1203 Rathbone St SW Unit 2 Wyoming, MI 49509
Urbandale NeighborhoodEstimated payment $1,837/month
Highlights
- 1 Fireplace
- High Speed Internet
- 4-minute walk to Marquette Park
- Forced Air Heating System
- Level Lot
About This Home
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 basementOther 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.
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
- Shared Gas Meter
- High Speed Internet
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for water
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | New Conventional | |
| Previous Owner | $137,550 | New Conventional | |
| Previous Owner | $63,422 | Unknown | |
| Previous Owner | $103,000 | Unknown |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25019462
APN: 41-17-02-181-016
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Information is deemed reliable but not guaranteed.
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