263 W Muskegon Avenue, Muskegon, MI 49440

New Listing
$325,000
Property Type: Multi Family Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $325,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Overview

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.

Listing Details MLS# 26019126

Location Property Info

County
Muskegon
Street #
263
Street Direction
W
Street Name
Muskegon
Suffix
Avenue
State
MI
Zip Code
49440
Zip (4)
1334

General Property Info

Lot Measurement
Acres
Lot Square Footage
8712
Lot Acres
0.2
Lot Dimensions
66x132
Year Built
1937
New Construction
No
Cert of Compliance
Yes
Road Frontage
66
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2900
Total Parking Spaces
6
Waterfront
No
School District
Muskegon
Basement
Yes

Tax Info

Tax ID #
24-205-351-0004-00
Taxable Value
80649
SEV
114700
For Tax Year
2025
Seller's Annual Property Tax
5200
Tax Year
2025
Spec Assessment & Ty
na
Zoning
B-1
Homestead %
0

Remarks Misc

Directions
take Apple west then take a left onto W. Muskegon. Property 1 block on your left across from church.

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit #
Yes
Unit Description
2bed, 1 bath
SqFt
1200
Occupied
Yes
Monthly Rent
750
Bathrooms
Yes
Full Baths
Yes
Deck/Patio
Yes
Range Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes
W/D Hookup
Yes

Unit 2

Unit #
2
Unit Description
1bd, 1 bath
SqFt
500
Occupied
No
Monthly Rent
500
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes

Unit 3

Unit #
3
Unit Description
2 beds, 1.5 baths
SqFt
1200
Occupied
Yes
Monthly Rent
750
Bathrooms
2
Full Baths
Yes
Half Baths
Yes
Range/Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes
W/D Hookup
Yes

Location & Property Info

Cross Streets
between Second and third
Property Sub-Type
2 to 4 Units
Municipality
Muskegon City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
112.07

Remarks & Misc

Public Remarks
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.
Legal
CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 4 BLK 351

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Public Sewer
Yes
Public Water
Yes
Storm Sewer
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
Land Contract
Yes

Exterior Material

Wood Siding
Yes

Roofing

Composition
Yes
Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

Other
Yes

Heat Type

Forced Air
Yes
Wall Furnace
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Driveway

Paved
Yes

Substructure

Full
Yes

Extras

Sep Electric Meter
Yes
Sep Gas Meter
Yes

Owner Pays

None
Yes

Possession

Close Of Escrow
Yes

Property Features

Exterior Material: Wood Siding Roofing: Composition; Rubber Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air; Wall Furnace Driveway: Paved Street Type: Paved; Public Terms Available: Cash; Conventional; Land Contract Possession: Close Of Escrow Sale Conditions: Other Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup Unit 2: Range/Oven; Refrigerator; Sep. Heat System Unit 3: Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup
IDX
Listing Office: Apex Realty Group
Listing Agent: Paul H DeBoer
Source MLS Verified
Last Updated: May - 01 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.