2364 N Road Parma
Parma, MI, 49269
$395,000
Beds
0 Baths
0 SqFt
9 Acres
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$395,000
2364 N Road Parma
Parma, MI, 49269
MLS #26036238 image #0
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

Property Details

Price:
$395,000
MLS #:
26036238
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
5+ Units
Listed Date:
Jul 15, 2026
Lot Size:
392,040 sqft / 9.00 acres (approx)
Year Built:
1970
WoodedWestern

Schools

School District:
Western

Interior

Cooling
None
Heating
Forced Air

Exterior

Construction Materials
Other
Lot Features
Wooded
Parking Features
Driveway, Gravel
Parking Spots
5
Parking Total
5

Financial

Tax Year
2025
Taxes
$3,016
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Current real estate data for Single Family in Parma as of Nov 06, 2026
16
Single Family Listed
49
Avg DOM
207
Avg $ / SqFt
$383,150
Avg List Price

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Property Summary

    2364 N Road Parma Parma MI is a Single Family for sale in Parma, MI, 49269. It is listed for $395,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1970. The average price per square foot for Single Family listings in Parma is $207. The average listing price for Single Family in Parma is $383,150.
2364 N Road Parma
Parma, MI

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