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  • $166,900

    1541 Leahy St, Muskegon, MI 49442

    4beds
    2baths
    --sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $178,700 Zestimate®
    $--/sqft
    $1,087 Estimated rent

    Home value

    $178,700

    $159,000 - $202,000

    $1,087/mo

    Zestimate® history
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    $1,087/mo

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    $1,112/mo

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    $1,112/mo

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    What's special

    This fully rented duplex in Muskegon is the kind of property investors love, stable income, recent updates, and professional management already in place. Both units are leased through April 2026, one side is a 3 bedroom, 1 bath layout at $1,145/month, and the other a 1 bedroom, 1 bath unit at $745/month, for a total of $1,890/month. The home has been well cared for, with key improvements including updated electrical in 2019, plumbing in 2020, a new roof in 2021, fresh vinyl plank flooring and carpet in 2023, and full kitchen remodels in 2024 featuring stainless appliances, new cupboards, and butcher block countertops. The property is currently managed by United Properties, making it a seamless, hands-off investment! Tenants cover utilities, and the property is set up as a cash flowing investor special with minimal maintenance needs. It's in a convenient location with reliable leases in place, this is a great addition to any portfolio or a smart first-time investment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryann Brier 734-210-8543,

    United Realty Services

    Bought with:

    Josh Stehouwer, 6501460973

    Nexes Realty Muskegon

    Source: MichRIC,MLS#: 25047929MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Wall Furnace
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Michigan Basement,Slab

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Gravel
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 77 x 58
    • Features: Corner Lot
    Details
    • Parcel number: 24205279000710

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected

    Community & HOA

    Location
    • Region: Muskegon

    Financial & listing details

    • Tax assessed value: $69,600
    • Annual tax amount: $1,183
    • Date on market: 9/18/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/13/2026Listing removed$1,195
    Source: Zillow Rentals Report a problem
    7/31/2026Price change$1,195-4%
    Source: Zillow Rentals Report a problem
    7/9/2026Price change$1,245-3.9%
    Source: Zillow Rentals Report a problem
    6/12/2026Listed for rent$1,295+13.1%
    Source: Zillow Rentals Report a problem
    11/14/2025Sold$166,900-1.8%
    Source: MichRIC #25047929 Report a problem
    10/22/2025Pending sale$169,900
    Source: MichRIC #25047929 Report a problem
    10/13/2025Price change$169,900-4.5%
    Source: MichRIC #25047929 Report a problem
    10/4/2025Price change$177,900-1.1%
    Source: MichRIC #25047929 Report a problem
    9/18/2025Price change$179,900+9%
    Source: MichRIC #25047929 Report a problem
    3/29/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/19/2024Price change$1,145-4.2%
    Source: Zillow Rentals Report a problem
    3/5/2024Price change$1,195-4.4%
    Source: Zillow Rentals Report a problem
    1/25/2024Listed for rent$1,250+72.4%
    Source: Zillow Rentals Report a problem
    12/7/2023Pending sale$165,000
    Source: MichRIC #23142278 Report a problem
    12/5/2023Price change$165,000-5.7%
    Source: MichRIC #23142278 Report a problem
    11/27/2023Price change$175,000-2.8%
    Source: MichRIC #23142278 Report a problem
    11/16/2023Listed for sale$180,000+2150%
    Source: MichRIC #23142278 Report a problem
    4/25/2018Listing removed$725
    Source: Lighthouse Property Management - Muskegon Report a problem
    4/10/2018Listed for rent$725
    Source: Lighthouse Property Management - Muskegon Report a problem
    1/24/2018Listing removed$725
    Source: Lighthouse Property Management - Muskegon Report a problem
    1/2/2018Listed for rent$725
    Source: Lighthouse Property Management - Muskegon Report a problem
    8/18/2017Sold$8,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,818 +17.6%$69,600 +27.7%
    2024$2,396 +100.4%$54,500 +43%
    2023$1,196 $38,100 +40.6%
    2022-- $27,100 +11.5%
    2021$1,151 $24,300 +25.3%
    2020$1,151 +444%$19,400 +1392.3%
    2018$211 $1,300 -92.9%
    2017-- $18,400 +3.4%
    2016-- $17,800 +5.3%
    2015-- $16,900
    2014-- $16,900 +7%
    2013$187 $15,800 +1.3%
    2012-- $15,600 -16.1%
    2011-- $18,600
    2010-- $18,600 -14.7%
    2009-- $21,800 -11%
    2008-- $24,500 +14%
    2007-- $21,500
    2006-- $21,500 +6.4%
    2005-- $20,200 -2.9%
    2004-- $20,800
    2003-- --
    2002-- $20,000 +3.1%
    2001-- $19,400 +12.8%
    2000-- $17,200
    Find assessor info on the county website

    Neighborhood: 49442

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $178,700
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    Estimated market value
    $178,700