Renovated 5-Unit Apartment
New
For Sale
$750,000
1164 Terrace St, Muskegon, MI 49442
Fully furnished apartments feature updated finishes, modern systems, and short-term rental authorization.
Property SizeContact for details
Days on Market6
Property Features for 1164 Terrace St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Sprinkler System
Yes
Multifamily Units
5
Amenities
wrap around front porch
original hard wood floors
in-unit laundry
shared laundry
mini split systems
ring flood light cameras
Building Details
Year Built
1906
Buildings
1
Listing Agency:
Five Star Real Estate (Grandv)
(616) 257-1500
Listed By:
Cornerstone Real Estate
(734) 316-5886
Source:
Cornerstonemi
Added: Aug 28
Changed: Sep 2
Last Checked: Sep 1 at 6:45PM
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 Five Star Real Estate (Grandv)
Investment Insights
Based on property information with market context.
Built in 1906, this five-unit apartment property at 1164 Terrace St in Muskegon has undergone a comprehensive renovation. Improvements include new electrical, plumbing, insulation, HVAC, roof, windows, professionally restored siding, leveled floors, and a fire suppression system. The building retains original hardwood flooring and detailed stair components, while the units offer vinyl plank flooring, quartz countertops, tile backsplashes, stainless steel appliances, and furnished interiors.
Units 1 and 2 include private laundry, while Units 3, 4, and 5 share laundry facilities in the second-floor common area. Mini-split systems provide electric heating and cooling with room-by-room controls. Exterior features include landscaped grounds with in-ground sprinklers, new concrete, parking, and Ring floodlight cameras positioned around all four corners. The property also has a short-term rental certificate from the City and is furnished and stocked for short-term rental operation.
Units 1 and 2 include private laundry, while Units 3, 4, and 5 share laundry facilities in the second-floor common area. Mini-split systems provide electric heating and cooling with room-by-room controls. Exterior features include landscaped grounds with in-ground sprinklers, new concrete, parking, and Ring floodlight cameras positioned around all four corners. The property also has a short-term rental certificate from the City and is furnished and stocked for short-term rental operation.
Key Highlights
- Five‑unit apartment building built in 1906
- Short‑term rental certificate from the City
- New electrical, plumbing, insulation, and HVAC
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 49442, MI
45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully furnished apartments feature updated finishes, modern systems, and short-term rental authorization.
Where is this apartment building located?
The property is located at 1164 Terrace St Muskegon, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Five‑unit apartment building built in 1906; Short‑term rental certificate from the City; New electrical, plumbing, insulation, and HVAC
