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    318 Houston Ave Muskegon, MI 49441

    New
    For Sale
    $875,000

    MULTI_FAMILY - Muskegon, MI

    Lot size:
    0.20 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 318 Houston Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Basement
    Bedrooms
    2
    APN
    24-205-349-0012-00
    Parking
    24
    Parking features
    Driveway
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Ductless (Heating), Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Number of units
    11
    Building materials
    Concrete, Wood Siding
    Roof type
    Rubber, Composition

    Medendorp Real Estate Group (231) 777-7355

    Listing agent David Medendorp (231) 206-3367

    Listing date Dec 10, 2025

    MLS# 25027006 Listing URL

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Queen Anne Victorian Mansion

    The Historic Hovey House mansion, a restored 1889 Queen Anne Victorian, is located one block from Muskegon Avenue, near the new Muskegon Convention Center, and a short walk to Muskegon Lake and downtown attractions. This Michigan Historic Site, built by Horatio Hovey, showcases the craftsmanship of Muskegon's lumber era with original pocket doors and intricate trim work. Zoned B-1, this property offers flexibility for single-family living, multi-family income, or a live/work setup. Currently configured with 11 rentable units, the property includes 10 professional office suites of varying sizes and 1 spacious residential apartment. The main floor features shared office and conference areas with three fireplaces and one handicap-accessible bathroom. The lower level includes a full kitchen, two half bathrooms, and a private rear entrance, ideal for subleasing or hosting events. The third level includes two half bathrooms, and the fourth floor features a two-bedroom apartment with in-unit laundry and one full bathroom. The property has a total of five half bathrooms and one full bathroom, along with 24 private parking spaces. The property is situated on a 0.2-acre lot. The Hovey House mansion presents an opportunity to own a piece of Muskegon's history while benefiting from a flexible, income-producing layout in the heart of a vibrant lakeshore community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.251672
    Latitude
    43.231494

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    FAQs

    What type of property is this?
    Mixed-use property - Restored 1889 Queen Anne Victorian near downtown Muskegon.
    Where is this mixed-use property located?
    The property is located at 318 Houston Ave Muskegon, MI.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates over $100,000 annually with 11 rentable units (10 office suites and 1 apartment).; - Flexible Zoning (B-1): Suitable for single-family, multi-family, or live/work arrangements.; - Prime Location: Situated one block from Muskegon Avenue, near the convention center, Muskegon Lake, and downtown.
    (231) 206-3367
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    318 Houston Ave Muskegon, MI 49441
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