1223 Terrace Street, Muskegon, MI 49442

Listing agent Kevin Cole License #6501392397

Listing office Bella Bay Realty k***@contactbdc.com Show Phone

Listing date May 27, 2026

Source Crexi

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 Bella Bay Realty

Report an issue

---

Overview

This four-unit residential income property offers a mix of unit types across two-bedroom to three-bedroom layouts, with current rental amounts ranging from $850 to $1,200. Unit A is a large 1BR/1BA and is currently vacant, making it convenient for easy showings. Unit B is a 3BR/2BA, Unit C is a 2BR/1BA, and Unit D is a 1BR/1BA. Between 2021 and 2024, all units were fully remodeled, with a new roof installed in 2022 and a new boiler added in 2023.

The property is located at 1223 Terrace Street in Muskegon, near downtown, and the immediate area has been seeing renovation. The combination of updated interiors and relatively recent building systems supports a turn-key presentation for tenants.

For investors and owner-occupiers, the attraction here is straightforward: four separately tenanted units with completed remodel work and updated roof and boiler. With Unit A available now, qualified buyers and serious renters can evaluate the property in person without waiting for a current lease to expire. The seller notes long-term, on-time tenants and is seeking serious inquiries only.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Muskegon

County

Muskegon

State

Michigan

Longitude

-86.2411339

Latitude

43.2300501

Nearby Similar for Sale

• 

  $1,295,000

  11,603 SF

  Two-Story Professional Office Building

  Two-story medical-oriented office building with recent HVAC improvements and flexible conversion potential for professional users.

  3587 Henry Street, Muskegon, MI 49441

  View Details
• 

  $749,000

  10,960 SF

  Nearly New Industrial Warehouse

  A 2020-built warehouse with HVAC and power, undergoing renovation to expand usable floor space for light industrial use.

  3129 E Laketon Avenue, Muskegon, MI 49442

  View Details
• 

  $599,900

  5,280 SF

  High-Visibility Two-Suite Office Building

  Move-in-ready office building with two suites and the ability to combine for a single-tenant professional or medical setup.

  3044 Glade Street, Muskegon, MI 49444

  View Details
• 

  $1,200,000

  6,522 SF

  Muskegon Downtown Investment Opportunity

  Prime location near Muskegon Lake, suitable for restaurant/bar.

  1208 8th Street, Muskegon, MI 49440

  View Details
• 

  $469,000

  3,488 SF

  C-2 Zoned Retail Storefront

  Storefront property currently used as a salon, zoned C-2 and suited for a range of commercial services.

  4441 Grand Haven Road, Muskegon, MI 49441

  View Details
• 

  $199,900

  2,800 SF

  Muskegon Commercial Property on 1.14 Acres

  1.14 acres in Fruitport Township, ready for your business.

  2115 E Sternberg Road, Muskegon, MI 49444

  View Details
• 

  $1,299,000

  14,985 SF

  Historic Landmark Building in Downtown Muskegon

  Restored Victorian building ideal for investment or owner-user opportunity.

  356 W Western Avenue, Muskegon, MI 49440

  View Details
• 

  $174,900

  1,223 SF

  Single-Tenant Office Investment Opportunity

  Well-maintained office property with stable tenant in prime location.

  992 Witham Road, Muskegon, MI 49445

  View Details
• 

  $499,900

  5,800 SF

  Heated Shop Warehouse with Offices

  Recently updated heated warehouse with office space, 14' ceilings, 10' overhead door, and fenced outdoor storage area.

  3015 S Brooks Road, Muskegon, MI 49444

  View Details
• 

  $399,000

  1,166 SF

  Street-Level Office and Retail Space

  Street-level unit with multiple private offices, reception area, kitchenette, and dedicated basement storage.

  296 W Clay Avenue, Muskegon, MI 49440

  View Details
• 

  $165,000

  5,120 SF

  Versatile Commercial Building on Apple Avenue

  Adaptable commercial building suitable for various business uses.

  3639 E Apple Avenue, Muskegon, MI 49442

  View Details
• 

  $399,000

  10,980 SF

  Pre-Engineered Steel Building Awaiting Completion

  10,980 SF building on 1.43 acres ready for customization.

  3009 E Laketon Avenue, Muskegon, MI 49442

  View Details

FAQs

What type of property is this?

Quadplex - Four renovated units with recent roof and boiler updates, including a vacant 1BR for straightforward showings.

Where is this quadplex located?

The property is located at 1223 Terrace Street Muskegon, MI.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: 4‑unit investment property at 1223 Terrace St, Muskegon, near downtown; All units fully remodeled between 2021 and 2024; Vacant Unit A: $1,000/month large 1BR/1BA, available for easy showings