2364 North Parma Road

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per 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,...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
  1. Listed by LAURA Dwyer SCHLECTE • THINKING REAL ESTATE
    P: (517)-780-3830 C: (734)-660-4260 laura@7803800.com

Property Details for 2364 North Parma Road

Zoning
AG1
ZoningDescription
AG1
LISTING UPDATED: 07/15/2026 08:01 PM

Property Details for 2364 North Parma Road

StatusActive
MLS #26036238
Days on Market1
Taxes$3,016 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 5+ Units
Year Built1970
Lot Size9.00 AC / 392,040 SF
CountyJackson County

Location

Listing Courtesy of THINKING REAL ESTATE
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Building Information for 2364 North Parma Road

Stories-Residences7Year Built1970Building Size-Lot Size9.00 AC / 392,040 SF

Payment Calculator

$2,220 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,968

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2364 North Parma Road

Summary
Location and General Information
  • Cross Streets: S of I-94, N of Michigan Ave
  • Road Frontage Type: Private Road
  • Municipality: Parma Twp
  • Directions: South of I-94; North of Michigan Ave.
  • Area - Major: Parma Twp (38011)
  • Street #: 2364
  • Street Direction: N
  • Street Name: Parma
  • Suffix: Road
  • City: Parma
  • State: MI
  • Zip Code: 49269
  • County: Jackson
  • Latitude: 42.266497
  • Longitude: -84.60017
Taxes and HOA
  • Taxable Value: 56264.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 000-06-25-426-003-00
  • Homestead: 0
  • SEV: 104000
Parking
  • Parking Features: Driveway, Gravel
  • Parking Total: 5.0
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Wooded
  • Lot Dimensions: 425x299x390x954x269x916x228x33
  • Lot Measurement: Acres
  • Lot Acres: 9.0
  • Lot Square Footage: 392040.0
  • Lot Size Area: 9.0
Property and Assessments
  • Tax Year: 2025
  • Legal: Includes 3 Lots: 000-06-25-426-003-00; 000-06-25-426-004-00; 000-06-25-476-001-04
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1970
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Connected, Electricity Connected
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: None
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Street Type: Private, Public
  • Exterior Material: Other
  • Substructure: Crawl Space
Interior Features
  • Heating: Forced Air
  • Basement: No
  • Cooling: None
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: No
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Air Conditioning: None
Multi Family
Multi Family Information
  • Number of Units: 7
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $750.00
  • Occupied: Yes
  • SqFt: 924.0
  • Description: Single Wide
Unit 2
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $700.00
  • Occupied: Yes
  • SqFt: 708.0
  • Description: Single Wide
Unit 3
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $625.00
  • Occupied: Yes
  • SqFt: 462.0
  • Description: 1/2 of Single Wide
Unit 4
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $700.00
  • Occupied: Yes
  • SqFt: 462.0
  • Description: 1/2 Single Wide
Unit 5
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $720.00
  • Occupied: Yes
  • SqFt: 532.0
  • Description: Single Wide
Unit 6
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $690.00
  • Occupied: Yes
  • SqFt: 720.0
  • Description: Single Wide
Unit 7
  • BathsTotal: 0
  • BedsTotal: 0
  • FullBaths: 0
  • HalfBaths: 0
  • ActualRent: $360.00
  • Occupied: Yes
  • SqFt: 0.0
  • Description: Lot Only
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric, Gas, Trash
  • Owner Pays: None
  • Terms Available: Cash, Conventional, Land Contract, VA Loan

Property History for 2364 North Parma Road

DateEvent & SourcePriceAppreciation
Jul 15, 2026

Listed (Active)

Realcomp #55026036238

$395,000
Jul 15, 2026

Listed (Active)

MiRealSource #70545913

$395,000
Jul 15, 2026

Listed (Active)

Michigan Regional Information Center #26036238

$395,000
DateEvent & SourcePrice
07/15/2026

Listed (Active)

Realcomp #55026036238

$395,000
07/15/2026

Listed (Active)

MiRealSource #70545913

$395,000
07/15/2026

Listed (Active)

Michigan Regional Information Center #26036238

$395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2364 North Parma Road

Taxable ValueLand$35,600Additions-Total$35,600
Tax Record2024$938 ($78 / month)
Home Facts
Beds4Total Finished SqFt924 SqFtAbove Grade Finished SqFt924 SqFtLot Size260,053 SqFtStyleSingle Family ResidenceYear Built1969ZoningAG 1CountyJACKSONAPN000-06-25-426-003-00

Schools near 2364 North Parma Road

This home is within Western School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Parma Elementary School
PublicPK to 5

Western Middle School
Public6 to 8

Western High School
Public9 to 12

Warner Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2364 North Parma Road is a multi-family home for sale in Parma, MI 49269. This property was listed for sale on July 15, 2026 by THINKING REAL ESTATE, it's currently listed at $395,000. This listing's school district is Western School District. Nearby schools include Parma Elementary School, Western Middle School and Western High School. 2364 North Parma Road is a 9-bed, 6-bath, multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THINKING REAL ESTATE

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