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$375,000
$1,900Reward *
1223 Terrace Street, Muskegon, MI 49442Listing ID 26024005

1223 Terrace Street, Muskegon, MI 49442

Active
Time on site: 89 days • Last updated: Jul 27, 2026
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
2 to 4 Units
Acres
Acres
0.2
Days on Site
Days on Site
88
Heating
Heating
Hot Water
Year Built
Year Built
1899
Parking
Parking
Paved

Large 4-unit investment property at 1223 Terrace St, Muskegon, in an excellent location near downtown and surrounded by ongoing neighborhood revitalization.Situated in the historic McLaughlin District, a well-established neighborhood known for its historic character and proximity to downtown Muskegon. Excellent cash-flow opportunity for investors or owner-occupants. Photos available. Serious inquiries only. Current rents:Unit A - $1,000/month (large 1BR/1BA), currently vacant for easy showingsUnit B - $1,200/month (3BR/2BA)Unit C - $900/month (2BR/1BA)Unit D - $850/month (1BR/1BA) All rents offer potential for future increases. Long-term, reliable tenants with a strong payment history. Recent improvements include full remodeling of all units between 2021 and 2024, a new roof in 2022, and a new boiler in 2023.

Property Information

Property Details

Location

Address
1223 Terrace Street
County
Muskegon
City
Muskegon
Zip Code
49442
School District
Muskegon

Interior Features

Heating and Cooling

Heating
Hot Water

Building

Building Information

Year Built
1899
Construction
Wood Siding
Roof
Composition

Property Taxes

Tax Annual Amount
$1
Tax Year
2025
Kevin Cole • Bellabay Realty LLC, (616) 871-9200

Market Report for 49442

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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