For Sale
Multi family home for sale at 1223 Terrace St, Muskegon, MI 49442 | MLS# 65026024005 | Listing updated on 2026-09-23
Photo 1 of Multi family home for sale at 1223 Terrace St, Muskegon, MI 49442 | MLS# 65026024005 | Listing updated on 2026-09-23
Photo 2 of Multi family home for sale at 1223 Terrace St, Muskegon, MI 49442 | MLS# 65026024005 | Listing updated on 2026-09-23
Photo 3 of Multi family home for sale at 1223 Terrace St, Muskegon, MI 49442 | MLS# 65026024005 | Listing updated on 2026-09-23
Photo 4 of Multi family home for sale at 1223 Terrace St, Muskegon, MI 49442 | MLS# 65026024005 | Listing updated on 2026-09-23
62+
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Street View

$360,000

Monthly Est:$1,792

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

1223 Terrace St, Muskegon, MI 49442

$1,792/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1899

  • $-- HOA

  • 8,712 sqft lot

  • --/sqft

Description

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 23, 2026 at 6:35 pm
  • Listing Provided by: Kevin Cole (616) 551-6129 | Bellabay Realty LLC (616) 871-9200
  • Source: Realcomp MLS-MI | MLS#: 65026024005 Realcomp MLS-MI
  • Originating MLS: Greater Regional Alliance of REALTORS

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Muskegon County

  • City

    Muskegon

  • Neighborhood

    --

  • Year Built

    1899

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    8,712 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    65026024005

  • MLS Status

    Active

  • Days on Market

    166

  • Cumulative Days on Market

    125

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Heating

    Hot Water, Natural Gas

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1899

  • Home type

    Multi Family

  • Roof

    Composition

  • Construction Materials

    Wood Siding

Utilities & Energy

  • Parking Features

    Garage, Paved

  • Basement

    Full

  • Water Source

    Public

  • Utilities

    Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

Price History

DateEventPrice

09/23/2026

Source: mls_logoMiRealSource MLS-MI #70533702

Price Decreased

$360,000 -4.00%

$0/sqft

07/27/2026

Source: mls_logoRealcomp MLS-MI #65026024005

Price Decreased

$375,000 -2.60%

$0/sqft

07/07/2026

Source: mls_logoMiRealSource MLS-MI #70533702

Price Decreased

$385,000 -3.75%

$0/sqft

05/21/2026

Source: mls_logoRealcomp MLS-MI #65026024005

Price Increased

$400,000 +3.90%

$0/sqft

05/21/2026

Source: mls_logoRealcomp MLS-MI #65026024005

Listed for Sale

$385,000

$0/sqft

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 02, 2026, 02:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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