1164 Terrace Street, Muskegon, MI 49442

$750,000
  • 1164 Terrace Street, Muskegon, MI 49442 Main Photo

111 Photos

Active
BEDS0 BATHS MLS#26045247
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMuskegon

Property Description

This beautiful historic flagship home has been renovated from the studs in to create a wonderful 5 unit investment property that is turn key and ready to produce income! This property has a short term rental certificate from the City. No expense was spared in turning this property into what it is today. From the moment you pull up charm and historical beauty abound. The exterior is beautifully landscaped and is also equipped with in-ground sprinkling for the yard and plant beds. Additional exterior notes are new roof, new windows (other than a few windows in unit 2), and professionally restored and painted siding. The charm continues when walking up the stairs to the large wrap around front porch. Head inside and you are greeted with a beautiful common space with original hard wood floors as well as the stairway with original stair post with wonderful detail. Each unit has all new vinyl plank flooring, quartz counter tops, tile back splash, plenty of lighting, and stainless steal appliances. Units 1 and 2 have their own in unit laundry. Units 3,4,and 5 share the laundry on the second level common space. Units are heated and cooled using mini split systems that control the temperature in each room using only electricity. All units have also been furnished and stocked with everything needed to operate as a short term rental. This property would make a wonderful short term rental or high end rental property. Other notable details are that the floors have been leveled using gypcrete which makes sure there is zero sloping but also improves fire rating as well as reduces floor noise. All new electrical, plumbing, insulation and HVAC. There is a fire suppression system as well. Also ring flood light cameras cover all 4 corners of the house giving 360 degree sight and sound 24/7. The exterior also has new concrete with plenty of parking. This is a great opportunity to own a beautiful landmark property in the growing Muskegon market. Listing agent is the owner.

1164 Terrace Street | MLS# 26045247

This multi-family property located at 1164 Terrace Street, Muskegon, MI 49442 is currently listed for sale with an asking price of $750,000. Terrace Street is located within the Muskegon school district. Search Muskegon real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight, Full
Heating: Wall Furnace
Lot Size: 0.40 Acres
Roof Type: Composition
Taxes: $7,064
Year Built: 1906

Feature Descriptions

Days on Site: 8
Exterior: Wood Siding
Laundry: Common Area, In Unit
Lot: Flag Lot, Corner Lot
Lot Dimensions: 132 x 132
Owner Pays: Water
Parcel Number: 24-205-230-0003-00
Parking: Concrete, Driveway
Parking Total: 5
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: None, Electric
Units: 5
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Local Schools

School District: Muskegon

Listed By / Shown By

Listed By

Agency Name: Five Star Real Estate (Grandv)
Agent Name: Andrew J Straub
Agency Phone: 616-257-1500

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 09/04/2026.

Estimate Your Payment

Estimated Payment

$ 5,002.70 per month $4,195.29 Principal & Interest $588.67 Property Tax $218.75 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder