Remodeled 4-Unit Residential Quadplex

1223 Terrace Street Muskegon, MI 49442

Claim this Listing
For Sale
$385,000

MULTI_FAMILY - Muskegon, MI

Lot size:
0.20 Acres
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

Listing office Bellabay Realty LLC 1685 - 68th St. SE, MI

Listing date May 21, 2026

MLS# 26024005 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 4-unit quadplex offers a straightforward residential income setup with four separate units. The property features recent improvements, including full remodeling of all units between 2021 and 2024. Additional capital work includes a new roof in 2022 and a new boiler in 2023, supporting long-term operability.

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith Parking Lot & Garage Grocery & Convenience Store Hair Salon Computer & Electronic Repair Catering Service

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

FAQs

What type of property is this?
Quadplex - Four well-maintained units with recent full interior remodeling, a new roof, and a new boiler.
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 $385,000.
What are key features of this property?
This property features: 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
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More about this property
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