$395,000
9 Beds
6 Baths
3,808 sqft (on 9 acres)
2364 N Parma Rd, Parma, MI 49269
Est. Mortgage $2,587/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1970
9 acre lot
$104/sqft
5 Parking Spaces
Local Information
- Map ViewExplore the area around 2364 N Parma Rd.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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
Last check for updates: about 5 hours ago
Listing courtesy of LAURA Dwyer SCHLECTE, (517) 780-3830
THINKING REAL ESTATE, (517) 780-3800
Source: MichRIC, MLS#26036238
Also Listed on MichRIC, Realcomp II.
Home Details for 2364 N Parma Rd
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MLS Status: Active |
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3808 Square Feet |
Appliances & Utilities Utilities: Natural Gas Connected, Electricity Connected |
Heating & Cooling Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Gas & Electric Has Electric on Property |
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Parking & Garage Parking Spaces: 5Parking: Driveway,Gravel |
Frontage Road Frontage: Private RoadNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Days on Market: 58 |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Units |
Building Construction Materials: OtherNot a New Construction |
Property Information Parcel Number: 000062542600300 |
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Price List Price: $395,000Price Per Sqft: $104 |
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Direction & Address City: Parma |
School Information High School District: Western |
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Listing Agent Listing ID: 26036238 |
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Lot Area: 9 Acres |
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Listing Terms: VA Loan, Cash, Conventional, Contract |
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Expense Tenant Pays: Electricity, Gas |
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Owner Pays: None |
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Mls Number: 26036238 |
Around this home
What Locals Say about Parma
At least 13 Trulia users voted on each feature.
100 % Say car is needed
95 % Say yards are well-kept
95 % Say it's dog friendly
80 % Say it's quiet
71 % Say parking is easy
68 % Say people would walk alone at night
67 % Say kids play outside
67 % Say streets are well-lit
63 % Say they plan to stay for at least 5 years
62 % Say there's wildlife
59 % Say there's holiday spirit
54 % Say neighbors are friendly
45 % Say there are sidewalks
36 % Say there are community events
21 % Say it's walkable to restaurants
20 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Parma
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
13
3MoM
Home Value
Trulia Estimate
$360KSince last month
Decreased$18K (-4.6%)Since last year
Increased$218K (+154.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +359% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $360K |
| August 2026 | $360K |
| July 2026 | $377K |
2025 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.55 | Multi-Family Home | $173,000 | 01/23/26 | 5 | 2 | 900 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | - | - | - | - | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.23 | - | - | - | - | Off Market | |
0.35 | $113,900 | 2 | 1 | 1,097 | Off Market | |
0.40 | $190,500 | 3 | 2 | 1,512 | Recently Sold | |
0.48 | $675,000 | - | - | - | Recently Sold | |
0.51 | $168,200 | 2 | 1 | 1,040 | Off Market | |
0.52 | $234,900 | 3 | 1.5 | 2,000 | Recently Sold | |
0.46 | $30,000 | - | - | - | Recently Sold | |
0.46 | $112,500 | - | - | - | Recently Sold | |
0.53 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 15, 2026 Source: MichRIC #26036238 | Listed For Sale | $395,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $76,400 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
LAURA Dwyer SCHLECTE, THINKING REAL ESTATE, (517) 780-3800
Agent Phone: (517) 780-3830
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.
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Frequently asked questions about 2364 N Parma Rd
- What is the estimated monthly payment for 2364 N Parma Rd?Based on a $395,000 list price with 20% down at today's rates, the estimated monthly payment for 2364 N Parma Rd is approximately $2,614 (about $2,121 principal & interest, $418 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Parma?Residents describe Parma, MI as well-kept, dog-friendly, and quiet. Most residents say you need a car. See homes for sale in Parma, MI.
- What are the closest schools to 2364 N Parma Rd?The closest schools to 2364 N Parma Rd are Bean Elementary School (rated 8/10), Parma Elementary School (Pre-K, rated 6/10), Warner Elementary School (rated 6/10).
- What is 2364 N Parma Rd estimated to be worth?Trulia's estimated value for 2364 N Parma Rd is $359,900.
- Does 2364 N Parma Rd have parking?Yes, 2364 N Parma Rd has on-site parking.
2364 N Parma Rd, Parma, MI 49269 is a 9 bedroom, 6 bathroom, 3,808 sqft multi-family built in 1970. This property is currently available for sale and was listed by MichRIC on Jul 15, 2026. The MLS # for this home is MLS# 26036238.