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    Muskegon, MI
    Quadplex

    Muskegon, MI Quadplexes for Sale

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    North Muskegon, MI Muskegon Heights, MI Roosevelt Park, MI Norton Shores, MI Lake, MI Fruitport, MI Twin Lake, MI Whitehall, MI
    Remodeled 4-Unit Residential Property
    Updated: May 21
    Remodeled 4-Unit Residential Property

    1223 Terrace Street, Muskegon, MI 49442

    $375,000
    0.20 AC lot
    Large 4‑unit investment property at 1223 Terrace St in Muskegon’s historic McLaughlin District
    Current rents: Unit A $1,000/mo (large 1BR/1BA, vacant), Unit B $1,200/mo (3BR/2BA), Unit C $900/mo (2BR/1BA), Unit D $850/mo (1BR/1BA)
    Full remodeling of all units completed between 2021 and 2024
    New roof installed in 2022 and new boiler added in 2023
    Construction features include wood siding; composition roof; hot water heating
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    Turnkey Quadplex for Sale
    Updated: Jul 1
    Turnkey Quadplex for Sale

    1607 Elwood Street, Muskegon, MI 49442

    $260,000
    0.11 AC lot
    Fully occupied 4‑unit quadplex with a unit mix of three 2‑bedroom units and one 1‑bedroom unit
    Total rent of $3,650/mo for all units
    3,440 sq ft home on a corner lot
    3‑year‑old roof; brand‑new high‑efficiency furnace; newer water heaters
    Forced‑air heating; aluminum siding
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    1223 Terrace Street, Muskegon, MI 49442

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    4,000 sqft

    Four renovated units with recent roof and boiler updates, including a vacant 1BR for straightforward showings.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Muskegon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Coopersville Multifamily Investment Opportunity
    Coopersville Multifamily Investment Opportunity

    126 Eastmanville Street, Coopersville, MI 49404

    $649,000
    0.31 AC lot

    Four-unit multifamily property in Coopersville, generating $6,725 monthly.

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    Four-Unit Multifamily Investment Property
    Four-Unit Multifamily Investment Property

    126 Eastmanville St, Coopersville, MI 49404

    $649,000

    Fully occupied four-unit property generating $6,725 monthly income.

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    Four-Unit Townhome-Style Quadplex
    Four-Unit Townhome-Style Quadplex

    1133 COUNTRY LANE, Holland, MI 49423

    $349,900

    Fully occupied property with two recently remodeled units and central air throughout.

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    Four-Unit Townhome-Style Quadplex
    Four-Unit Townhome-Style Quadplex

    1133 COUNTRY LANE, Holland, MI 49423

    $349,900

    Fully occupied residential income property with two remodeled units and individually equipped living spaces.

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    Muskegon, MI Quadplexes Market Trends and Statistics

    Explore 4 quadplexes for sale in Muskegon, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,440 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for four-unit buildings in Muskegon, MI start at $260,000, averaging $298,333, and reaching up to $375,000 — 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 27
    Short term rental properties 6
    Quadplexes 5
    Triplexes 5
    Apartment buildings 1

    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
    49442 $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

    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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