$229,900
Muskegon, MI 49440
MLS# 26015687
1 / 4
Property Description
Investors, take note! This fully occupied triplex offers immediate income and strong long-term potential. Featuring a spacious 2-bedroom, 1-bath unit along with two 1-bedroom, 1-bath units, this property is well-suited for consistent rental demand. The current owner has invested tens of thousands of dollars in recent improvements, including a new roof, new windows, fresh paint, and completion of city-required repairs, making this a true turnkey opportunity. Tenants pay electric and gas, while the owner covers water and sewer. Additional features include garage space and public utilities. Whether you're expanding your portfolio or entering the investment space, this Muskegon property is a solid, updated asset ready to perform. Don't miss it! Currently managed by Fresh Start Property Managment contact propertymanager@freshstartpmg.com for showings and questions
Details
Maps
Location & Property Info
Cross Streets: First and Monroe
Property Sub-Type: 2 to 4 Units
Municipality: Muskegon City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 41X66
Road Frontage: 107
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Muskegon
Lot Measurement: Acres
Lot Square Footage: 2701
Lot Acres: 0.06
Year Built: 1940
Tax Info
Taxable Value: 97100
SEV: 97100
For Tax Year: 2025
Seller's Annual Property Tax: 2948
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: NA
Zoning: R1
Tax ID #: 24-205-364-0005-10
Remarks & Misc
Public Remarks: Investors, take note! This fully occupied triplex offers immediate income and strong long-term potential. Featuring a spacious 2-bedroom, 1-bath unit along with two 1-bedroom, 1-bath units, this property is well-suited for consistent rental demand.
The current owner has invested tens of thousands of dollars in recent improvements, including a new roof, new windows, fresh paint, and completion of city-required repairs, making this a true turnkey opportunity. Tenants pay electric and gas, while the owner covers water and sewer.
Additional features include garage space and public utilities. Whether you're expanding your portfolio or entering the investment space, this Muskegon property is a solid, updated asset ready to perform. Don't miss it!
Currently managed by Fresh Start Property Managment contact propertymanager@freshstartpmg.com for showings and questions
Legal: CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 5 BLK 364 EXC N 91 1/2 FT TH'OF
Lot Description
Corner Lot: 1
Util Avail at Street
Natural Gas Available: 1
Public Sewer: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Exterior Material
Other: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Substructure
Crawl Space: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit Description: 1
SqFt: 0
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 2
SqFt: 0
Occupied: Yes
Monthly Rent: 825
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 3
SqFt: 0
Occupied: Yes
Monthly Rent: 618
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Muskegon
Street #: 1144
Street Name: 1st
Suffix: Street
State: MI
Zip Code: 49440
Zip (4): 1450
OfficeContract Info
Status: Active
Current Price: $229,900
List Price: $229,900
Listing Date: 2026-04-15
Remarks Misc
Directions: Muskegon Avenue to Third, to Monroe to First
Property Features
Exterior Material: Other
Roofing: Composition
Substructure: Crawl Space
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Natural Gas Available; Public Sewer; Storm Sewer
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional; FHA
Possession: Subject To Tenant Rights
Sale Conditions: None
Listing Office: Five Star Real Estate (Courtland)
Listing Agent: Emmett C TerBeek
Last Updated: April - 15 - 2026
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