1223 Terrace Street Muskegon, MI 49442
MULTI_FAMILY - Muskegon, MI
- Added:
- May 21, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 13 at 3:06 am
Property Features for 1223 Terrace Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 5
- Parking
- 4
- Basement
- Full
- Standard status
- Active
- APN
- 24-205-243-0010-00
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 10 BLK 243
- Tax Annual Amount
- 1
Utilities
- Utilities
- Cable Available
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1899
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Kevin Cole License #6501392397 (616) 551-6129
Listing office Bellabay Realty LLC 1685 - 68th St. SE, MI (616) 871-9200
Listing date May 21, 2026
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Investment Insights
Based on property information with market context.
Located at 1223 Terrace Street in Muskegon, the property sits near downtown and is described as being in the historic McLaughlin District. The surrounding area is noted for ongoing neighborhood revitalization, which may be of interest to both investors and owner-occupants seeking a stable, residential setting with local momentum.
Unit mix includes Unit A as a large 1BR/1BA currently vacant for easy showings, Unit B as a 3BR/2BA, Unit C as a 2BR/1BA, and Unit D as a 1BR/1BA. Current rents are listed in the offering, and the property is positioned for an owner who values turnkey condition and the ability to manage multiple residential units within a single asset. Serious inquiries only; photos are available.
Key Highlights
- 4‑unit investment property at 1223 Terrace St (historic McLaughlin District), built in 1899
- Unit mix and rents: Unit A $1,000/mo (1BR/1BA, vacant); Unit B $1,200/mo (3BR/2BA); Unit C $900/mo (2BR/1BA); Unit D $850/mo (1BR/1BA)
- All units fully remodeled between 2021 and 2024