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Turnkey Duplex Investment Opportunity
For Sale
$275,000
Pending

344 Monroe Avenue, Muskegon, MI 49441

MULTI_FAMILY - Muskegon, MI

Lot Size0.22 Acres
Days on Market61

Property Features for 344 Monroe Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description FBC UR
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
Parking 8
Parking features Driveway
Basement Full
Elementary school district Muskegon
Middle school district Muskegon
High school district Muskegon
Standard status Pending
APN 24-205-369-0011-00
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF MUSKEGON REVISED PLAT OF 1903 E 1/2 LOT 10 BLK 369 & WLY 10 FT OF LOT 11 BLK 369 ALSO THAT PART OF LOT 11 BLK 369 DESCRIBED AS COM AT SW COR LOT 11 TH NELY ALG SLY LN OF LOT 11 10 FT FOR POB TH NWLY & PAR TO WLY LN OF LOT 11 83.34 FT TO A PT THAT IS 50 FT SLY OF NLY LN LOT 11 TH ELY & PAR TO NLY LN OF LOT 11 45.69 FT TH SLY 83.26 FT TO A PT ON SLY LN OF LOT 11 TH WLY 44.67 FT TO POB
Tax Annual Amount 2147
Legal Description CITY OF MUSKEGON REVISED PLAT OF 1903 E 1/2 LOT 10 BLK 369 & WLY 10 FT OF LOT 11 BLK 369 ALSO THAT PART OF LOT 11 BLK 369 DESCRIBED AS COM AT SW COR LOT 11 TH NELY ALG SLY LN OF LOT 11 10 FT FOR POB TH NWLY & PAR TO WLY LN OF LOT 11 83.34 FT TO A PT THAT IS 50 FT SLY OF NLY LN LOT 11 TH ELY & PAR TO NLY LN OF LOT 11 45.69 FT TH SLY 83.26 FT TO A PT ON SLY LN OF LOT 11 TH WLY 44.67 FT TO POB

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1900
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Keller Williams GR East · Keller Williams Realty
Listed By: Jason R Carpenter · License #6502430921
Added: Jun 2 Changed: Jul 25 Last Checked: Aug 1 at 1:06AM
MLS# 26026543

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This well-maintained duplex at 344 Monroe Avenue offers a straightforward income setup with two separate, spacious units. Each unit features two bedrooms and one bathroom, providing functional layouts and plenty of natural light. The property also includes an additional side lot, which can support more parking today or offer potential for a future building site as plans evolve.

Located near downtown Muskegon, the home is positioned for convenient everyday access. It’s close to schools, shopping, restaurants, parks, and Lake Michigan attractions, which can be a practical advantage for both renters and owner-occupants who want to stay connected to the area’s daily amenities.

The property is well suited to investors looking for a turnkey rental asset, with separate living spaces that support strong rental appeal. It also offers an appealing live-in option for buyers who want to occupy one unit while generating rental income from the other. With its established duplex configuration and added outdoor lot utility, this is a compelling choice for those seeking a residential income property in Muskegon.

Key Highlights

  • Duplex at 344 Monroe Avenue in Muskegon with two separate units
  • Each unit offers 2 bedrooms and 1 bathroom (total 4 bedrooms plus bathrooms in the home)
  • Additional side lot included, offering room for more parking or a future building site

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,445
Businesses Nearby

Demographics for 49441, MI

36,886
Population
16,491
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
1,700
Density / Sq Mi
$65,235
Median Household Income
$38,132
Median Earnings
$1,080
Median Rent
$194,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units and an additional side lot for expanded parking or future site potential.
Where is this duplex located?
The property is located at 344 Monroe Avenue Muskegon, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex at 344 Monroe Avenue in Muskegon with two separate units; Each unit offers 2 bedrooms and 1 bathroom (total 4 bedrooms plus bathrooms in the home); Additional side lot included, offering room for more parking or a future building site
More about this property
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