Active

263 W Muskegon Avenue

Muskegon, Michigan 49440

$325,000 $1,370/Mo

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Overview

Bed

Bath

0.20

Acre(Lot)

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.

Property Details

Property Type : Multifamily

Price : $325,000

AD Id : 77845554

MLS Id : 65026019126

Beds : 5

Lot Size : 0.20 Acre

Year Built : 1937

Garage : Paved

County : Muskegon

Map

What's Nearby

Nearby Areas

Features

Interior Features

Cable Available Roof: Composition,Rubber
Heating & Cooling

Heating: Forced Air,Wall Furnace Heating Fuel: Natural Gas

Building Information

Year Built: 1937 Total Units: 3 Roof: Composition,Rubber
Utility Features

Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water

Public (Municipal)

Lot Information

Lot Size: 0.20 Lot Dimensions: 66x132 Frontage Feet: 66
Property Information

Financing: Cash,Contract,Conventional

Listing Price Information

Original List Price: $325,000
Listing Information

Possession: At Close Legal Description: CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 4 BLK 351

Tax Information

Annual Tax: $5,200 Parcel Number: 24205351000400
Possession

At Close
Legal Information

Legal Description: Section: CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 4 BLK 351

Unit 1 Information

# of Bedrooms: 1
Unit 2 Information

# of Bedrooms: 2

School Information

School District: Muskegon
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1144 1st Street , Muskegon, MI, 49440	$224,900	4	--	--

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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 06/23/2026 @ 17:18

MLS: 65026019126 LISTED BY: Paul H DeBoer , Apex Realty Group 616-277-1463 SOURCE: Realcomp II Ltd