1223 Terrace Street, Muskegon, MI 49442

Muskegon
Local realty services provided by:ERA Prime Real Estate Group
1223 Terrace Street,Muskegon, MI 49442
$375,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kevin cole
Office: bellabay realty llc.
MLS#:65026024005
Source:MI_REALCOMP

Price summary

  • Price:$375,000

About this home

Large 4-unit investment property at 1223 Terrace St, Muskegon, in an excellent location near downtown and surrounded by ongoing neighborhood revitalization.Situated in the historic McLaughlin District, a well-established neighborhood known for its historic character and proximity to downtown Muskegon. Excellent cash-flow opportunity for investors or owner-occupants. Photos available. Serious inquiries only.Current rents:Unit A - $1,000/month (large 1BR/1BA), currently vacant for easy showingsUnit B - $1,200/month (3BR/2BA)Unit C - $900/month (2BR/1BA)Unit D - $850/month (1BR/1BA)All rents offer potential for future increases. Long-term, reliable tenants with a strong payment history.Recent improvements include full remodeling of all units between 2021 and 2024, a new roof in 2022, and a new boiler in 2023.

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Home facts

  • Year built:1899
  • Listing ID #:65026024005
  • Added:92 day(s) ago
  • Updated:August 22, 2026 at 09:57 AM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1899
  • Lot area:0.2 Acres
  • Construction Materials:Wood Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Tax amount:$1

Parking

  • Total parking spaces:4
  • Parking description:Garage, Paved
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