Address
111 E Grand Avenue, Muskegon, MI
Price
$ 249,900
Property Attributes
- MLS#26046086
- TypeMulti-Family
- Listing Status Active
- CountyMUSKEGON
- CityMuskegon
- AreaMuskegon City
- NeighborhoodMuskegon City
- Zip49442
- Style2 to 4 Units
- Year Built1940
- Taxes$ 2905
- Price$ 249,900
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Lot Size0.25 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Well maintained 3 unit property offering a turn-key income producing opportunity for the new owner. All 3 units are occupied with a total monthly income of $2700, Annual income of $32,400. This property offers a main floor 3 bedroom unit with access to the basement for laundry and storage renting for $1200/mo. 2 upper level units with 1 bedroom each renting for $750/mo each. New roof 3 years ago, fresh exterior paint 4 years ago, new boiler 5 years ago. Various cosmetic upgrades throughout all units. Owner pays gas, water, and trash. Tenants pay electric. Turn key opportunity! Photos used in listing were taken after each unit refresh. To limit tenant disruptions, seller requests showings with 48 hour notice, to qualified buyers only. Buyer to verify all information.
| Price History | |
|---|---|
| 8/31/2026 | Listed $249,900 |
General Features
| Heating | Hot Water,Radiant |
|---|---|
| Utilities | Natural Gas Connected,Electricity Connected,Cable Connected |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Construction Materials | Wood Siding |
| Year Built | 1940 |
| Tenant Pays | Electric |
| Township | Muskegon City |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| Ownership | Private Owned |
| OwnerPays | Trash Collection,Water,Sewer,Gas |
| County | Muskegon |
| New Construction | No |
| Property Type | Multi Family |
| Attached Garage | No |
| Status | Active |
| Directions | Peck st to Grand to home. |
| City | Muskegon |
| High School District | Muskegon |
| Number Of Units Total | 3 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10977.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 2905.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/wmlar/26046086 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 48594 |
| MobileHomeRemainsYN | No |
| Legal Description | CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 1 & N 29 FT LOT 2 BLK 279 |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Laundry Features | In Basement |
| Total Baths | 3 |
Exterior Features
| Parking Features | Driveway,Gravel |
|---|---|
| Lot Features | Corner Lot |
| Total Parking | 4.0 |
| Lot Size Area | 0.25 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 89x128 |
| Lot Size Acres | 0.25 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49442
Price
Taxes
Year Built
Visits
In The Neighborhood
Muskegon
$ 750,000
730 Washington Avenue
Muskegon, MI 49441
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Muskegon
$ 225,000
1486 Montgomery Avenue
Muskegon, MI 49441
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Muskegon
$ 369,900
756 Washington Avenue # A & B
Muskegon, MI 49441
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 28, 2026 10:46 AM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
