Address
263 W Muskegon Avenue, Muskegon, MI
Price
$ 325,000
Property Attributes
- MLS#26019126
- TypeMulti-Family
- Listing Status Active
- CountyMUSKEGON
- CityMuskegon
- AreaMuskegon City
- NeighborhoodMuskegon City
- Zip49440
- Style2 to 4 Units
- Year Built1937
- Taxes$ 5200
- Price$ 325,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.2 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
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.
| Price History | |
|---|---|
| 5/1/2026 | Listed $325,000 |
General Features
| 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 |
| OwnerPays | None |
| County | Muskegon |
| New Construction | No |
| Property Type | Multi Family |
| Attached Garage | No |
| 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 | No |
| Tax Annual Amount | 5200.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 80649 |
| MobileHomeRemainsYN | No |
| Legal Description | CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 4 BLK 351 |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
Exterior Features
| Parking Features | Paved |
|---|---|
| Total Parking | 6.0 |
| Lot Size Area | 0.2 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 66x132 |
| Lot Size Acres | 0.2 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49440
Price
Taxes
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 28, 2026 7:20 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
