$325,000
Muskegon, MI 49440
MLS# 26019126
1 / 32
Property Description
Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect. Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one. With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.
Details
Maps
Location & Property Info
Cross Streets: between Second and third
Property Sub-Type: 2 to 4 Units
Municipality: Muskegon City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 112.07
General Property Info
New Construction: No
Lot Dimensions: 66x132
Road Frontage: 66
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2900
Total Parking Spaces: 6
School District: Muskegon
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Year Built: 1937
Tax Info
Taxable Value: 80649
SEV: 114700
For Tax Year: 2025
Seller's Annual Property Tax: 5200
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: na
Zoning: B-1
Tax ID #: 24-205-351-0004-00
Remarks & Misc
Public Remarks: Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect.
Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one.
With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.
Legal: CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 4 BLK 351
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Land Contract: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
Other: 1
Heat Type
Forced Air: 1
Wall Furnace: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Paved: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: 2bed, 1 bath
SqFt: 1200
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Unit 2
Unit #: 2
Unit Description: 1bd, 1 bath
SqFt: 500
Occupied: No
Monthly Rent: 500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 3
Unit #: 3
Unit Description: 2 beds, 1.5 baths
SqFt: 1200
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Muskegon
Street #: 263
Street Direction: W
Street Name: Muskegon
Suffix: Avenue
State: MI
Zip Code: 49440
Zip (4): 1334
OfficeContract Info
Status: Active
Current Price: $325,000
List Price: $325,000
Listing Date: 2026-04-30
Remarks Misc
Directions: take Apple west then take a left onto W. Muskegon. Property 1 block on your left across from church.
Property Features
Exterior Material: Wood Siding
Roofing: Composition; Rubber
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air; Wall Furnace
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; Land Contract
Possession: Close Of Escrow
Sale Conditions: Other
Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Unit 3: Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup
Listing Office: Apex Realty Group
Listing Agent: Paul H DeBoer
Last Updated: May - 01 - 2026
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