1607 Elwood Street Muskegon City, MI $ 260,000
1607 Elwood Street
$ 260,000
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1607 Elwood Street

Muskegon City, MI, 49442
$ 260,000
Bedrooms7 Baths0.0 Sq 3,440

Monthly Estimate*

$ 1,642

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Multi-Family Home for sale in Muskegon City, MI for $260,000 with 7 bedrooms. This 3,440 square foot home was built in 1940 on a lot size of 0.11.

Turnkey, fully occupied 4-unit in an established Muskegon rental corridor -- professionally managed with strong, in-place cash flow. This solid quadplex offers 3,440 sq ft on a corner lot with a great unit mix: three 2-bedrooms and one 1-bedroom, generating $3,650 /mo. in total rent. A 3-year-old roof, brand-new high-efficiency furnace, and newer water heaters mean major systems are handled, keeping this a truly passive hold -- ideal for the portfolio builder or out-of-area investor. Functional layouts and abundant natural light keep the units easy to lease. Muskegon's rental market stays tight, with steady demand near schools, major employers, and the lakeshore. Complete rent roll and current leases are available in the docs section; additional financials available upon request. Fully leased, cash-flowing 4-units don't sit long -- schedule your private showing today!

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Multi-Family Pending

Price

$ 260,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 2,709

Style

MultiFamily

Lot Size

0.11

Year Built

1940

Town/City

Muskegon City

County/Region

MUSKEGON

MLS | Web ID

65026033270

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow
Construction Materials AluminumSiding
Year Built 1940
Property Subtype MultiFamily
Tax Year 2025
County Muskegon
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
City MuskegonCity_Muskegon
Senior Community Y/N N
High School District Muskegon
Zoning Description Residential
Number Of Units Total 4
MLS Area Area61102Muskegon
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2709.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Pending
Tax Assessed Value 147600
Legal Description CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Exterior
Parking Features Garage
Lot Features CornerLot
Water Source Public
Total Parking 6.0
Lot Size Area 4966.0
Number of Buildings 1
Spa N
Building Area Total 3440.0
Lot Dimensions 40x124
Lot Size Acres 0.11
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 1607
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* Excluded Features
List By
Tyler Johnson

Listing Agent

Clear Realty Group

Broker

(616) 799-2903

Phone

Affordability Calculator

$1,867
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,642
Monthly Property Taxes
$226
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3001864 Elementary School
3001862 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$260,000 -5.45% Price Down
7/1/2026$275,000 Listed Price

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1607 Elwood Street, Muskegon City, MI, 49442 is a Multi-Family Home for sale at $260,000 with 3,440 sqft and a lot size of 0.11. 1607 Elwood Street has 7 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 49442 which is in Muskegon City, MI