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    North Muskegon, MI Muskegon Heights, MI Norton Shores, MI Roosevelt Park, MI Lake, MI Fruitport, MI Twin Lake, MI Whitehall, MI
    Renovated 5-Unit Apartment Building
    Updated: Aug 28
    Renovated 5-Unit Apartment Building

    1164 Terrace St, Muskegon, MI 49442

    $750,000
    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 what stands out in Muskegon County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    View details
    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.

    View details
    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.

    View details
    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 1 apartment buildings for sale in Muskegon, MI on our real estate platform.

    Sale prices for two-family homes in Muskegon, MI average $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
    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

    Retail

    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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