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4-Unit Brick Apartment Building
For Sale
$529,900

1860 Prairie Parkway SW, Wyoming, MI 49519

Multi Family, Wyoming, MI

Property SizeContact for details
Lot Size0.29 Acres
Days on Market104

Property Features for 1860 Prairie Parkway SW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-4
Bedrooms 7
Full bathrooms 4
Rooms Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 4, Bathroom 3, Laundry Room, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement
Parking 4
Basement Full
Elementary school district Wyoming
Middle school district Wyoming
High school district Wyoming
Directions Burlingame South Of 28th Street To Prairie Parkway, West To Property
Standard status Active
APN 41-17-15-254-003
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1
Tax Annual Amount 5383
Legal Description LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1

Utilities

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

Amenities

coin-operated laundry
individual storage units

Building Details

Year built 1967
Number of units 4
Building materials Brick
Roof type Composition
Listing Agency: MOXIE Real Estate + Development
Listed By: Shawn Jacobs · License #6501370018
Added: Jun 25 Changed: Sep 16 Last Checked: Oct 6 at 5:06PM
MLS# 26032644

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 4-unit apartment property in Wyoming, MI, offers three 2-bedroom residences and one 1-bedroom residence. Improvements include updated units, newer windows, new gutters, a replacement fence, and LED lighting. The brick building was constructed in 1967 and includes coin-operated laundry facilities and individual storage units.

The 0.29-acre property is located at 1860 Prairie Parkway SW, Wyoming, MI 49519. Electrical service is individually metered, while the owner currently covers heat through a hot-water system, water/sewer, and trash. Additional physical features include a composition roof, window-unit cooling, and cable availability.

Key Highlights

  • 4‑unit apartment building with three 2‑bedroom units and one 1‑bedroom unit
  • Updated units with newer windows, new gutters, new fence, and updated LED lighting
  • Coin‑operated laundry and individual storage units

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Three two-bedroom residences and one one-bedroom residence support a varied rental-unit mix.
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: 4‑unit apartment building with three 2‑bedroom units and one 1‑bedroom unit; Updated units with newer windows, new gutters, new fence, and updated LED lighting; Coin‑operated laundry and individual storage units
More about this property
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