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2-Unit Duplex with Parking
For Sale
Contact for pricing
Pending

218 W Main Street, Parma, MI 49269

Both residences feature updated interiors, separate entrances, and dedicated tenant parking on a corner parcel.

Property SizeContact for details
Days on Market142

Property Features for 218 W Main Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Home 1st Real Estate
Listed By: Jeff Redman · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:11PM

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 Home 1st Real Estate

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with 2 bedrooms, 1 full bath, and 1100 sq.ft. of living area. Improvements completed from 2015 to 2021 include refreshed kitchens and bathrooms, new carpet, vinyl plank flooring, interior paint, and high-efficiency furnaces in both units. The building also has a newer roof with architectural asphalt shingles and separate front and rear entry points.

The property occupies the corner of W Main Street and Mill Street in Parma. A triangular portion along the west side of the building is included with the lot and provides tenant parking. The combination of two-bedroom layouts, updated systems and finishes, and on-site parking supports continued residential rental use.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bath in each residence
  • Each unit contains 1100 sq.ft. of living area
  • Interior and system improvements completed from 2015‑2021

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Building Supply Real Estate Agency Auto Parts Store Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 49269, MI

5,874
Population
2,083
Households
2.8
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
55.8 sq mi
ZIP Area
105
Density / Sq Mi
$83,933
Median Household Income
$50,372
Median Earnings
$967
Median Rent
$200,100
Median Home Value

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?
Duplex - Both residences feature updated interiors, separate entrances, and dedicated tenant parking on a corner parcel.
Where is this duplex located?
The property is located at 218 W Main Street Parma, MI.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each residence; Each unit contains 1100 sq.ft. of living area; Interior and system improvements completed from 2015‑2021
(517) 206-6518 Call to check price and availability
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