Search
Renovated Side-by-Side Duplex
New
For Sale
$159,900

1306 Terrace St, Muskegon, MI 49442

Two residences have private entrances and separate electric and gas service, with water shared between them.

Property SizeContact for details
Days on Market2

Property Features for 1306 Terrace St

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,561

Building Details

Year Built 1930
Buildings 1
Units 2
Listing Agency: Legacy Real Estate Partners
Listed By: Joseph Clement
Source: Elliman
Added: Sep 26 Last Checked: Sep 26 at 3:07PM

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 Legacy Real Estate Partners

Investment Insights

Based on property information with market context.

This side-by-side duplex, built in 1930, contains two separate residences: one with two bedrooms and one bathroom, and the other with one bedroom and one bathroom. Each unit has a private entrance. Recent work includes replacement windows, water heaters, kitchen improvements, plumbing fixtures, select lighting, carpet, and fresh interior paint. The windows carry a transferable 35-year warranty, and the smoke and carbon monoxide detectors have a 10-year rating.

Electricity and gas are separately metered by unit, while water service is shared. The property occupies a corner, with addresses on Terrace Street and Catherine Avenue. Walk Score is 83 and Bike Score is 68.

Key Highlights

  • Two‑unit side‑by‑side duplex with 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath residences
  • Replacement windows include a transferable 35‑year warranty
  • Recent updates include kitchens, water heaters, plumbing fixtures, carpet, paint and select lighting

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Furniture & Home Goods Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Hair Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two residences have private entrances and separate electric and gas service, with water shared between them.
Where is this duplex located?
The property is located at 1306 Terrace St Muskegon, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two‑unit side‑by‑side duplex with 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath residences; Replacement windows include a transferable 35‑year warranty; Recent updates include kitchens, water heaters, plumbing fixtures, carpet, paint and select lighting
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message