Four-Unit Quadplex with Updated
For Sale
$260,000
Pending
1607 Elwood Street, Muskegon, MI 49442
Multi Family, Muskegon, MI
Property Size3,440 SF
Lot Size0.11 Acres
Days on Market59
Property Features for 1607 Elwood Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RES
Bedrooms
7
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 5, Bedroom 6, Bathroom 3, Basement, Bathroom 4, Bathroom 5, Bedroom 4
Parking
6
Basement
Full
Lot features
Corner Lot
Elementary school district
Muskegon
Middle school district
Muskegon
High school district
Muskegon
Standard status
Pending
APN
24-185-101-0020-00
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
Tax Annual Amount
2709
Legal Description
CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1940
Number of units
4
Building materials
Aluminum Siding
Listing Agency:
Clear Realty Group
(616) 799-2903
Listed By:
Tyler Johnson
(616) 799-2903
Added: Jul 1
Changed: Aug 27
Last Checked: Aug 28 at 8:06AM
MLS# 26033270
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Investment Insights
Based on property information with market context.
This four-unit residential income property was built in 1940 and sits on a 0.11-acre corner lot in Muskegon. The building features aluminum siding, forced-air heating, and a unit mix of three two-bedroom residences plus one one-bedroom residence. All units are occupied, and professional management is in place.
Recent system work includes a roof that is 3 years old, a brand-new high-efficiency furnace, and newer water heaters. The property also includes a basement and cable availability. Its Muskegon setting is described as part of an established rental corridor near schools, major employers, and the lakeshore. Current leases and a complete rent roll are available in the property documents, with additional financial information available upon request.
Recent system work includes a roof that is 3 years old, a brand-new high-efficiency furnace, and newer water heaters. The property also includes a basement and cable availability. Its Muskegon setting is described as part of an established rental corridor near schools, major employers, and the lakeshore. Current leases and a complete rent roll are available in the property documents, with additional financial information available upon request.
Key Highlights
- Four‑unit property with three 2‑bedroom units and one 1‑bedroom unit
- Fully occupied and professionally managed
- 0.11‑acre corner lot in Muskegon, MI
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
Demographics for 49442, MI
45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied configuration includes three two-bedroom units and one one-bedroom unit under professional management.
Where is this quadplex located?
The property is located at 1607 Elwood Street Muskegon, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Four‑unit property with three 2‑bedroom units and one 1‑bedroom unit; Fully occupied and professionally managed; 0.11‑acre corner lot in Muskegon, MI
