Well-Maintained Duplex with Rehabbed
1916 Jiroch Street Muskegon, MI 49442
For Sale
$159,900
Duplex with two-bedroom/one-bath lower unit and freshly rehabbed one-bedroom/one-bath upper unit.
Property Size596 SF
Price / SF$268.29
Days on Market100
Property Features for 1916 Jiroch Street
General Information
- Standard status
- Active
- Size
- 596 SF
- Property subtype
- Multi Family / 2 to 4 Units
Building Details
- Year Built
- 1942
Listing Agency:
RE/MAX West
(231) 733-1236
Listed By:
Diana Carol Cain · License #6506048493
(231) 733-1236
Source:
Compass
Added: Apr 17
Changed: Jul 21
Last Checked: Jul 24 at 2:26PM
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 RE/MAX West
Investment Insights
Based on property information with market context.
This well-maintained duplex includes a lower unit with two bedrooms and one full bath, and an upper unit with one bedroom and one bath. The upper unit has been freshly rehabbed and is described as move-in ready for a new tenant or owner-occupant. Recent major updates include a new roof in 2025 and a new furnace in the lower unit in 2025.
The lower unit is currently occupied by a long-term tenant of 12+ years and is on a month-to-month lease, which provides flexibility for future plans. The property is being offered for sale at 1916 Jiroch Street in Muskegon, Michigan.
This configuration creates two distinct rental units within a single building, with the upper unit positioned for immediate occupancy following the recent rehabilitation.
The lower unit is currently occupied by a long-term tenant of 12+ years and is on a month-to-month lease, which provides flexibility for future plans. The property is being offered for sale at 1916 Jiroch Street in Muskegon, Michigan.
This configuration creates two distinct rental units within a single building, with the upper unit positioned for immediate occupancy following the recent rehabilitation.
Key Highlights
- Duplex with a 2‑bedroom, 1‑bath lower unit and a 1‑bedroom, 1‑bath upper unit
- Upper unit was freshly rehabbed and is move‑in ready for a new tenant or owner‑occupant
- New roof installed in 2025
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $8.7k | $14.64 |
| − Vacancy | −$464 | −$0.78 |
| EGI | $8.3k | $13.86 |
| − OpEx | −$2.5k | −$4.16 |
| NOI | $5.8k | $9.70 |
596 SF · lease $14.64/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$82.6K
$72.3K – $96.4K
NOI $5,783 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$73.7K
$64.5K – $86.0K
NOI $5,162 @ 7.0% cap · market cap 3.23%
Theoretical Best
Hotel Hospitality
$5.60M
$4.90M – $6.53M
NOI $391,794 @ 7.0% cap · market cap 245.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two-bedroom/one-bath lower unit and freshly rehabbed one-bedroom/one-bath upper unit.
Where is this duplex located?
The property is located at 1916 Jiroch Street Muskegon, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Duplex with a 2‑bedroom, 1‑bath lower unit and a 1‑bedroom, 1‑bath upper unit; Upper unit was freshly rehabbed and is move‑in ready for a new tenant or owner‑occupant; New roof installed in 2025
