1201 Rathbone Street SW 1 & 2, Wyoming, MI 49509 (MLS# 26034645)

1201 Rathbone Street SW 1 & 2, Wyoming, MI 49509

New Listing
$279,900
Property Type: Multi Family Lot Size (sq. ft.): 4,600 Status: Active
Current Price: $279,900 List Date: 7/08/2026 Last Modified: 7/08/2026

Overview

Description

Great opportunity to own a well-maintained duplex that's ideal for both owner-occupants and investors! The spacious lower unit offers 3 bedrooms and 1 bathroom, has been updated throughout, and is currently vacant, making it move-in or rent-ready. The upper unit features 1 bedroom and 1 bathroom, has also been updated, and is leased for $1,250 per month, providing immediate rental income. Both units are serviced by 1-year-old furnaces, offering added peace of mind. The lower unit has exclusive access to the basement laundry. Additional highlights include new concrete providing parking for up to four vehicles and a newer roof. Live in one unit while the other helps offset your mortgage, or add a solid income-producing property to your investment portfolio.

Listing Details MLS# 26034645

Location Property Info

County
Kent
Street #
1201
Street Name
Rathbone
Suffix
Street
Post Direction
SW
State
MI
Zip Code
49509
Zip (4)
1038

General Property Info

Lot Measurement
Acres
Lot Square Footage
4600
Lot Acres
0.11
Lot Dimensions
40x115
Year Built
1925
New Construction
No
Road Frontage
40
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Parking Spaces
4
Waterfront
No
School District
Godfrey-Lee
Basement
Yes

Tax Info

Tax ID #
41-17-02-181-017
Taxable Value
88800
SEV
88800
For Tax Year
2026
Seller's Annual Property Tax
5068.85
Tax Year
2025
Spec Assessment & Ty
N/A
Zoning
RES
Homestead %
0

Remarks Misc

Directions
West on Chicago Drive, North on Nagel Ave and West on Rathbone.

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit #
Yes
Unit Description
lower
SqFt
750
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Range Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Unit 2

Unit #
2
Unit Description
upper
SqFt
568
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Unit #
1 & 2
Cross Streets
Chicago drive & Godfrey Ave
Property Sub-Type
2 to 4 Units
Municipality
City of Wyoming
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Great opportunity to own a well-maintained duplex that's ideal for both owner-occupants and investors! The spacious lower unit offers 3 bedrooms and 1 bathroom, has been updated throughout, and is currently vacant, making it move-in or rent-ready. The upper unit features 1 bedroom and 1 bathroom, has also been updated, and is leased for $1,250 per month, providing immediate rental income. Both units are serviced by 1-year-old furnaces, offering added peace of mind. The lower unit has exclusive access to the basement laundry. Additional highlights include new concrete providing parking for up to four vehicles and a newer roof. Live in one unit while the other helps offset your mortgage, or add a solid income-producing property to your investment portfolio.
Legal
LOT 1. RATHBONE'S 2ND ADDITION

Lot Description

Corner Lot
Yes

Util Avail at Street

None
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes
MSHDA
Yes
VA Loan
Yes

Mineral Rights

Unknown
Yes

Laundry Features

In Basement
Yes

Exterior Material

Aluminum Siding
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

None
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Trash
Yes

Driveway

Concrete
Yes

Substructure

Michigan Basement
Yes
Partial
Yes

Owner Pays

Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes
See Remarks
Yes

Property Features

Laundry Features: In Basement Exterior Material: Aluminum Siding Substructure: Michigan Basement; Partial Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: None Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Concrete Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Close Of Escrow; See Remarks Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator
IDX
Listing Office: Five Star Real Estate (Main)
Listing Agent: Nestor Vazquez
Source MLS Verified
Last Updated: July - 08 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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