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Gretchen Oberdick
REALTOR®, ABR, e-PRO
Cell: (419) 779-6834
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1223 Terrace Street, Muskegon, MI 49442

$400,000
  • 1223 Terrace Street, Muskegon, MI 49442 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#26024005
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMuskegon

Property Description

Large 4-unit investment at 1223 Terrace St, Muskegon -- near downtown in excellent location, seeing lots of renovation in the immediate area. Current rents: Unit A $1,000 large 1BR/1BA, currently vacant for easy showings, Unit B $1,200 (3BR/2BA), Unit C $900 (2BR/1BA), Unit D $850 (1BR/1BA) -- All rents could probably be increased. Long-term, on-time tenants. Recent updates: full remodel of all units between 2021 and 2024, new roof in 2022, new boiler in 2023.3. Great cash-flow property, ideal for an investor or owner-occupier. Photos available; serious inquiries only.

1223 Terrace Street | MLS# 26024005

This multi-family property located at 1223 Terrace Street, Muskegon, MI 49442 is currently listed for sale with an asking price of $400,000. Terrace Street is located within the Muskegon school district. Search Muskegon real estate on gretchenoberdick.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Hot Water
Lot Size: 0.20 Acres
Roof Type: Composition
Taxes: $1
Year Built: 1899

Feature Descriptions

Exterior: Wood Siding
Lot Dimensions: 66x132
Owner Pays: Gas
Parcel Number: 24-205-243-0010-00
Parking: Paved
Parking Total: 4
Road Surface: Paved
Sub Type: 2 to 4 Units
Tenant Pays: Electric
Units: 4
Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Local Schools

School District: Muskegon

Listed By / Shown By

Listed By

Agency Name: Bellabay Realty LLC
Agent Name: Kevin Cole
Agency Phone: 616-871-9200

agent picture

Shown By

Agent Name: Gretchen Oberdick
Agent Phone: Cell: (419) 779-6834
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/21/2026.

Estimate Your Payment

Estimated Payment

$ 2,354.24 per month $2,237.49 Principal & Interest $0.08 Property Tax $116.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/21/2026. The listing information on this page last changed on 05/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/21/2026 4:43:01 PM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 05/21/2026 4:39:45 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Thu 05/21/2026 4:35:02 PM EST) or NIRA MLS (last updated Thu 05/21/2026 4:35:00 PM EST) or RealComp MLS (last updated Thu 05/21/2026 12:46:00 AM EST) or Dayton MLS (last updated Thu 05/21/2026 4:42:13 PM EST) or NORIS MLS (last updated Thu 05/21/2026 4:00:50 PM EST) or IRES MLS (last updated Thu 05/21/2026 4:32:49 PM EST) or Colorado Real Estate Network IDX (last updated Thu 05/21/2026 8:33:47 AM EST) or CBRMLS (last updated Thu 05/21/2026 4:40:40 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Thu 05/21/2026 4:40:00 PM EST) or Terrehaute MLS (last updated Thu 05/21/2026 4:42:18 PM EST) or elevate MLS (last updated Thu 05/21/2026 4:31:21 PM EST) or Stellar MLS (last updated Thu 05/21/2026 4:34:43 PM EST) or NKY MLS (last updated Thu 05/21/2026 4:36:49 PM EST) or Wrist MLS (last updated Thu 05/21/2026 4:34:57 PM EST) or Firelands MLS (last updated Thu 05/21/2026 4:12:43 PM EST) or LCAR MLS (last updated Thu 05/21/2026 10:51:03 AM EST) or West Central MLS (last updated Thu 05/21/2026 3:55:08 PM EST) or Fort Myers (last updated Thu 05/21/2026 4:41:02 PM EST) or Aspen/Glenwood Springs MLS (last updated Thu 05/21/2026 3:31:15 PM EST) or Northern Nevada Regional MLS (last updated Thu 05/21/2026 4:42:14 PM EST) or MLS NOW (last updated Thu 05/21/2026 4:39:06 PM EST) or Northern Great Lakes Association of Realtors (last updated Thu 05/21/2026 4:34:42 PM EST) or Mansfield MLS (last updated Thu 05/21/2026 4:42:32 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Thu 05/21/2026 4:37:05 PM EST) or Grand Junction MLS (last updated Thu 05/21/2026 4:37:34 PM EST) or Knox County MLS (last updated Thu 05/21/2026 4:38:49 PM EST) or IRMLS (last updated Thu 05/21/2026 4:38:42 PM EST) or Pueblo MLS (last updated Thu 05/21/2026 3:46:07 PM EST) or Upper Peninsula MLS (last updated Thu 05/21/2026 4:40:17 PM EST) or Greater Lansing MLS (last updated Thu 05/21/2026 4:36:06 PM EST) or SEBAR MLS (last updated Thu 05/21/2026 4:39:37 PM EST) or Water Wonderland MLS (last updated Thu 05/21/2026 2:53:31 PM EST) or Eastern Upper Peninsula MLS (last updated Wed 05/20/2026 12:59:47 PM EST) or Scioto Valley MLS (last updated Thu 05/21/2026 4:03:19 PM EST) or Northern Michigan MLS (last updated Thu 05/21/2026 3:34:41 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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