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Muskegon, MI Multifamily Properties for Sale

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Updated Triplex with Basement Storage
Updated: Aug 31
Updated Triplex with Basement Storage

111 E Grand Avenue, Muskegon, MI 49442

$249,900
0.25 AC lot
Three‑unit property with one three‑bedroom main‑floor apartment and two upper one‑bedroom apartments
Basement provides laundry and storage access for the main‑floor unit
Composition roof replaced 3 years ago
Exterior paint refreshed 4 years ago
Boiler replaced 5 years ago
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Duplex With Updated Kitchens
Updated: Aug 12
Duplex With Updated Kitchens

1849 Cherry Street, Muskegon, MI 49441

$449,900
0.17 AC lot
Two residential units, each with 2 bedrooms and an enclosed front porch
Left unit has 2 full bathrooms; right unit has 2 full bathrooms plus 1 half bath
Updated kitchens, in‑unit laundry, central air, private backyard areas, and dry basement access
Composition roof installed in 2019
Front driveway parking and a garage off the rear alley
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Updated Duplex with Detached Suite
Updated Duplex with Detached Suite

5690/5694 Olsen Avenue, Muskegon, MI 49442

$259,900
0.33 AC lot

Two distinct living spaces include an updated primary home and a renovated upstairs area above the detached garage.

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See what stands out in Muskegon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Duplex with Private Backyard
Duplex with Private Backyard

756 Washington Ave Unit A & B, Muskegon, MI 49441

$369,900
3,000 sqft

Two-unit property with parking, storage, and a partially finished basement.

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Updated Duplex with Separate Entrances
Updated Duplex with Separate Entrances

1486 Montgomery Avenue, Muskegon, MI 49441

$225,000
0.12 AC lot

Two residential units offer distinct access points along with recent mechanical and interior improvements.

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Two-Unit Duplex with Separate Utilities
Two-Unit Duplex with Separate Utilities

299 Mason Avenue, Muskegon, MI 49441

$149,900
0.08 AC lot

Distinct main- and upper-level apartments feature separate utilities and flexible month-to-month occupancy.

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Duplex with Private Backyard
Duplex with Private Backyard

756 Washington Avenue, Muskegon, MI 49441

$369,900
0.16 AC lot

Two-unit property with separate front and rear residences, on-site parking, and basement storage.

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Duplex with Screened Front Porch
Duplex with Screened Front Porch

1093 W Southern Ave, Muskegon, MI 49441

$204,900
1,600 sqft

Two-unit duplex with flexible bedroom layouts, private upper entrance, and full basement storage.

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Two-Unit Duplex with Central A/C
Two-Unit Duplex with Central A/C

1074 W Grand Avenue, Muskegon, MI 49441

$269,900
0.21 AC lot

City-approved two-unit duplex with a 1 bed/1 bath main level unit and a 2 bed/1 bath upper unit.

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Remodeled 4-Unit Residential Property
Remodeled 4-Unit Residential Property

1223 Terrace Street, Muskegon, MI 49442

$375,000
0.20 AC lot

Four-unit multifamily building with recent unit remodeling, a new roof in 2022, and a new boiler in 2023.

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Two-Unit Duplex with Private Entries
Two-Unit Duplex with Private Entries

233 Delaware Ave, Muskegon, MI 49442

$175,000
2,337 sqft

Duplex with two private entrances, detached garage, and four parking spaces in Muskegon’s McLaughlin neighborhood.

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Duplex with Screened Front Porch
Duplex with Screened Front Porch

1093 W Southern Avenue, Muskegon, MI 49441

$204,900
0.11 AC lot

Duplex offering a spacious main unit and private-entry upper unit, with screened and covered porches plus a full basement.

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Duplex With Attached Garage
Duplex With Attached Garage

1748 Lakeshore Drive, Muskegon, MI 49441

$315,000
0.17 AC lot

Two-unit property with a large attached garage, basement, forced-air heating, and access to the Muskegon bike path.

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Renovated Duplex
Renovated Duplex

1465 Barclay Street, Muskegon, MI 49441

$219,900
700 sqft

Two updated residential units include separate layouts, basement laundry, and dedicated electric and gas meters.

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Duplex with Retained Upper Tenant
Duplex with Retained Upper Tenant

2224 Denmark Street, Muskegon, MI 49441

$299,900
0.09 AC lot

Upper-level occupancy and a separate lower unit create a flexible residential income property configuration.

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Two-Unit Income Duplex
Two-Unit Income Duplex

2101 Peck Street, Muskegon, MI 49444

$99,900
2,160 sqft 0.14 AC lot

Duplex for sale in Muskegon with two separate units, multiple bathrooms, and ample parking.

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Turnkey Occupied Quadplex
Turnkey Occupied Quadplex

1607 Elwood St, Muskegon, MI 49442

$260,000
3,440 sqft

Turnkey, fully occupied four-unit property with a practical unit mix for steady income-oriented ownership.

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Updated Duplex with Separate Meters
Updated Duplex with Separate Meters

2541 Jefferson Street, Muskegon, MI 49444

$129,900
0.14 AC lot

Two residential units offer matching two-bedroom, one-bath layouts and refreshed interiors.

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Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

1164 Terrace St, Muskegon, MI 49442

$750,000

Fully furnished apartments feature updated finishes, modern systems, and short-term rental authorization.

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Updated Two-Unit Duplex with Basement
Updated Two-Unit Duplex with Basement

1094 Williams Street, Muskegon, MI 49442

$152,000
0.20 AC lot

Two-unit duplex on a corner lot with separate electric, gas, and water meters, plus a full basement with W/D hookups.

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Three-Unit Income Property Opportunity
Three-Unit Income Property Opportunity

66 E Isabella, Muskegon, MI 49442

$210,000
1,296 sqft

Rare income property featuring a house and a duplex.

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Duplex with Two Private Entrances
Duplex with Two Private Entrances

233 Delaware Avenue, Muskegon, MI 49442

$175,000
0.09 AC lot

Duplex with two 2-bedroom units, private entries, natural gas heat, and a detached garage.

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Duplex With Two Updated Units
Duplex With Two Updated Units

1514 6th Street, Muskegon, MI 49441

$199,900
600 sqft

Updated duplex offering a 3-bedroom, 1-bath main unit with basement space and an upstairs 1-bedroom, 1-bath unit.

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Two-Home Short-Term Rental Property
Two-Home Short-Term Rental Property

1675 Nelson Street, Muskegon, MI 49441

$600,000
0.12 AC lot

Two residences operate as active short-term rentals with a transferable STR Certificate near Pere Marquette beach.

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Muskegon, MI Multifamily Properties Market Trends and Statistics

Explore 46 multifamily properties for sale in Muskegon, MI, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 78,393 square feet of properties for sale, with an estimated market value of $11,550,400.

Sale prices for multifamily properties in Muskegon, MI start at $39,900, averaging $268,613, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 32
Short term rental properties 11
Triplexes 6
Quadplexes 5
Apartment buildings 3

Demographics Overview

Population 130K
Population Growth (5Y) +6.3%
Median Household Income $59,650
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Muskegon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49444 $109.9K
49442 $264.3K
49440 $275K
49441 $303.3K

Taxes & Financing

Tax Rate (average for all types) 4.60%
Property Tax per SF $90.35 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Muskegon County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Muskegon County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Muskegon fall within the 50,000 to 100,000 square foot range.

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