$537,500
Wyoming, MI 49519
MLS# 26032644
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Property Description
MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs. Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash. With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses. Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.
Details
Maps
Location & Property Info
Cross Streets: Taft Ave SW
Property Sub-Type: 2 to 4 Units
Municipality: City of Wyoming
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 2 X 150
Road Frontage: 82
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Wyoming
Lot Measurement: Acres
Lot Square Footage: 12720
Lot Acres: 0.29
Year Built: 1967
Tax Info
Taxable Value: 90816
SEV: 212100
For Tax Year: 2025
Seller's Annual Property Tax: 5383.3
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: NK
Zoning: R-4
Tax ID #: 41-17-15-254-003
Remarks & Misc
Public Remarks: MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment.
The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs.
Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash.
With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses.
Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.
Legal: LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas 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
FHA: 1
Laundry Features
Laundry Room: 1
Exterior Material
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Shared Paved: 1
Substructure
Full: 1
Other: 1
Extras
Carports: 1
Laundry Facility: 1
Sep Electric Meter: 1
Tenant Storage: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1860 A
Identical Units: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1860 B
Identical Units: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1225
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1860 C
Identical Units: 1
SqFt: 700
Occupied: Yes
Monthly Rent: 965
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: 1860 D
Identical Units: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1350
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 1860
Street Name: Prairie
Suffix: Parkway
Post Direction: SW
State: MI
Zip Code: 49519
Zip (4): 2678
OfficeContract Info
Status: Active
Current Price: $537,500
List Price: $537,500
Listing Date: 2026-06-29
Remarks Misc
Directions: Burlingame South Of 28th Street To Prairie Parkway, West To Property
Property Features
Laundry Features: Laundry Room
Exterior Material: Brick
Roofing: Composition
Substructure: Full; Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available
Extras: Carports; Laundry Facility; Sep Electric Meter; 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: Shared Paved
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Listing Office: MOXIE Real Estate + Development
Listing Agent: Shawn Jacobs
Last Updated: June - 30 - 2026
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