Apartment Building

Muskegon, MI Apartment Buildings for Sale

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Muskegon Heights, MI Norton Shores, MI North Muskegon, MI Fruitport, MI Twin Lake, MI Whitehall, MI Spring Lake, MI Ravenna, MI
Apartment Building with Basement
Updated: Sep 14
Apartment Building with Basement

730 Washington Avenue, Muskegon, MI 49441

$750,000
0.40 AC lot
12 bedrooms and 12 bathrooms
0.4‑acre apartment property built in 1945
Basement included
Paved or surfaced parking with driveway
Public sewer and well water source
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Renovated 5-Unit Apartment Building
Updated: Aug 28
Renovated 5-Unit Apartment Building

1164 Terrace St, Muskegon, MI 49442

$700,000
Five‑unit apartment building built in 1906
Short‑term rental certificate from the City
New electrical, plumbing, insulation, and HVAC
New roof, windows, concrete, and professionally restored siding
Units 1 and 2 have in‑unit laundry; Units 3, 4, and 5 share second‑level laundry
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See hot listings in Muskegon

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Muskegon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Property Multifamily Portfolio
Three-Property Multifamily Portfolio

700 Fulton Street, Grand Haven, MI 49417

Contact for pricing
11,437 sqft

Multifamily portfolio combining residential units with commercial space across three properties near downtown.

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Updated 5-Unit Apartment Building
Updated 5-Unit Apartment Building

308 FRANKLIN STREET, Grand Haven, MI 49417

$895,000

Income-producing multifamily property with renovated interiors, dedicated parking, and extensive capital improvements.

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Updated Parkside Condominium with Garage
Updated Parkside Condominium with Garage

2843 Parkside #14, Jenison, MI 49428

$283,000

Updated 3-bedroom condo with garage, immediate occupancy available.

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Turnkey Condo in Jenison
Turnkey Condo in Jenison

7373 Pine Grove, Jenison, MI 49428

$245,000

2 bed, 1.5 bath condo with garage and storage.

View details

Muskegon, MI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Muskegon, MI on our real estate platform.

Sale prices for apartment complexes in Muskegon, MI start at $700,000, averaging $725,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 130K
Population Growth (5Y) +6.3%
Median Household Income $59,650
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Muskegon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49441 $750K
49442 $750K

Taxes & Financing

Tax Rate (average for all types) 4.60%
Property Tax per SF $90.35 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Muskegon County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Muskegon County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Muskegon fall within the 50,000 to 100,000 square foot range.

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