$230,000
SOLD JUL 30, 2025

1203 Rathbone St SW Unit 2 Wyoming, MI 49509

Urbandale Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,520 Sq Ft Lot

Recently Sold

12% Below List Price

75 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • 4-minute walk to Marquette Park
  • Forced Air Heating System
  • Level Lot

About This Home

As of July 2025

This updated duplex in Wyoming offers 3k a month in rental income and is the perfect chance to make passive income. The first floor unit offers 3 beds, 1 full bath, and separate laundry. It has been freshly painted and the kitchen features new base cabinets, countertops, subway tile backsplash, and new vinyl plank flooring. The bathroom has been updated with a new toilet, vanity, and new vinyl plank floors. The upstairs unit offers 2 bedrooms and one full bath. Entire upstairs was recently painted and new vinyl plank in the kitchen, new base kitchen cabinets and new counter tops.
There's a large living room and decently sized kitchen. The laundry for the upper unit is found in the basement
Other features include; newer vinyl siding, new furnace, separate gas and electric meters. shed, partially fenced yard, and parking off alley.
Duplex was rental certified this month, and is good for 3 years. Lower unit has a lease until November, and upper unit has a month to month lease. Seller is a licensed Realtor in the state of Michigan.

Last Agent to Sell the Property

Jason Titus

Independence Realty (Main) License #6501369363 Listed on: 05/03/2025

Last Buyer's Agent

Delky Baez

RE/MAX United (Beltline) License #6501321849

RE/MAX United (Beltline)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,490

Year Built

  • Built in 1925

Lot Details

  • 5,520 Sq Ft Lot
  • Lot Dimensions are 48x115
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,490

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48X115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: multi
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features In Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 239900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Laundry Features: In Basement, Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 48X115
  • Lot Size Sq Ft: 5520.0
  • Zoning Description: multi

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5490.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Jul 30, 2025
Sold by
Titus Homes Llc
Bought by
2047 Palace Llc
Seller's Agent
Jason Titus
Independence Realty (Main)
Buyer's Agent
Delky Baez
RE/MAX United (Beltline)
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%
Views
87

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 20, 2022
Sold by
Titus Jason
Bought by
Titus Homes Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Anthony DeBartolo
DeBartolo Realty - I
List Price
$259,900
Sold Price
$182,000
Premium/Discount to List
-$77,900
-29.97%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$135,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2012
Sold by
Ralston Thomas
Bought by
Kardos Derek

Purchase Details

Closed on
Nov 18, 2011
Sold by
Rettig Jett
Bought by
Grpm Llc

Purchase Details

Closed on
Oct 19, 2011
Sold by
Grpm Llc
Bought by
Ralston Thomas Boston

Purchase Details

Closed on
Oct 18, 2011
Sold by
Wilcox John and Wilcox Amanda
Bought by
Rettig Jeffrey
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $180,000 --
Land Contract -- Gr Title Llc
Warranty Deed $24,000 None Available
Warranty Deed $2,000 None Available
Warranty Deed $18,000 Group Title Agency Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2025 07/30/25 Sold $230,000 -4.1% --
07/17/2025 07/17/25 Pending -- -- --
07/16/2025 07/16/25 Price Changed $239,900 -2.9% --
06/16/2025 06/16/25 Price Changed $247,000 -0.4% --
06/12/2025 06/12/25 Price Changed $248,000 -0.4% --
05/30/2025 05/30/25 Price Changed $249,000 -2.3% --
05/11/2025 05/11/25 Price Changed $254,900 -1.9% --
05/03/2025 05/03/25 For Sale $259,900 +42.8% --
10/20/2022 10/20/22 Sold $182,000 -9.0% -- View Prior Sale
09/13/2022 09/13/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $199,900 -11.1% --
08/18/2022 08/18/22 Price Changed $224,900 -4.3% --
07/26/2022 07/26/22 Price Changed $234,900 -6.0% --
07/12/2022 07/12/22 Price Changed $249,900 -3.8% --
06/27/2022 06/27/22 For Sale $259,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,483 $96,900 $0 $0
2024 $5,483 $93,100 $0 $0
2023 $5,249 $77,800 $0 $0
2022 $1,435 $65,900 $0 $0
2021 $1,401 $62,600 $0 $0
2020 $1,290 $51,900 $0 $0
2019 $1,334 $43,800 $0 $0
2018 $1,807 $34,100 $0 $0
2017 $1,257 $30,400 $0 $0
2016 $1,226 $30,300 $0 $0
2015 $1,632 $30,300 $0 $0
2013 -- $18,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25019462

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-181-016