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Listing provided courtesy of MOXIE Real Estate + DevelopmentMLS# 26032644MLS ProviderSource MLS Verified
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MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs. Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash. With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses. Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.

Source: MichRIC MLS, MLS#: 26032644

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  • Property Type
    Residential Income
  • Lot
    0.29 acres

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Ken Collica

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1860 Prairie Parkway SW

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: MichRIC MLS Added to Database
June 29, 2026
5/30/2025Source: MichRIC MLS Status Change
Sold
4/21/2025Source: MichRIC MLS Status Change
Pending
3/20/2025Source: MichRIC MLS Price Reduction
$450,000 -6.6%
3/19/2025Source: MichRIC MLS Status Change
Active
2/12/2025Source: MichRIC MLS Status Change
Pending
12/31/2024Source: MichRIC MLS Price Reduction
$482,000 -0.6%
12/2/2024Source: MichRIC MLS Status Change
Active
11/11/2024Source: MichRIC MLS Status Change
Pending
10/30/2024Source: MichRIC MLS Price Reduction
$485,000 -3.0%
8/26/2024Source: MichRIC MLS Added to Database
August 26, 2024
10/11/2022Source: MichRIC MLS Added to Database
October 11, 2022