$275,000

beds

baths

half bath

1607 Elwood Street

Muskegon, Michigan 49442

New / MLS #26033270 / Multiple Unit (2-4) / Muskegon

Listing information updated 7/1/2026 at 4:22pm

Turnkey, fully occupied 4-unit in an established Muskegon rental corridor -- professionally managed with strong, in-place cash flow. This solid quadplex offers 3,440 sq ft on a corner lot with a great unit mix: three 2-bedrooms and one 1-bedroom, generating $3,650 /mo. in total rent. A 3-year-old roof, brand-new high-efficiency furnace, and newer water heaters mean major systems are handled, keeping this a truly passive hold -- ideal for the portfolio builder or out-of-area investor. Functional layouts and abundant natural light keep the units easy to lease. Muskegon's rental market stays tight, with steady demand near schools, major employers, and the lakeshore. Complete rent roll and current leases are available in the docs section; additional financials available upon request. Fully leased, cash-flowing 4-units don't sit long -- schedule your private showing today!

Full Features

Exterior Type:

Aluminum Siding

Basement:

Full

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

86 Years

Parking Spaces:

Water Front:

Square Feet:

N/A

Lot Size:

0.11 Acres

Acreage:

0.11

Taxes & Assessments

Tax Amount:

$2,709

Tax Year:

2025

Location

Zip Code:

49442

City:

Muskegon

County:

Muskegon

Schools

School District(s):

Muskegon

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Aluminum Siding

Basement:

Full

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

86 Years

Parking Spaces:

Water Front:

Square Feet:

N/A

Lot Size:

0.11 Acres

Acreage:

0.11

Tax Amount:

$2,709

Tax Year:

2025

Zip Code:

49442

City:

Muskegon

County:

Muskegon

School District(s):

Muskegon

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Clear Realty Group

Listing Office Phone: 616.799.2903

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Muskegon, MI

The Michigan City of Muskegon is the most populous city along the eastern side of Lake Michigan. It is located in Muskegon County and has an overall population of nearly 40,000. The city is a popular destination for swimming, sailing, boating and other recreational water activities....

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$234,769

Average Sale Price

Average Days On The Market

95%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.