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$395,000 Just Listed
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Property 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
Full Property Details
Full Property Details for 2364 N Parma Rd
General
- Price: $395,000
- Taxes: $3,016
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26036238
- Updated: 7/16/2026
- Added to Site: 2 day(s) ago
Parking
- Total Spaces: 5
- Parking Features: Driveway, Gravel
Location
- County: Jackson
- Cross Streets: S of I-94, N of Michigan Ave
- Driving Directions: South of I-94; North of Michigan Ave.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 4
- Construction: Other
- Basement: Yes
- Year Built: 1970
Lot Features
- Lot Size (Acres): 9
- Lot Size (Sq. Ft.): 392,040
- Lot Dimensions: 425 x 299 x 390 x 954 x 269 x 916 x 228 x 33
- Lot Features: Wooded
- Zoning: AG1
Financial Considerations
- Tax Amount: $3,016.09
- Terms: VA Loan, Cash, Conventional, Contract
- Landlord Pays: None
- Tenant Pays: Electricity, Trash, Gas
Disclosures and Reports
- Legal Description: Includes 3 Lots: 000-06-25-426-003-00; 000-06-25-426-004-00; 000-06-25-476-001-04
- Property ID: 000-06-25-426-003-00
Listed by Thinking Real Estate, LAURA Dwyer SCHLECTE
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Schools
Schools serving 2364 N Parma Rd
School District:Western School District
| Name | Grades | Distance |
|---|---|---|
Parma Elementary School 385 Elizabeth Street, Parma, MI 49269 | PK-5 | 0.9 mi |
Warner Elementary School 118 Star Road, Spring Arbor, MI 49283 | K-5 | 5 mi |
Bean Elementary School 3201 Noble Road, Spring Arbor, MI 49283 | K-5 | 5.1 mi |
Western Middle School, Parma, MI 1400 South Dearing Road, Parma, MI 49269 | 6-8 | 3.5 mi |
Western High School, Parma, MI 1400 South Dearing Road, Parma, MI 49269 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2364 N Parma Rd
Date
Details
Price
Change
Source
7/15/2026
Listed
$395,000
394.37%
MLS
10/06/2010
Sold
$79,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2364 N Parma Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$848
—
$38,200
7%
2025
$848
138%
$35,600
40%
2022
$356
—
$25,400
6%
2022
$356
100%
$23,900
12%
2020
100%
$21,400
9%
2020
-100%
$19,600
2%
2018
$775
22%
$19,200
—
2019
$635
—
$19,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2364 N Parma Rd
2364 N Parma Road, Parma, MI 49269 (MLS# 26036238) is a Single Family property with 0 bedrooms and 0 full bathrooms. 2364 N Parma Road is currently listed for $395,000 and was received on July 15, 2026. Want to learn more about 2364 N Parma Road? Do you have questions about finding other Single Family real estate for sale in Parma? You can browse all Parma real estate or contact a Coldwell Banker agent to request more information.

