263 W Muskegon Avenue, Muskegon, MI 49440
- $325,000
- List Price
- $325,000
- Days on Market
- 107
- MLS#
- 26019126
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect. Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one. With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.
Additional Information
- Owner Pays
- None
- Taxes
- $5,200
- Acres
- 0.20
- Basement
- Full
- Heating
- Forced Air, Wall Furnace
- Roofing
- Composition, Rubber
- School District
- Muskegon
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Total Parking Spaces
- 6
- Utilities
- Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Paul H DeBoer from Listing Office: Apex Realty Group.
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .