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1223 Terrace Street, 
Muskegon, MI 49442

$400,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Kevin Cole

Bellabay Realty LLC.

616-871-9200

Last updated:

June 3, 2026, 03:08 PM

MLS#

26024005

Source:

MI MICHRIC

Source MLS Verified

About This Home

1223 Terrace Street

Large 4-unit investment property at 1223 Terrace St, Muskegon, in an excellent location near downtown and surrounded by ongoing neighborhood revitalization.Situated in the historic McLaughlin District, a well-established neighborhood known for its historic character and proximity to downtown Muskegon. Excellent cash-flow opportunity for investors or owner-occupants. Photos available. Serious inquiries only. Current rents:Unit A - $1,000/month (large 1BR/1BA), currently vacant for easy showingsUnit B - $1,200/month (3BR/2BA)Unit C - $900/month (2BR/1BA)Unit D - $850/month (1BR/1BA) All rents offer potential for future increases. Long-term, reliable tenants with a strong payment history. Recent improvements include full remodeling of all units between 2021 and 2024, a new roof in 2022, and a new boiler in 2023.

Home Facts

Multi-Family

Built in 1899

Price Summary

400,000

MLS #:

26024005

Last Updated:

June 3, 2026, 03:08 PM

Added:

14 day(s) ago

Structure

Structure

Year Built:

1899

Lot

Lot Size (Sq. Ft):

8,712

Finances & Disclosures

Finances

Price:

$400,000

Source:MI MICHRIC
The information being provided by Michigan Regional Information Center is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Michigan Regional Information Center All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.