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Seven-Unit Apartment Building
For Sale
$849,900
Pending

1833 Prairie Parkway SW, Wyoming, MI 49519

MULTI_FAMILY - Wyoming, MI

Property SizeContact for details
Lot Size0.52 Acres
Days on Market168

Property Features for 1833 Prairie Parkway SW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-4
Bedrooms 15
Full bathrooms 7
Rooms Bedroom 13, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 9, Bedroom 4, Bathroom 5, Bedroom 7, Bedroom 11, Bedroom 14, Bedroom 15, Bedroom 8, Bathroom 7, Bedroom 1, Bedroom 10, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 12, Bedroom 3, Basement
Parking 10
Basement Full
Elementary school district Wyoming
Middle school district Wyoming
High school district Wyoming
Standard status Pending
APN 41-17-15-253-011
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See attached
Tax Annual Amount 10516
Legal Description See attached

Utilities

Utilities Cable Available
Heating system Hot Water(Heating)
Cooling system Wall Unit(s), Window Unit(s)

Building Details

Year built 1969
Number of units 7
Building materials Brick
Listing Agency: Epique Realty
Listed By: Jose L Morales · License #6501425205
Added: Mar 10 Changed: Jul 25 Last Checked: Aug 24 at 3:06AM
MLS# 26009302

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 offering is a seven-unit apartment building presented for sale “as-is.” The property is currently unoccupied, which allows for immediate access to complete renovations and lease the units after improvements are completed. The need for updates and improvements is a core part of the value-add approach, and the scope of improvements may vary based on an investor’s strategy. Unit rent history referenced in the materials ranged from $900 to $1,500 per unit, with market rent estimates noted for 2-bedroom and 3-bedroom units.

The building is located at 1833 Prairie Parkway SW in Wyoming, Michigan 49519, in Kent County. The site sits on a 0.52-acre lot.

For buyers and operators, this property may fit best for those seeking a repositioning opportunity within a small multifamily structure and planning to manage unit turnover and renovation work. Because the building is sold as-is and is currently unoccupied, potential buyers should underwrite renovation budgets and timelines based on their intended tenant mix and leasing approach.

Key Highlights

  • 7‑unit apartment building; currently unoccupied, offering immediate access for renovations and unit leasing.
  • Brick construction; built in 1969 with basement included.
  • Heating: hot water system; cooling provided by wall units and window units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Daycare Center Computer & Electronic Repair

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

366
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Unoccupied seven-unit multifamily property for investors looking to renovate and stabilize as a rental asset.
Where is this apartment building located?
The property is located at 1833 Prairie Parkway SW Wyoming, MI.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 7‑unit apartment building; currently unoccupied, offering immediate access for renovations and unit leasing.; Brick construction; built in 1969 with basement included.; Heating: hot water system; cooling provided by wall units and window units.
More about this property
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