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Updated 4-Unit Apartment Building
For Sale
$537,500

1860 Prairie Parkway SW, Wyoming, MI 49519

MULTI_FAMILY - Wyoming, MI

Property SizeContact for details
Lot Size0.29 Acres
Days on Market58

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 Laundry Room, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 5, Basement, Bathroom 2
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)

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: Jul 25 Last Checked: Aug 21 at 2:06AM
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 updated 4-unit apartment building offers a practical mix of layouts, including three 2-bedroom units and one 1-bedroom unit. The property includes on-site coin-operated laundry and individual storage units for tenants. Renovations and improvements are identified throughout the building, including updated units, newer windows, new gutters, a new fence, and updated LED lighting.

The property is located at 1860 Prairie Parkway SW in Wyoming, Kent County, Michigan (49519). Electrical is individually metered, while the owner currently covers heat (boiler), water/sewer, and trash.

For prospective buyers or operators seeking a smaller multifamily asset with a defined unit mix, the current configuration supports a range of household sizes. The recent updates listed in the offering can help with ongoing building maintenance considerations, while tenant-friendly conveniences such as coin laundry and personal storage add everyday usability. With electricity separated by individual meters, utility responsibility is clearly divided between residents and the owner for the remaining covered services (heat, water/sewer, and trash), providing straightforward operating structure.

Key Highlights

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

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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
Multi-tenant
Tenancy

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

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?
Quadplex - Four rental units include three two-bedroom apartments and a one-bedroom unit, plus coin laundry and storage.
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 $537,500.
What are key features of this property?
This property features: Updated 4‑unit apartment building with three 2‑bedroom units and one 1‑bedroom unit; Renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting; Coin‑operated laundry plus individual storage units
More about this property
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