Listing provided courtesy of Epique RealtyMLS# 26009302MLS ProviderSource MLS Verified
  • 110 days on site
  • 0 views

7-unit apartment building offering a strong value-add opportunity with significant upside potential. Property is currently unoccupied, allowing for immediate access to complete renovations and lease units at market rents. The property would benefit from updates and improvements, making it well-suited for investors looking to reposition and stabilize an asset. Scope of improvements may vary depending on investor strategy. Previous rents ranged from $900-$1,500 per unit, with market rents estimated around $1,500 for 2-bedroom units and $1,800-$2,000 for the 3-bedroom unit. Located in an area with consistent rental demand, this property presents an excellent opportunity to increase income and build long-term value. Great option for both local and out-of-state investors looking to add to their portfolio. Sold as-is

Source: MichRIC MLS, MLS#: 26009302

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  • Property Type
    Residential Income
  • Lot
    0.52 acres

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RE/MAX of Grand Rapids

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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 1833 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
6/26/2026Source: MichRIC MLS Status Change
Pending
6/11/2026Source: MichRIC MLS Price Reduction
$849,900 -5.6%
3/11/2026Source: MichRIC MLS Added to Database
March 11, 2026
5/18/2025Source: MichRIC MLS Status Change
Sold
2/12/2025Source: MichRIC MLS Status Change
Pending
1/23/2025Source: MichRIC MLS Price Reduction
$845,000 -0.6%
1/14/2025Source: MichRIC MLS Status Change
Active
12/10/2024Source: MichRIC MLS Status Change
Pending
12/2/2024Source: MichRIC MLS Status Change
Active
11/11/2024Source: MichRIC MLS Status Change
Pending
9/23/2024Source: MichRIC MLS Status Change
Active
9/14/2024Source: MichRIC MLS Status Change
Pending
8/27/2024Source: MichRIC MLS Added to Database
August 27, 2024
10/11/2022Source: MichRIC MLS Added to Database
October 11, 2022