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Turnkey Triplex Income Property

263 W Muskegon Ave Muskegon, MI 49440

263 W Muskegon Ave, Muskegon, MI, 49440
$325,000
For Sale
$325,000

Triplex with completed major capital improvements, including fully renovated Unit 1 and rebuilt Unit 3.

Days on Market75

Property Features for 263 W Muskegon Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1937
Listing agency
Listed by Paul H DeBoer
Source Elliman
Added: May 9 Updated: Jul 20 at 9:25PM Checked: Jul 21 at 6:38AM

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 Paul H DeBoer


Investment Insights

Based on property information with market context.

This triplex has had major capital improvements completed, with new water heaters and new furnaces. Unit 1 has been fully renovated, and Unit 3 was rebuilt from the studs up. The property is currently stabilized with long-term tenants plus one booked midterm rental, creating an income stream designed for immediate occupancy.

Located at 263 W Muskegon Ave in Muskegon, it scores 64 for bikeability and 50 for walkability, indicating a car-dependent location.

With the work already done, the building is positioned for an owner to step in and begin collecting rent immediately.

Key Highlights

  • Triplex built in 1937 with major capital improvements already completed
  • Unit 1 fully renovated
  • Unit 3 rebuilt from the studs up

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Hair Salon Nail Salon Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store Furniture & Home Goods Veterinary Clinic

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

FAQs

What type of property is this?
Triplex - Triplex with completed major capital improvements, including fully renovated Unit 1 and rebuilt Unit 3.
Where is this triplex located?
The property is located at 263 W Muskegon Ave Muskegon, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Triplex built in 1937 with major capital improvements already completed; Unit 1 fully renovated; Unit 3 rebuilt from the studs up
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