# 1223 Terrace Street, Muskegon, MI 49442

> **TL;DR:** 7bd/0ba residential multi family, $360,000, built 1899. Est. $1,925/mo. Listed 163 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $360,000 |
| Bedrooms | 7 |
| Year Built | 1899 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 163 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,820 |
| Estimated Insurance | $105 |
| **Total** | **$1,925** |

## Property Highlights

- Built in 1899
- 0.20 acre lot
- 4 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 1223 Terrace Street, Muskegon, MI 49442
- **County:** Muskegon
- **Coordinates:** 43.23004, -86.241125
- **Google Maps:** https://www.google.com/maps?q=43.23004,-86.241125

## Listing Agent

- **Name:** Kevin Cole
- **Brokerage:** Bellabay Realty LLC
- **Broker Phone:** (616) 871-9200
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1223-Terrace-St_Muskegon_MI_49442_M30639-83364?f=listhub&s=GRARMI&m=26024005&c=propsimple)

## Photos

![1223 Terrace Street - Photo 1](http://lh.rdcpix.com/f9f50ef191cb8a785ad3d6561ccb2504l-f3595252849r.jpg)

![1223 Terrace Street - Photo 2](http://lh.rdcpix.com/f9f50ef191cb8a785ad3d6561ccb2504l-f920406213r.jpg)

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![1223 Terrace Street - Photo 53](http://lh.rdcpix.com/f9f50ef191cb8a785ad3d6561ccb2504l-f76802009r.jpg)

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---

**MLS#:** 26024005 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1223-terrace-street-muskegon-mi-49442-dbd4e2b63a93477fa44f838bf2c6a69e)

---

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