Corner Lot Turnkey Quadplex

1607 Elwood Street, Muskegon, MI 49442

View on Map

New

For Sale

$275,000

MULTI_FAMILY - Muskegon, MI

Property size:

3,440 SF

Lot size:

0.11 Acres

Price / SF:

$79/SF

HighLights

Fully occupied 4‑unit quadplex with 3,440 sq ft on a corner lot
Unit mix: three 2‑bedroom units and one 1‑bedroom unit
Total rent of $3,650/mo for the 4 units
3‑year‑old roof, newer water heaters, and brand‑new high‑efficiency forced‑air furnace
Professional management with complete rent roll and current leases available in the docs section
Construction: aluminum siding; utilities include cable available

We can help!

Contact an agent

Tyler Johnson

For Sale

$275,000

MULTI_FAMILY - Muskegon, MI

Property size:

3,440 SF

Lot size:

0.11 Acres

Price / SF:

$79/SF

Added:: Jul 1, 2026
Days on Market:: 7
Last Refresh:: Jul 7 at 12:06 am

Property Features for 1607 Elwood Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Rooms: Basement, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 6, Bathroom 2, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 2, Bathroom 3
Parking: 6
Basement: Full
Standard status: Active
APN: 24-185-101-0020-00
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
Tax Annual Amount: 2709

Utilities

Utilities: Cable Available
Heating system: Forced Air

Building Details

Year built: 1940
Number of units: 4
Building materials: Aluminum Siding

We can help!

Contact an agent

Tyler Johnson

Listing agent Tyler Johnson

Listing office Clear Realty Group PO Box 140513, Grand Rapids, MI

Listing date Jul 1, 2026

MLS# 26033270 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.

HighLights

Fully occupied 4‑unit quadplex with 3,440 sq ft on a corner lot
Unit mix: three 2‑bedroom units and one 1‑bedroom unit
Total rent of $3,650/mo for the 4 units
3‑year‑old roof, newer water heaters, and brand‑new high‑efficiency forced‑air furnace
Professional management with complete rent roll and current leases available in the docs section
Construction: aluminum siding; utilities include cable available

Overview

This turnkey quadplex is fully occupied and set up for efficient, hands-on-light operation. The property contains four units with a practical mix of three 2-bedroom apartments and one 1-bedroom unit. Total building size is reported as 3,440 square feet, and the current total rent is reported as $3,650 per month. Professional management is in place, and complete rent roll and current leases are available in the documentation package.

The building sits on a corner lot in an established Muskegon rental corridor. The entry describes abundant natural light and functional unit layouts, both of which support day-to-day leasing and tenant turnover management. The roof is described as approximately three years old, with a brand-new high-efficiency furnace and newer water heaters, indicating that several major building systems have been addressed recently.

For investors or portfolio builders seeking an occupied asset with in-place operations, this property offers a straightforward configuration and a defined tenant mix. The listing notes the quadplex is fully leased and managed, and that additional financial materials may be provided upon request. Schedule a private showing to review the current leases and rent roll in the documents.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Muskegon
County: Muskegon
State: Michigan
Longitude: -86.228455
Latitude: 43.223068

Nearby Similar for Sale

$1,295,000

11,603 SF

Two-Story Professional Office Building

Two-story medical-oriented office building with recent HVAC improvements and flexible conversion potential for professional users.

3587 Henry Street, Muskegon, MI 49441

View Details
$749,000

10,960 SF

Nearly New Industrial Warehouse

A 2020-built warehouse with HVAC and power, undergoing renovation to expand usable floor space for light industrial use.

3129 E Laketon Avenue, Muskegon, MI 49442

View Details
$599,900

5,280 SF

High-Visibility Two-Suite Office Building

Move-in-ready office building with two suites and the ability to combine for a single-tenant professional or medical setup.

3044 Glade Street, Muskegon, MI 49444

View Details
$1,200,000

6,522 SF

Muskegon Downtown Investment Opportunity

Prime location near Muskegon Lake, suitable for restaurant/bar.

1208 8th Street, Muskegon, MI 49440

View Details
$249,900

4,680 SF

Commercial Building with Attached Warehouse

Finished retail and office space connects to an attached warehouse, with ample parking on expandable acreage.

4319 E Apple Avenue, Muskegon, MI 49442

View Details
$469,000

3,488 SF

C-2 Zoned Retail Storefront

Storefront property currently used as a salon, zoned C-2 and suited for a range of commercial services.

4441 Grand Haven Road, Muskegon, MI 49441

View Details
$199,900

2,800 SF

Muskegon Commercial Property on 1.14 Acres

1.14 acres in Fruitport Township, ready for your business.

2115 E Sternberg Road, Muskegon, MI 49444

View Details
$275,000

4,800 SF

Craftsman-Style Office Building

Historic Craftsman office building with multiple office spaces, reception area, and kitchen areas suited for a range of professional uses.

1181 Ransom Street, Muskegon, MI 49442

View Details
$1,299,000

14,985 SF

Historic Retail and Event Building

Restored 1891 landmark with leased retail space and a second-floor ballroom for events and meetings.

356 W Western Avenue, Muskegon, MI 49440

View Details
$174,900

1,223 SF

Single-Tenant Office Investment Opportunity

Well-maintained office property with stable tenant in prime location.

992 Witham Road, Muskegon, MI 49445

View Details
$499,900

5,800 SF

Heated Shop Warehouse with Offices

Recently updated heated warehouse with office space, 14' ceilings, 10' overhead door, and fenced outdoor storage area.

3015 S Brooks Road, Muskegon, MI 49444

View Details
$399,000

1,166 SF

Street-Level Office and Retail Space

Street-level unit with multiple private offices, reception area, kitchenette, and dedicated basement storage.

296 W Clay Avenue, Muskegon, MI 49440

View Details

For sale
Quadplexes
MI
Muskegon
49442
1607 Elwood Street

What type of property is this?

Quadplex - Fully occupied 4-unit with professionally managed operations and recent system updates on a corner lot.

Where is this quadplex located?

The property is located at 1607 Elwood Street Muskegon, MI.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Fully occupied 4‑unit quadplex with 3,440 sq ft on a corner lot; Unit mix: three 2‑bedroom units and one 1‑bedroom unit; Total rent of $3,650/mo for the 4 units

1607 Elwood Street, Muskegon, MI 49442

MULTI_FAMILY - Muskegon, MI

Property Features for 1607 Elwood Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two-Story Professional Office Building

Nearly New Industrial Warehouse

High-Visibility Two-Suite Office Building

Muskegon Downtown Investment Opportunity

Commercial Building with Attached Warehouse

C-2 Zoned Retail Storefront

Muskegon Commercial Property on 1.14 Acres

Craftsman-Style Office Building

Historic Retail and Event Building

Single-Tenant Office Investment Opportunity

Heated Shop Warehouse with Offices

Street-Level Office and Retail Space

FAQs