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    Duplex with Screened Front Porch Title is generated by Realmo AI

    1093 W Southern Ave, Muskegon, MI 49441

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    For Sale
    $230,000

    Two-unit duplex with flexible bedroom layouts, private upper entrance, and full basement storage.

    Type:Investment
    Property size:
    1,600 SF
    Price / SF:
    $143/SF
    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

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    Listing Contact
    Terry Puffer
    Terry Puffer

    Listing agent Terry Puffer License #6501424238

    Listing office Legacy Real Estate Partners

    Listing date Jun 3, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    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

    This duplex offers an approximately 1,600 finished-square-foot layout with two separate residences. The main floor unit features three bedrooms and one bathroom, along with a large living room, dining area, kitchen, and an inviting screened front porch. The upper unit includes two bedrooms and one bathroom, with a private entrance plus a kitchen, family room, and porches, including a covered porch area.

    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
    1,600 SF · lease $14.64/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $221.8K
    $194.1K – $258.7K (±1% cap)
    NOI $15,524 @ 7.0% cap · market cap 6.75%
    Second Best
    Apartment 5plus
    $197.9K
    $173.2K – $230.9K (±1% cap)
    NOI $13,856 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Hotel Hospitality
    $15.03M
    $13.15M – $17.53M (±1% cap)
    NOI $1,051,796 @ 7.0% cap · market cap 457.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2700348
    Latitude
    43.2241886

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with flexible bedroom layouts, private upper entrance, and full basement storage.
    Where is this duplex located?
    The property is located at 1093 W Southern Ave Muskegon, MI.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: 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
    More about this property
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