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Three-Unit Residential Triplex
New
For Sale
$325,000

1596 Mcgraft Street, Muskegon, MI 49441

Multi Family, Muskegon, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market5

Property Features for 1596 Mcgraft Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 401 Residential
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 2, Basement, Bedroom 3
Parking 7
Basement Full
Lot features Sidewalk
Elementary school district Muskegon
Middle school district Muskegon
High school district Muskegon
Directions US 31 TO W SHERMAN TO LAKESHORE DR TO MC GRAFT
Standard status Active
APN 24-205-496-0017-00
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF MUSKEGON REVISED PLAT OF 1903 NWLY 86 FT LOTS 17 & 16 EX NELY 27.8 LOT 16 BLK 496
Tax Annual Amount 4335
Legal Description CITY OF MUSKEGON REVISED PLAT OF 1903 NWLY 86 FT LOTS 17 & 16 EX NELY 27.8 LOT 16 BLK 496

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1950
Number of units 3
Building materials Wood Siding
Roof type Wood
Listing Agency: Keller Williams Realty Rivertown
Listed By: Christa C Albertson
Added: Oct 2 Last Checked: Oct 6 at 3:06PM
MLS# 26052674

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 residential triplex contains three apartments: two with three bedrooms and one bathroom each, plus a one-bedroom unit. The property is fully occupied and sits on a 0.14-acre lot.

Muskegon Lake, nearby parks, and Lakeshore Drive are among the surrounding features. The unit mix includes both larger apartments and a smaller one-bedroom layout.

Key Highlights

  • Three‑unit property with two 3‑bedroom, 1‑bath apartments and one 1‑bedroom unit
  • Fully occupied
  • 0.14‑acre lot

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - The fully occupied property combines two larger apartments with a one-bedroom unit.
Where is this triplex located?
The property is located at 1596 Mcgraft Street 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‑unit property with two 3‑bedroom, 1‑bath apartments and one 1‑bedroom unit; Fully occupied; 0.14‑acre lot
More about this property
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