1607 Elwood Street, Muskegon, MI 49442
1607 Elwood Street, Muskegon, MI 49442
1607 Elwood Street, Muskegon, MI 49442
1607 Elwood Street, Muskegon, MI 49442
1607 Elwood Street, Muskegon, MI 49442
1607 Elwood Street, Muskegon, MI 49442
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$ 275,000
Est. payment | /mo

4,966 Sqft Lot


Save
$ 275,000
Est. payment | /mo
Save

4,966 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Muskegon City

MLS Listing ID 26033270

Year Built 1940

Annual Tax Amount $2,709

Tax Year 2025

Lot Size 4,966 Sqft

Acres 0.11

Lot Dimensions 40x124

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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 leased, cash-flowing 4-units don't sit long -- schedule your private showing today!

Location

State MI

County Muskegon

Rooms

Basement Full

Interior

Heating Forced Air

Exterior

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Total Parking Spaces 6

Building

Lot Description Corner Lot

Structure Type Aluminum Siding

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-185-101-0020-00

Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional

Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional

Listed by Clear Realty Group

Nearby Locations

Bailey Walsh

I'd love to help you on your search to finding the perfect home! No matter where you're at in the process - don't hesitate to reach out! 

+1(734) 417-2998

baileywalsh@epique.me

2455 W Stadium Blvd, Ann Arbor, MI, 48103, USA

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1607 Elwood Street