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    201 E Main St Parma, MI 49269

    For Sale
    $185,000

    MULTI_FAMILY - Parma, MI

    Lot size:
    0.08 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 201 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 1
    Bedrooms
    5
    APN
    012-07-31-154-003-00
    Parking
    4
    Parking features
    Driveway
    Basement
    Crawl Space
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Composition

    NCDG REALTY & PROPERTY MANAGE (517) 796-6148

    Listing agent JOHN W COLLIS (517) 745-3948

    Listing date Nov 20, 2025

    MLS# 25043989 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Parma Village Duplex Investment Opportunity

    This income-producing duplex is located in Parma Village, within the Western School District. The property features two separate units, each with private entrances and a shared driveway. The upper unit includes 2 bedrooms and 1 bath, and comes complete with appliances: a refrigerator, stove, microwave, dishwasher, washer/dryer, and window A/C. The main level unit has been updated and features 3 bedrooms and 1 bath, along with brand-new stainless-steel appliances including a refrigerator, stove, dishwasher, microwave, and dryer, plus a washer hook-up. The main level unit also benefits from a spacious private backyard. The tenants are responsible for gas, electric, lawn care, and snow removal, resulting in low expenses for the owner. The property is currently fully rented with tenants, offering immediate cash flow in a sought-after location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Jackson
    State
    Michigan
    Longitude
    -84.598457
    Latitude
    42.258656

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex in Parma Village with immediate cash flow.
    Where is this duplex located?
    The property is located at 201 E Main St Parma, MI.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Fully occupied duplex provides immediate cash flow.; - Located in the highly desirable Western School District.; - Tenants pay for gas, electric, lawn care, and snow removal, resulting in low owner expenses.
    (517) 745-3948
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 E Main St Parma, MI 49269
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