318 Houston Avenue, Muskegon, MI 49441

$825,000
Property Type: Multi Family Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $825,000 List Date: 6/06/2025 Last Modified: 2/18/2026

Description

318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset.

Supplements: The main floor features elegant shared office and conference areas with three fireplaces and one handicap-accessible bathroom. The lower level includes a full kitchen, two half bathrooms, and a private rear entranceideal for subleasing, hosting events, or converting into additional living space. The third level includes two half bathrooms and the fourth floor features a two-bedroom apartment with in-unit laundry and one ful bathroom. With a total of five half bathrooms and one full bathroom, 24 private parking spaces, and income exceeding $100,000 annually, the Hovey House mansion presents a rare opportunity to own a piece of Muskegon's history while benefiting from a flexible, income-producing layout in the heart of a vibrant lakeshore community. Additional Commerical Listing under MLS # 25026979

More Information MLS# 25027006

Location & Property Info

Cross Streets: W Muskegon Ave & 4th Property Sub-Type: 5+ Units Area: Muskegon County - M Municipality: Muskegon City Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 101x149x99x147 plus 14 spots Financial Available: No Financial Comments: Apartment and office space Road Frontage: 248 Cert. of Compliance Exp Date: 2025-06-07 Waterfront: No Basement: Yes Total # Units: 11 # of Diff Unit Floor Plans: 11 Total # Bldgs: 1 Total Parking Spaces: 24 School District: Muskegon Lot Measurement: Acres Lot Square Footage: 8712 Lot Acres: 0.2 Year Built: 1880

Tax Info

Taxable Value: 174502 SEV: 330700 For Tax Year: 2024 Seller's Annual Property Tax: 10501 Tax Year: 2024 Homestead %: 0 Spec Assessment & Ty: none known Zoning: B1 Tax ID #: 24-205-349-0012-00

Remarks & Misc

Public Remarks: 318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset. Legal: CITY OF MUSKEGON REVISED PLAT 1903 LOT 12 & E 1/2 OF LOT 11 BLK 349 ALSO S 1/2 OF VAC ALLEY ADJ ALSO LOT 1 BLK 349 AND N 1/2 OF VAC ALLEY ADJ

Income and Expenses

Gross Op. Inc.: 100000

Street Type

Easement: 1 Paved: 1 Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Mineral Rights

Unknown: 1

Exterior Material

Concrete: 1 Wood Siding: 1

Roofing

Composition: 1 Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Ductless: 1 Forced Air: 1 Heat Pump: 1

Air Conditioning

Central Air: 1

Access Feat

Accessibility Features: Yes

Accessibility Feat

36 Inch Entrance Doo: 1 36' or + Hallway: 1 42 in or + Hallway: 1 Accessible Bath Sink: 1 Lever Door Handles: 1 No Step Entrance: 1 Ramped Entrance: 1 Rocker Light Switche: 1

Tenant Pays

None: 1

Driveway

Concrete: 1

Substructure

Other: 1

Owner Pays

None: 1

Unit 1

Unit Description: 3 rd level apartment Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Unit 2

Unit #: 1 Unit Description: Main Flr 1 office Bathrooms: 1 Half Baths: 1

Unit 3

Unit Description: Main flr 2 office

Unit 4

Unit Description: Main level 3 office

Unit 5

Unit Description: 2nd flr office 1 Bathrooms: 1 Half Baths: 1

Unit 6

Unit Description: 2nd flr office 2 Bathrooms: 1 Half Baths: 1

Unit 7

Unit Description: 2nd level 3 office

Unit 8

Unit Description: 2nd lvl 4 office

Unit 9

Unit Description: 2 level 5 office

Unit 10

Unit Description: lower lvl office 1 Bathrooms: 1 Half Baths: 1

Unit 11

Unit Description: lower level office 2 Bathrooms: 1 Half Baths: 1

Possession

Negotiable: 1

Location Property Info

County: Muskegon Street #: 318 Street Name: Houston Suffix: Avenue State: MI Zip Code: 49441 Zip (4): 1999

OfficeContract Info

Status: Active Current Price: $825,000 List Price: $825,000 Listing Date: 2025-06-06

Remarks Misc

Directions: Seaway To Third To Houston next to Nelson Place 3 blocks to the Muskegon convention center

Property Features

Accessibility Feat: 36 Inch Entrance Doo; 36' or + Hallway; 42 in or + Hallway; Accessible Bath Sink; Lever Door Handles; No Step Entrance; Ramped Entrance; Rocker Light Switche Exterior Material: Concrete; Wood Siding Roofing: Composition; Rubber Substructure: Other Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available Owner Pays: None Tenant Pays: None Heat Source: Natural Gas Heat Type: Ductless; Forced Air; Heat Pump Air Conditioning: Central Air Driveway: Concrete Street Type: Easement; Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Negotiable Sale Conditions: None
Listing Office: Medendorp Real Estate Group
Listing Agent: David Medendorp
IDX
Last Updated: February - 18 - 2026
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