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Two-Home Short-Term Rental Property
For Sale
$600,000
Pending

1675 Nelson St, Muskegon, MI 49441

Two conforming ADU homes operate as active short-term rentals directly across from Pere Marquette beach.

Property SizeContact for details
Days on Market46

Property Features for 1675 Nelson St

General Information

Standard status Pending
Property subtype Investment

Units

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

Taxes and HOA fees

Annual Taxes $4,977

Building Details

Year Built 1919
Buildings 2
Units 2
Listing Agency: Clyde Hendrick, INC
Listed By: Daniel Curtis Hendrick
Source: Elliman
Added: Jul 19 Changed: Aug 31 Last Checked: Sep 1 at 9:10PM

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 Clyde Hendrick, INC

Investment Insights

Based on property information with market context.

This short-term rental property consists of two homes situated on a single lot. Each residence provides two bedrooms, one bathroom, and 654sqft. Both units are currently operated as active short-term rentals, and the property includes a transferable STR Certificate. Muskegon City considers the arrangement a conforming ADU use.

Located at 1675 Nelson St in Muskegon, the property sits directly across the street from Pere Marquette beach. The improvements date to 1919. A broker-reconstructed statement indicates an 8.5% CAP Rate for the existing operation.

Key Highlights

  • Two homes on one lot, each with 2 bedrooms, 1 bathroom, and 654sqft
  • Active short‑term rental operation with transferable STR Certificate
  • Muskegon City considers the property a conforming ADU use

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Big Box & Wholesale Store Daycare Center Spa & Massage Center Law Firm

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

Location Intelligence

Trade Area within ½ mile

78
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

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?
Short term rental property - Two conforming ADU homes operate as active short-term rentals directly across from Pere Marquette beach.
Where is this short term rental property located?
The property is located at 1675 Nelson St Muskegon, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two homes on one lot, each with 2 bedrooms, 1 bathroom, and 654sqft; Active short‑term rental operation with transferable STR Certificate; Muskegon City considers the property a conforming ADU use
More about this property
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