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Street View
$395,000
Monthly Est:$1,966
-- Bed
-- Bath
3,620sqft
2364 N Parma Rd, Parma, MI 49269
$395,000
$1,966/moEst:
Get Pre-Approved
Multi Family
Built in 1970
$-- HOA
9 acres lot
$109/sq.ft
Description
Investment opportunity featuring a small, fully occupied mobile home park with stable cash flow. The property includes three separate parcels totaling approximately 9 acres, with five mobile homes on site. The seller owns four of the homes and receives lot rent from the fifth. Current gross annual income is approximately $54,540, with estimated annual operating expenses of $20,000 for taxes, insurance, maintenance, and repairs. The homes are approximately 30-40 years old, have been rebuilt or updated, and are in average to good condition with no known major deferred maintenance. Owner-paid utilities apply to the duplex units. The property is supported by three wells and four septic systems and offers convenient access to the highway and the Village of Parma. Additional vacant acreage may provide potential for future home sites or other uses, subject to municipal and zoning approval. Seller prefers owner financing through a land contract, with terms subject to negotiation and approval
- Houzeo last checked: 8 minutes ago
- Listing updated: July 21, 2026 at 12:13 am
- Listing Provided by: LAURA Dwyer SCHLECTE (517) 780-3830 | THINKING REAL ESTATE (517) 780-3800
- Source: Realcomp MLS-MI | MLS#: 55026036238
- Originating MLS: Jackson Area Association of REALTORS
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1970
HOA Fees
-
Finished Area
3,620 sqft
Lot Size
9 acres lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
55026036238
MLS Status
Active
Days on Market
85
Cumulative Days on Market
5
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Septic Tank
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1970
Home type
Multi Family
Foundation Details
Crawl Space
Construction Materials
Other
Utilities & Energy
Parking Features
Gravel
Water Source
Well
Utilities
Electricity Connected, Natural Gas Connected
Other Features
Lot Features
Wooded
Price History
| Date | Event | Price |
|---|---|---|
07/15/2026 Source: | Listed for Sale | $395,000 $109/sqft |
Find Homes by Property Features in Parma, MI
Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 03:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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