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1607 Elwood

Muskegon, MI 49442
  • $260,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 26033270
UPDATED: 38 min ago
$260,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,440
    SQFT
  • $76
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

School District:

Description

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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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' 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 is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
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1607 Elwood Muskegon, MI 49442

  • Price: $260,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 38 min ago
  • MLS #: 26033270
0
Beds
0
Baths
0
½ Baths
0.11
Acres
3,440
SQFT
$76
$/SQFT
1940
Built
Neighborhood:
Muskegon (61023)
County:
Muskegon
Area:
Muskegon (61023)
School District:
Muskegon Public Schools
Property Description
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!
Exterior Features

Exterior Construction Aluminum Foundation Type Basement Frontage 40 Garage Type Additional Garage(s) Lot Size 40x124 Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Association Or Landlord Pays GasWater/Sewer Financial Terms CashConventionalFHAVA For Sale Or Rent For Sale Municipality Muskegon Principal Res Exempt YN No Property Type Multi-Family SEV 147600 Taxable Value 147600 Total Tax Amount 2709 Total Tax Year 2025 Unit1 Occupied YN Yes Unit1 Rent Rate 1000 Unit2 Occupied YN Yes Unit2 Rent Rate 935 Unit3 Occupied YN Yes Unit3 Rent Rate 1035 Unit4 Occupied YN Yes Unit4 Rent Rate 800 Zoning Residential

Listing courtesy of Clear Realty Group : (616) 799-2903.

Source MLS: MiRealSource
Originating MLS: Greater Regional AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' 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 is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
 
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