1223 Terrace Street, Muskegon, MI 49442
Local realty services provided by:CENTURY 21 Bayshore Real Estate
1223 Terrace Street,Muskegon, MI 49442
$360,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kevin cole
Office: bellabay realty llc.
MLS#:26024005
Source:MI_MICHRIC
Price summary
- Price:$360,000
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.
Contact an agent
Home facts
- Year built:1899
- Listing ID #:26024005
- Added:156 day(s) ago
- Updated:October 25, 2026 at 03:54 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1899
- Lot area:0.2 Acres
- Construction Materials:Wood Siding
Finances and disclosures
- Price:$360,000
- Tax amount:$1 (2025)
Parking
- Total parking spaces:4
New listings near 1223 Terrace Street
- New
$189,900Active1 beds 1 baths806 sq. ft.865 Petrie, Muskegon, MI 49441
MLS# 70566390Listed by: REALIANT REAL ESTATE - New
$189,900Active1 beds 1 baths806 sq. ft.865 Petrie Avenue, Muskegon, MI 49441
MLS# 26056742Listed by: REALIANT REAL ESTATE - New
$275,000Active3 beds 2 baths1,214 sq. ft.3453 Wanda Avenue, Muskegon, MI 49442
MLS# 26056683Listed by: FIVE STAR REAL ESTATE (MAIN) - New
$125,000Active3 beds 1 baths1,742 sq. ft.2072 W Giles Road, Muskegon, MI 49445
MLS# 26056645Listed by: GREENRIDGE REALTY (KENTWOOD) - New
$299,900Active3 beds 2 baths1,132 sq. ft.1156 Oaklea Avenue, Muskegon, MI 49442
MLS# 26056596Listed by: FIVE STAR REAL ESTATE - Open Sun, 2:30 to 4:30pmNew
$195,000Active2 beds 1 baths944 sq. ft.2280 Madalene Avenue, Muskegon, MI 49442
MLS# 26056535Listed by: COLDWELL BANKER WOODLAND SCHMIDT GRAND HAVEN - New
$189,900Active3 beds 2 baths1,227 sq. ft.492 Amity Avenue, Muskegon, MI 49442
MLS# 26056441Listed by: FIVE STAR REAL ESTATE (GRANDV) - New
$349,900Active3 beds 3 baths2,078 sq. ft.1480 Montgomery Avenue, Muskegon, MI 49441
MLS# 26056445Listed by: RE/MAX WEST - New
$229,900Active4 beds 2 baths1,535 sq. ft.1466 N Scenic Drive, Muskegon, MI 49445
MLS# 26056359Listed by: LEGACY REAL ESTATE PARTNERS - New
$201,000Active3 beds 1 baths1,119 sq. ft.2991 Violet Avenue, Muskegon, MI 49442
MLS# 26056361Listed by: INDEPENDENCE REALTY (RSC)