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Three-Unit Multifamily Property
New
For Sale
$325,000

1596 Mcgraft St, Muskegon, MI 49441

The building contains two three-bedroom apartments and one one-bedroom apartment, with all three units occupied.

Property SizeContact for details
Days on Market3

Property Features for 1596 Mcgraft St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA, 1 x 1BR
Multifamily Units 3

Building Details

Year Built 1950
Listing Agency: Coldwell Banker Morehart Realty
Listed By: Rogers Neighborhood Realty
Source: Rogersneighborhoodrealty
Added: Oct 4 Last Checked: Oct 5 at 6:38PM

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 Coldwell Banker Morehart Realty

Investment Insights

Based on property information with market context.

This triplex contains three occupied apartments: two with three bedrooms and one bathroom each, plus a one-bedroom unit. The property information gives 1950 as the year built, though the seller could not verify the building’s age.

The property is near Muskegon Lake, Lakeshore Drive, and parks. The remarks also identify water views.

Key Highlights

  • Three units, all occupied
  • Two apartments with 3 bedrooms and 1 bathroom each
  • One 1‑bedroom apartment

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon HVAC Service Electrical Service

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby

Demographics for 49441, MI

36,886
Population
16,491
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
1,700
Density / Sq Mi
$65,235
Median Household Income
$38,132
Median Earnings
$1,080
Median Rent
$194,000
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
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Frequently Asked Questions

What type of property is this?
Triplex - The building contains two three-bedroom apartments and one one-bedroom apartment, with all three units occupied.
Where is this triplex located?
The property is located at 1596 Mcgraft St Muskegon, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three units, all occupied; Two apartments with 3 bedrooms and 1 bathroom each; One 1‑bedroom apartment
More about this property
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