$750,000
Muskegon, MI 49442
MLS# 26045247
1 / 111
Property Description
This beautiful historic flagship home has been renovated from the studs in to create a wonderful 5 unit investment property that is turn key and ready to produce income! This property has a short term rental certificate from the City. No expense was spared in turning this property into what it is today. From the moment you pull up charm and historical beauty abound. The exterior is beautifully landscaped and is also equipped with in-ground sprinkling for the yard and plant beds. Additional exterior notes are new roof, new windows (other than a few windows in unit 2), and professionally restored and painted siding. The charm continues when walking up the stairs to the large wrap around front porch.
Details
Location & Property Info
Cross Streets: Delaware and Terrace
Property Sub-Type: 5+ Units
Municipality: Muskegon City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 162.94
General Property Info
New Construction: No
Lot Dimensions: 132 x 132
Financial Available: Yes
Road Frontage: 264
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 4603
Total Parking Spaces: 5
School District: Muskegon
Lot Measurement: Acres
Lot Square Footage: 17424
Lot Acres: 0.4
Year Built: 1906
Tax Info
Taxable Value: 117685
SEV: 366800
For Tax Year: 2023
Seller's Annual Property Tax: 7064
Tax Year: 2026
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: R-3
Tax ID #: 24-205-230-0003-00
Remarks & Misc
Public Remarks: This beautiful historic flagship home has been renovated from the studs in to create a wonderful 5 unit investment property that is turn key and ready to produce income! This property has a short term rental certificate from the City. No expense was spared in turning this property into what it is today. From the moment you pull up charm and historical beauty abound. The exterior is beautifully landscaped and is also equipped with in-ground sprinkling for the yard and plant beds. Additional exterior notes are new roof, new windows (other than a few windows in unit 2), and professionally restored and painted siding. The charm continues when walking up the stairs to the large wrap around front porch.
Legal: CITY OF MUSKEGON REVISED PLAT OF 1903 LOTS 3-4 BLK 230 SUBJ TO ELECTRIC ESMT L/P 4304/252
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Flag Lot: 1
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Unit: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Wall Furnace: 1
Air Conditioning
Mini-Split: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
None: 1
Driveway
Concrete: 1
Substructure
Daylight: 1
Full: 1
Extras
Laundry Facility: 1
Owner Pays
Water: 1
Unit 1
Unit #: 1
Unit Description: lower left
SqFt: 808
Occupied: Yes
Monthly Rent: 1565
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Central Air: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Lower Right
SqFt: 665
Occupied: No
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Central Air: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 3
Unit #: 3
Unit Description: Second Right
SqFt: 712
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 4
Unit #: 4
Unit Description: Second Left
SqFt: 720
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 5
Unit #: 5
Unit Description: 3rd Floor
SqFt: 1146
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Central Air: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Muskegon
Street #: 1164
Street Name: Terrace
Suffix: Street
State: MI
Zip Code: 49442
OfficeContract Info
Status: Active
Current Price: $750,000
List Price: $750,000
Listing Date: 2026-08-26
Remarks Misc
Directions: Apple to Terrace, South to Home
Property Features
Laundry Features: Common Area; In Unit
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Daylight; Full
Lot Description: Corner Lot; Flag Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Laundry Facility
Owner Pays: Water
Tenant Pays: Electric; None
Heat Source: Electric
Heat Type: Wall Furnace
Air Conditioning: Mini-Split
Driveway: Concrete
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Central Air; Dishwasher; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 2: A/C Unit; Central Air; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 3: Range/Oven; A/C Unit; Central Air; Deck/Patio; Dishwasher; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 4: A/C Unit; Central Air; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 5: A/C Unit; Central Air; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Supplements
Head inside and you are greeted with a beautiful common space with original hard wood floors as well as the stairway with original stair post with wonderful detail. Each unit has all new vinyl plank flooring, quartz counter tops, tile back splash, plenty of lighting, and stainless steal appliances. Units 1 and 2 have their own in unit laundry. Units 3,4,and 5 share the laundry on the second level common space. Units are heated and cooled using mini split systems that control the temperature in each room using only electricity. All units have also been furnished and stocked with everything needed to operate as a short term rental. This property would make a wonderful short term rental or high end rental property. Other notable details are that the floors have been leveled using gypcrete which makes sure there is zero sloping but also improves fire rating as well as reduces floor noise. All new electrical, plumbing, insulation and HVAC. There is a fire suppression system as well. Also ring flood light cameras cover all 4 corners of the house giving 360 degree sight and sound 24/7. The exterior also has new concrete with plenty of parking. This is a great opportunity to own a beautiful landmark property in the growing Muskegon market. Listing agent is the owner.
Listing Office: Five Star Real Estate (Grandv)
Listing Agent: Andrew J Straub
Last Updated: September - 03 - 2026
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