Remodeled Four-Unit
For Sale
$499,900
Pending
2916 Taft Ave SW, Wyoming, MI 49519
Four residential units were renovated in 2024 and are currently occupied, with separate gas and electric service paid by tenants.
Property SizeContact for details
Days on Market23
Property Features for 2916 Taft Ave SW
General Information
Standard status
Pending
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$63,600
Taxes and HOA fees
Annual Taxes
$11,952
Building Details
Year Built
1963
Year Renovated
2024
Units
4
Listing Agency:
1st Advantage Realty
(616) 648-9337
Listed By:
Jose L Morales · License #6501383944
(616) 648-9337
Source:
Elliman
Added: Aug 6
Changed: Aug 25
Last Checked: Aug 26 at 9:39AM
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 1st Advantage Realty
Investment Insights
Based on property information with market context.
Built in 1963, this RES-zoned quadplex contains four residential units: three with two bedrooms and one bathroom each, plus one with one bedroom and one bathroom. Renovations completed in 2024 included kitchen, bathroom, and flooring updates across all units. The property is fully occupied, and tenants separately cover their gas and electric service, supporting a straightforward operating structure.
The unit mix provides a combination of two-bedroom and one-bedroom layouts within a single multifamily asset. Recent interior improvements and current occupancy are established property features, while the configuration suits buyers seeking a smaller multifamily holding or an addition to an existing residential portfolio.
The unit mix provides a combination of two-bedroom and one-bedroom layouts within a single multifamily asset. Recent interior improvements and current occupancy are established property features, while the configuration suits buyers seeking a smaller multifamily holding or an addition to an existing residential portfolio.
Key Highlights
- Four‑unit quadplex with three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- All units remodeled in 2024 with updated kitchens, bathrooms, and flooring
- All units currently occupied
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units were renovated in 2024 and are currently occupied, with separate gas and electric service paid by tenants.
Where is this quadplex located?
The property is located at 2916 Taft Ave SW Wyoming, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Four‑unit quadplex with three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; All units remodeled in 2024 with updated kitchens, bathrooms, and flooring; All units currently occupied
