Corner Lot Turnkey Quadplex

1607 Elwood Street Muskegon, MI 49442

Claim this Listing
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:
13
Last Refresh:
Jul 13 at 3:06 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

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.


Investment Insights

Based on property information with market context.

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.

Key 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Dental Office Hair Salon Law Firm Spa & Massage Center Kitchen & Bath Showroom Restaurant Gym & Fitness Center Skin Care Clinic Building Supply

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

FAQs

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
Contact an agent
More about this property
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