Residential Income

Parma, MI Residential Income Properties for Sale

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Occupied Mobile Home Park Investment
Updated: Jul 15
Occupied Mobile Home Park Investment

2364 N Parma Road, Parma, MI 49269

$395,000
9.00 AC lot
Small, fully occupied mobile home park with stable cash flow; 5 mobile homes on site
Three separate parcels totaling approximately 9 acres, with owner ownership of 4 homes and lot rent from the 5th
Current gross annual income approximately $54,540 with estimated annual operating expenses of about $20,000
Homes described as approximately 30–40 years old, rebuilt/updated, in average to good condition with no known major deferred maintenance
Utilities supported by 3 wells and 4 septic systems; owner‑paid utilities apply to the duplex units
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Parma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Detached 2-Car Garage
Duplex with Detached 2-Car Garage

5325 Spring Arbor Road, Jackson, MI 49203

$189,900
0.53 AC lot

Well-maintained duplex with two occupied 1-bedroom, 1-bath units, plus a detached 2-car garage and storage sheds.

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Four-Unit Apartment Building
Four-Unit Apartment Building

212 W Porter Street, Albion, MI 49224

$50,000
0.13 AC lot

Fixer-upper four-unit property near Albion’s historic downtown with separate gas and electric meters for each apartment.

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Side-by-Side Duplex with Private Entries
Side-by-Side Duplex with Private Entries

513 19th St, SummitTownship_, Jackson, MI 49203

$275,000

Well-maintained duplex with single-level layouts, private entrances, and attached parking plus separate utilities for each unit.

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Albion Multi-Family Investment Opportunity
Albion Multi-Family Investment Opportunity

717 N Eaton Street, Albion, MI 49224

$54,900
0.14 AC lot

Two-unit home in Albion, Michigan, with renovation potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Parma, MI Building Site Land
Parma, MI Building Site Land

1400 Chapel Road, Parma, MI 49269

$88,000
11.00 AC lot

Approximately 11 acre building site in Western School District.

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Albion Land Parcel For Sale
Albion Land Parcel For Sale

V/L E Michigan Avenue, Albion, MI 49224

$64,000
5.82 AC lot

5.82 acre light industrial land parcel in Albion, Michigan.

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Vacant Lot in Albion, MI
Vacant Lot in Albion, MI

211 E Mulberry Street, Albion, MI 49224

Contact for pricing
0.16 AC lot

Buildable lot available through Calhoun County Land Bank's Develop program.

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Residential Land in Quiet Setting
Residential Land in Quiet Setting

V/L Ikram Oaks, Jackson, MI 49201

$200,000
10.46 AC lot

Land for sale in a quiet, upscale residential area.

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Off-Market Properties in Parma, MI

Consider similar Off-Market properties in Parma, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

11215 Michigan Ave
Farms

11215 Michigan Ave, Parma, MI 49269

Value Estimation by Request
95.00 AC lot
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Parma, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Parma, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $395,000.

Sale prices for residential income properties in Parma, MI start at $395,000, averaging $395,000, and reaching up to $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 1
Multifamily properties 1

Demographics Overview

Population 5,874
Population Growth (5Y) -4.9%
Median Household Income $83,933
College Educated 26.6%

Taxes & Financing

Tax Rate (average for all types) 3.97%
Property Tax per SF $65.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jackson County

New Delisted

Total CRE Inventory on Market (SF)

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