LKV Realty
Logo
$395,000
$1,900Reward *
2364 N Parma Road, Parma, MI 49269Listing ID 70545913

2364 N Parma Road, Parma, MI 49269

Active
Parma Twp (38011)
Time on site: 27 daysLast updated: Jul 21, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
3,620
Acres
Acres
9
Days on Site
Days on Site
27
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
1970

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

Property Information

Property Details

Location

Address
2364 N Parma Road
County
Jackson
City
Parma
Zip Code
49269
Subdivision
Parma Twp (38011)
School District
Western School District
MLS Area
Parma Twp (38011)
THINKING REAL ESTATE, (517) 780-3800

Interior Features

Heating and Cooling

Cooling
None
Heating
Forced Air

Building

Building Information

Square Feet
3,620
Year Built
1970
Construction
Other
Foundation
Crawl

Property Taxes

Tax Annual Amount
$3,016
Tax Year
2025

Market Report for 49269

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
MiRealSource logo
Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

MR78215