1607 Elwood Street
Muskegon, Michigan 49442
7
Bed
0
Bath
0.11Acre(Lot)
Turnkey, fully occupied 4-unit in an established Muskegon rental corridor -- professionally managed with strong, in-place cash flow. This solid quadplex offers 3,440 sq ft on a corner lot with a great unit mix: three 2-bedrooms and one 1-bedroom, generating $3,650 /mo. in total rent. A 3-year-old roof, brand-new high-efficiency furnace, and newer water heaters mean major systems are handled, keeping this a truly passive hold -- ideal for the portfolio builder or out-of-area investor. Functional layouts and abundant natural light keep the units easy to lease. Muskegon's rental market stays tight, with steady demand near schools, major employers, and the lakeshore. Complete rent roll and current leases are available in the docs section; additional financials available upon request. Fully lea
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Cable Available -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1940 Total Units: 4 -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.11 Lot Dimensions: 40x124 Frontage Feet: 40 -
Property Information
Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $375,000 -
Listing Information
Possession: At Close Legal Description: CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
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Tax Information
Annual Tax: $2,709 Parcel Number: 24185101002000Possession
At CloseLegal Information
Legal Description: Section: CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
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Unit 1 Information
# of Bedrooms: 1 -
Unit 2 Information
# of Bedrooms: 3
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School Information
School District: Muskegon -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 855 Turner Avenue , Muskegon, MI, 49442 | $175,000 | 4 | -- | -- | |
| 1776 Mcilwrath Street , Muskegon, MI, 49442 | $104,900 | 3 | -- | -- | |
| 1094 Williams Street , Muskegon, MI, 49442 | $152,000 | 3 | -- | -- | |
| 233 Delaware Avenue , Muskegon, MI, 49442 | $175,000 | 4 | -- | -- | |
| 1916 Jiroch Street , Muskegon, MI, 49442 | $159,900 | 3 | -- | -- | |
| 1223 Terrace Street , Muskegon, MI, 49442 | $400,000 | 7 | -- | -- | |
| 66 E Isabella Avenue , Muskegon, MI, 49442 | $235,000 | 7 | -- | -- |
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Nearby For Sale
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 07/02/2026 @ 09:55
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