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Certified Duplex with Leased Units
New
For Sale
$185,000

1902 Jefferson Street, Muskegon, MI 49441

Two matching residences offer existing lease arrangements and a documented city rental certification through 2028.

Property SizeContact for details
Days on Market2

Property Features for 1902 Jefferson Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home

Units

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

Additional Details

Gross Income $24,000

Taxes and HOA fees

Annual Taxes $4,280

Building Details

Year Built 1922
Buildings 1
Units 2
Listing Agency: Apex Realty Group
Listed By: Will M Gelderloos
Source: Eliterealtymi
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 3:39AM

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 Apex Realty Group

Investment Insights

Based on property information with market context.

Built in 1922, this duplex contains two residential units, each configured with two bedrooms and one bathroom. Existing leases are in place for both residences, allowing a new owner to acquire an established rental property rather than a vacant asset.

The property carries city rental certification through 2028, providing a current compliance term for the building’s residential use. Located at 1902 Jefferson Street in Muskegon, Michigan, the asset combines a straightforward two-unit layout with existing tenancy and documented rental certification.

Key Highlights

  • Two‑unit duplex with existing leases in place
  • Each unit includes 2 bed and 1 bath
  • City rental certification in place through 2028

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Hair Salon 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

1,055
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?
Duplex - Two matching residences offer existing lease arrangements and a documented city rental certification through 2028.
Where is this duplex located?
The property is located at 1902 Jefferson Street Muskegon, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with existing leases in place; Each unit includes 2 bed and 1 bath; City rental certification in place through 2028
More about this property
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