: 41-17-15-253-011
Remarks & Misc
Public Remarks: 7-unit apartment building offering a strong value-add opportunity with significant upside potential. Property is currently unoccupied, allowing for immediate access to complete renovations and lease units at market rents.
The property would benefit from updates and improvements, making it well-suited for investors looking to reposition and stabilize an asset. Scope of improvements may vary depending on investor strategy.
Previous rents ranged from $900-$1,500 per unit, with market rents estimated around $1,500 for 2-bedroom units and $1,800-$2,000 for the 3-bedroom unit.
Located in an area with consistent rental demand, this property presents an excellent opportunity to increase income and build long-term value.
Great option for both local and out-of-state investors looking to add to their portfolio. Sold as-is
Legal: See attached
Util Avail at Street
Cable Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Brick: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
Wall Unit(s): 1
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Paved: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1833 A
SqFt: 850
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1833 B
SqFt: 850
Occupied: Yes
Monthly Rent: 890
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1833 C
SqFt: 850
Occupied: No
Monthly Rent: 1045
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 1833 D
SqFt: 850
Occupied: No
Monthly Rent: 950
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 1833 E
SqFt: 850
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 1833 F
SqFt: 850
Occupied: No
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: 1833 G
SqFt: 1000
Occupied: No
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Monthly Rent: 1500
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 1833
Street Name: Prairie
Suffix: Parkway
Post Direction: SW
State: MI
Zip Code: 49519
Zip (4): 2644
OfficeContract Info
Status: Active
Current Price: $849,900
List Price: $849,900
Listing Date: 2026-03-10
Property Features
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Extras: Sep Electric Meter
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s); Window Unit(s)
Driveway: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Listing Office: Epique Realty
Listing Agent: Jose L Morales
Last Updated: June - 12 - 2026
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