Skip main navigation
Active
  • $275,000

    1607 Elwood St, Muskegon, MI 49442

    7beds
    5baths
    2,959sqft
    : 
    Loading
    Get pre-qualified
    2 to 4 Units
    Built in 1940
    -- sqft lot
    $267,100 Zestimate®
    $93/sqft
    $-- HOA

    What's special

    Abundant natural lightCorner lotBrand-new high-efficiency furnaceNewer water heatersFunctional layouts
    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!
    16 days
    |
    372
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Johnson 616-799-2903,

    Clear Realty Group 616-799-2903

    Source: MichRIC,MLS#: 26033270MLS Logo

    Loading...

      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: $93/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

        $267,100

        $254,000 - $280,000

        $1,248/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$275,000+27.9%$93/sqft
        Source: MichRIC #26033270 Report a problem
        4/18/2025Sold$215,000-2.3%$73/sqft
        Source: MichRIC #25009320 Report a problem
        3/18/2025Pending sale$220,000$74/sqft
        Source: MichRIC #25009320 Report a problem
        3/13/2025Listed for sale$220,000+260.7%$74/sqft
        Source: MichRIC #25009320 Report a problem
        1/12/2006Sold$61,000$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49442

        Getting around

        47 / 100
        Car-Dependent
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes