263 W Muskegon Avenue, Muskegon, MI 49440

About this property

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

MLS #

26019126

Status

Active

Property type

Multi Family

Sub type

2 to 4 Units

County

Muskegon

Township

Muskegon City

Year built

1937

Lot size

0.2 ac

Waterfront

No

Interior

Heating

Forced Air, Wall Furnace

Basement

Full

Exterior

Construction

Wood Siding

Roof

Composition, Rubber

Parking

Parking

Paved

Lot and water

Lot size

8,712 sq ft

Road surface

Paved

Zoning

B-1

Utilities

Sewer

Public Sewer

Water source

Public Water

Utilities

Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available

Taxes

Annual taxes

$5,200

Tax year

2025

Schools

School district

Muskegon

More

New construction

No

Directions

take Apple west then take a left onto W. Muskegon. Property 1 block on your left across from church.