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Turn-Key Apartment Building
For Sale
$1,850,000

1720 Porter Street SW, Wyoming, MI 49519

MULTI_FAMILY - Wyoming, MI

Property SizeContact for details
Lot Size0.72 Acres
Days on Market40

Property Features for 1720 Porter Street SW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res
Bedrooms 5
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2
Parking 24
Parking features Driveway
Basement Daylight
Lot features Sidewalk, Corner Lot
Elementary school district Wyoming
Middle school district Wyoming
High school district Wyoming
Directions 131 to 28th St, W to Burlingame, N to Porter, W to Property
Standard status Active
APN 41-17-10-427-035
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 175 FT OF N 208 FT OF THAT PART OF W 1/2 NE 1/4 SE 1/4 LYING E OF E LINE OF HAGUE AVE /50 FT WIDE/ EX E 108 FT * SEC 10 T6N R12W 0.73 A.
Tax Annual Amount 16017
Legal Description S 175 FT OF N 208 FT OF THAT PART OF W 1/2 NE 1/4 SE 1/4 LYING E OF E LINE OF HAGUE AVE /50 FT WIDE/ EX E 108 FT * SEC 10 T6N R12W 0.73 A.

Utilities

Utilities Cable Available
Heating system Baseboard
Cooling system Window Unit(s)

Amenities

coin-operated laundry

Building Details

Year built 1973
Number of units 14
Building materials Brick, Wood Siding
Roof type Composition
Listing Agency: Compass Realty Services
Listed By: Allison V Koetsier · License #6502378425
Added: Jul 25 Changed: Jul 29 Last Checked: Sep 2 at 3:06PM
MLS# 26038523

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key brick apartment building offers 14 residential units, including thirteen two-bedroom, one-bath apartments and one three-bedroom, one-bath apartment. The property is professionally managed and features separately metered electric, updated and well-maintained units, and a newer boiler. On-site amenities include coin-operated laundry, along with 14 carports and a two-stall owner garage/storage.

The building is located in Wyoming, Michigan (Kent County). The site is listed at 0.72 acres.

Rental and unit configuration is designed around the existing unit mix, with utility separation and on-site laundry support for day-to-day operations.

Key Highlights

  • 14‑unit brick apartment building built in 1973 with brick and wood siding exterior and composition roof
  • Unit mix: 13 two‑bedroom/one‑bath units and 1 three‑bedroom/one‑bath unit
  • Rental income of just under $18,000/month; professionally managed with separately metered electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Daycare Center Electrical Service Real Estate Agency HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 49519, MI

28,025
Population
11,693
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
90%
High-School Grad
8.0 sq mi
ZIP Area
3,503
Density / Sq Mi
$75,373
Median Household Income
$39,240
Median Earnings
$1,176
Median Rent
$220,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick, turn-key 14-unit building with separately metered electric, coin laundry, and carports on a 0.72-acre lot.
Where is this apartment building located?
The property is located at 1720 Porter Street SW Wyoming, MI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 14‑unit brick apartment building built in 1973 with brick and wood siding exterior and composition roof; Unit mix: 13 two‑bedroom/one‑bath units and 1 three‑bedroom/one‑bath unit; Rental income of just under $18,000/month; professionally managed with separately metered electric
More about this property
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