1093 W Southern Ave, Muskegon, MI 49441
Two-unit duplex with flexible bedroom layouts, private upper entrance, and full basement storage.
- Added:
- Jun 3, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 6 at 2:24 am
Property Features for 1093 W Southern Ave
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1800
Listing agent Terry Puffer License #6501424238 (231) 855-5001
Listing office Legacy Real Estate Partners (231) 855-5001
Listing date Jun 3, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Partners
HighLights
- Duplex with two units and approximately 1,600 finished SF
- Main floor unit: 3 bedrooms, 1 full bath, with large living room, dining area, kitchen, and screened front porch
- Upper unit: 2 bedrooms, 1 full bath, with private entrance and covered porch
- Second unit layout includes kitchen, family room, and additional porch areas
- Full basement offers storage and utility space
- BikeScore 46 and WalkScore 60
Overview
The property includes a full basement that can be used for storage and utilities. It is conveniently located near downtown Muskegon, as well as schools, parks, shopping, and Lake Michigan amenities.
Well-suited for an owner who wants flexibility, the configuration allows for living in one unit while renting the other, or purchasing as a residential income property. The separate upper access and multi-room unit design support day-to-day usability for tenants, while the full basement adds functional space for belongings and mechanicals.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.4k | $14.64 |
| − Vacancy | −$1.2k | −$0.78 |
| EGI | $22.2k | $13.86 |
| − OpEx | −$6.7k | −$4.16 |
| NOI | $15.5k | $9.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Muskegon
- County
- Muskegon
- State
- Michigan
- Longitude
- -86.2700348
- Latitude
- 43.2241886