Spacious Duplex with Screened
1093 W Southern Avenue Muskegon, MI 49441
1093 W Southern Avenue, Muskegon, MI, 49441
$230,000
For Sale
$230,000
MULTI_FAMILY - Muskegon, MI
Property Size1,600 SF
Lot Size0.11 Acres
Price / SF$143.75
Days on Market49
Property Features for 1093 W Southern Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bedroom 4
- Parking
- 4
- Basement
- Full
- Standard status
- Active
- APN
- 24-205-492-0007-00
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITY OF MUSKEGON REVISED PLAT OF 1903 BLK 492 E 3/4 OF LOT 7
- Tax Annual Amount
- 2449
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Gravity
Building Details
- Year built
- 1800
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency
Legacy Real Estate Partners
(616) 402-3595
423 W Norton Ave, Norton Shores, MI
Listed by
Terry Puffer · License #6501424238
(231) 855-5001
Added: Jun 3 Checked: Jul 21 at 4:06 am
MLS# 26026737
Listing URL
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 spacious duplex features approximately 1,600 finished square feet and a flexible layout designed for two separate living spaces. The main floor unit offers a large living room, dining area, kitchen, three bedrooms, one bath, and a screened front porch. The upper unit includes a private entrance, a kitchen, family room, two bedrooms, one full bath, and a covered porch.
The property is located in the City of Muskegon at 1093 W Southern Avenue, with convenience to downtown Muskegon, schools, parks, shopping, and Lake Michigan amenities.
For buyers, this configuration supports a variety of living and ownership options, whether you want to occupy one unit while renting the other or keep both units as income-producing residences. The full basement adds practical value with ample storage and utility space. If you’re seeking a duplex with distinct unit separation, porches on both levels, and additional basement area for day-to-day needs, this Muskegon property is worth a closer look.
The property is located in the City of Muskegon at 1093 W Southern Avenue, with convenience to downtown Muskegon, schools, parks, shopping, and Lake Michigan amenities.
For buyers, this configuration supports a variety of living and ownership options, whether you want to occupy one unit while renting the other or keep both units as income-producing residences. The full basement adds practical value with ample storage and utility space. If you’re seeking a duplex with distinct unit separation, porches on both levels, and additional basement area for day-to-day needs, this Muskegon property is worth a closer look.
Key Highlights
- Duplex with approx. 1,600 finished SF and a flexible layout across two units
- Main floor unit: 3 bedrooms, 1 bathroom with large living room, dining area, and kitchen plus a screened front porch
- Upper unit: 2 bedrooms, 1 bathroom with private entrance, kitchen, family room, and covered porch
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
NOI $15,524 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$197.9K
$173.2K – $230.9K
NOI $13,856 @ 7.0% cap · market cap 6.02%
Theoretical Best
Hotel Hospitality
$15.03M
$13.15M – $17.53M
NOI $1,051,796 @ 7.0% cap · market cap 457.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex with separate upper entry, multiple bedrooms, and porches, plus a full basement for storage.
Where is this duplex located?
The property is located at 1093 W Southern Avenue 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 approx. 1,600 finished SF and a flexible layout across two units; Main floor unit: 3 bedrooms, 1 bathroom with large living room, dining area, and kitchen plus a screened front porch; Upper unit: 2 bedrooms, 1 bathroom with private entrance, kitchen, family room, and covered porch
