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!
Pending
Price cut: $15K (7/22)
$260,000
1607 Elwood St, Muskegon, MI 49442
7beds
5baths
2,959sqft
2 to 4 Units
Built in 1940
-- sqft lot
$249,300 Zestimate®
$88/sqft
$-- HOA
What's special
Abundant natural lightCorner lotBrand-new high-efficiency furnaceNewer water heatersFunctional layouts
- 66 days
- 284
- 12
Zillow last checked:
Listing updated:
Listed by:
Tyler Johnson 616-799-2903,
Clear Realty Group 616-799-2903
Source: MichRIC,MLS#: 26033270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced Air
Features
- Basement: Full
Interior area
- Total interior livable area: 2,959 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 124
- Features: Corner Lot
Details
- Parcel number: 24185101002000
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Muskegon
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $147,600
- Annual tax amount: $2,709
- Date on market: 7/1/2026
- Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: None, Electricity
- Electric utility on property: Yes
Estimated market value
$249,300
$237,000 - $262,000
$1,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Pending sale | $260,000$88/sqft |
Source:  MichRIC #26033270 Report a problem | ||
| 7/22/2026 | Price change | $260,000-5.5%$88/sqft |
Source: MichRIC #26033270 Report a problem | ||
| 7/1/2026 | Listed for sale | $275,000+27.9%$93/sqft |
Source: MichRIC #26033270 Report a problem | ||
| 4/18/2025 | Sold | $215,000-2.3%$73/sqft |
Source: MichRIC #25009320 Report a problem | ||
| 3/18/2025 | Pending sale | $220,000$74/sqft |
Source: MichRIC #25009320 Report a problem | ||
| 3/13/2025 | Listed for sale | $220,000+260.7%$74/sqft |
Source: MichRIC #25009320 Report a problem | ||
| 1/12/2006 | Sold | $61,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,709 +3.4% | $113,300 +23.3% |
| 2024 | $2,621 +5.5% | $91,900 +25.9% |
| 2023 | $2,485 | $73,000 +38.5% |
| 2022 | -- | $52,700 +21.1% |
| 2021 | $2,392 | $43,500 +1.6% |
| 2020 | $2,392 +461.5% | $42,800 +1760.9% |
| 2018 | $426 | $2,300 -93.6% |
| 2017 | -- | $35,800 +2.3% |
| 2016 | -- | $35,000 -4.9% |
| 2015 | -- | $36,800 -10.2% |
| 2014 | -- | $41,000 +6.8% |
| 2013 | $454 | $38,400 -0.5% |
| 2012 | -- | $38,600 -0.5% |
| 2011 | -- | $38,800 |
| 2010 | -- | $38,800 -16.7% |
| 2009 | -- | $46,600 -9.3% |
| 2008 | -- | $51,400 +46.9% |
| 2007 | -- | $35,000 |
| 2006 | -- | $35,000 -22.4% |
| 2005 | -- | $45,100 +3.2% |
| 2004 | -- | $43,700 |
| 2003 | -- | -- |
| 2002 | -- | $42,200 +7.9% |
| 2001 | -- | $39,100 +7.4% |
| 2000 | -- | $36,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49442
Similar homes
- $240,0006 bd2 ba2.4k sqft1500 Clinton St, Muskegon, MI 49442For Sale
MLS ID #26028610, Claire Ritter, Five Star Real Estate. MichRIC - $249,0005 bd4 ba4k sqft1181 Ransom St, Muskegon, MI 49442For Sale
MLS ID #26016847, Christine Mattson, Five Star Real Estate. MichRIC - $320,0005 bd3 ba2.6k sqft1670 Vine Ave, Muskegon, MI 49442For Sale
MLS ID #26038723, Napoleon Brown, Homeflex Realty, Inc. MichRIC - $--5 bd1 ba1.9k sqft315 W Forest Ave, Muskegon, MI 49441Auction
Auction.com 2 - $225,0005 bd2 ba1.6k sqft1071 Irwin Ave, Muskegon, MI 49442For SaleMLS ID #26043106, Kaleigh Sumner, Five Star Real Estate. MichRIC
- $175,0004 bd2 ba1.5k sqft855 Turner Ave, Muskegon, MI 49442For SaleMLS ID #26018994, Shelby T Steenstra, Key Realty. MichRIC
- $295,0004 bd3 ba2.1k sqft451 S Dangl Rd, Muskegon, MI 49442For SaleMLS ID #26036188, James S Shull, Five Star Real Estate (Main). MichRIC
- $375,0007 bd5 ba3.8k sqft1223 Terrace St, Muskegon, MI 49442For SaleMLS ID #26024005, Kevin Cole, Bellabay Realty LLC. MichRIC
- $190,0004 bd2 ba1.7k sqft510 Ada Ave, Muskegon, MI 49442For SaleMLS ID #26042212, Matthew Johnson, Greenridge - Nexes. MichRIC
- $279,9005 bd2 ba2k sqft2269 Denmark St, Muskegon, MI 49441For SaleMLS ID #26046912, Taylor Macias, Keller Williams GR East. MichRIC
- $219,9004 bd2 ba1.8k sqft1465 Barclay St, Muskegon, MI 49441For SaleMLS ID #26043534, Emmett C TerBeek, Five Star Real Estate (Courtland). MichRIC
- $195,0004 bd2 ba1.8k sqft958 Ada Ave, Muskegon, MI 49442For SaleMLS ID #26042400, Rachel Kokosenski, Smallegan Real Estate. MichRIC
- $175,0004 bd2 ba2.3k sqft233 Delaware Ave, Muskegon, MI 49442For SaleMLS ID #26023462, An H Huynh, Bellabay Realty LLC. MichRIC
- $199,9005 bd2 ba1.8k sqft119 E Isabella Ave, Muskegon, MI 49442For SaleMLS ID #26040087, Trisha Witte, Five Star Real Estate. MichRIC
- $325,0005 bd4 ba2.9k sqft263 W Muskegon Ave, Muskegon, MI 49440For SaleMLS ID #26019126, Paul H DeBoer, Apex Realty Group. MichRIC
- $294,9004 bd2 ba2.1k sqft3171 Kooi St, Muskegon, MI 49444For SaleMLS ID #26033176, Mary Kalisz, Five Star Real Estate. MichRIC
- $339,9004 bd3 ba2.4k sqft1969 Francis Ave, Muskegon, MI 49442For SaleMLS ID #26041091, Robin Wolters, Bellabay Realty LLC. MichRIC
- $219,9005 bd2 ba4k sqft1607 6th St, Muskegon, MI 49441For SaleMLS ID #26040193, Daphne Meneses, Legacy Real Estate Partners. MichRIC
- $139,9904 bd3 ba2.8k sqft2920 8th St, Muskegon Heights, MI 49444For SaleMLS ID #26041527, Charles Campbell, ListWithFreedom.com. MichRIC
