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Updated Quadplex with Laundry
For Sale
$529,900

1860 Prairie Parkway SW, Wyoming, MI 49519

The building has individually metered electrical service, coin-operated laundry, and separate storage units.

Property SizeContact for details
Days on Market123

Property Features for 1860 Prairie Parkway SW

General Information

Standard status Active
Property subtype 2 to 4 Units

Units

Unit Mix 3 x 2BR, 1 x 1BR
Multifamily Units 4
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,383

Amenities

coin-operated laundry
individual storage units

Building Details

Year Built 1967
Buildings 1
Listing Agency: MOXIE Real Estate + Development
Listed By: Shawn Jacobs · License #6501370018
Source: Bialikrealestate
Added: Jun 29 Changed: Oct 26 Last Checked: Oct 26 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MOXIE Real Estate + Development

Rey
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Investment Insights

Based on property information with market context.

Built in 1967, this four-unit apartment property includes three two-bedroom residences and one one-bedroom residence. Improvements include updated unit interiors, newer windows, replacement gutters, a new fence, and LED lighting. Coin-operated laundry and individual storage units are also on site.

Electrical service is separately metered for each unit. The owner currently pays for boiler heat, water and sewer, and trash service.

Key Highlights

  • Four apartments: three two‑bedroom units and one one‑bedroom unit
  • Coin‑operated laundry and individual storage units
  • Electrical service is individually metered

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

397
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The building has individually metered electrical service, coin-operated laundry, and separate storage units.
Where is this quadplex located?
The property is located at 1860 Prairie Parkway SW Wyoming, MI.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Four apartments: three two‑bedroom units and one one‑bedroom unit; Coin‑operated laundry and individual storage units; Electrical service is individually metered
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