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263 W Muskegon Avenue Muskegon, MI $ 325,000
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$ 325,000 Get more info
263 W Muskegon Avenue
$ 325,000
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263 W Muskegon Avenue

Muskegon, MI, 49440
$ 325,000
Baths0.0

Monthly Estimate*

$ 2,001

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Studio

Multi-Family Home for sale in Muskegon, MI

for $325,000. This home was built in 1937 on a lot size of 0.2.

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.

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Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,200

Style

2 to 4 Units

Lot Size

0.2

Year Built

1937

Town/City

Muskegon

County/Region

Muskegon

MLS | Web ID

26019126
Features
General
Sewer Public Sewer
Heating Forced Air Wall Furnace
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition Rubber
Construction Materials Wood Siding
Exclusions NA
Year Built 1937
Tenant Pays Electric Water Trash Sewer Gas
Township Muskegon City
Property Subtype 2 to 4 Units
Tax Year 2025
County Muskegon
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions take Apple west then take a left onto W. Muskegon. Property 1 block on your left across from church.
City Muskegon
High School District Muskegon
Zoning Description B-1
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional Contract
Land Lease Y/N N
Tax Annual Amount 5200.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 80649
Legal Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 4 BLK 351
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved
Total Parking 6.0
Lot Size Area 0.2
Number of Buildings 1
Spa N
Lot Dimensions 66x132
Lot Size Acres 0.2
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 263
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* Excluded Features
List By
Apex Realty Group

Broker

paul@soldbyapex.com

Email

Affordability Calculator

$2,434
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$433
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248771 Elementary School
250013 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2026$325,000 Listed Price

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263 W Muskegon Avenue, Muskegon, MI, 49440 is a Multi-Family Home for sale at $325,000 with a lot size of 0.2. 263 W Muskegon Avenue is a studio with 0.0 baths and was built in 1937. The property's zip code is 49440 which is in Muskegon, MI

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