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111 E Grand Avenue
Muskegon, MI 49442
10 days ago REDUCED · Active
$229,900
3
Baths
0.25
Acres
1940
Yr. Built
MLS# 26046086
Cumulative Days on Market: 60 · Includes prior listings · Currently listed since 08/31/26 · Data provided by the MLS.

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. Great opportunity to earn passive income for a seasoned or new investor! Photos used in listing were taken after each unit refresh. All units are occupied with tenants in leases. To limit tenant disruptions, seller requests showings with 48 hour notice, to qualified buyers only. Buyer to verify all information.

Property Highlights

Property Type
Multi Family
Property Sub Type
2 to 4 Units
Total Bathrooms
3
Acres
0.25
Year Built
1940
Cumulative Days on Market
60

Location

City/Township
Muskegon
County
Muskegon

Property Details

Price
$229,900
Property Type
Multi Family
Property Sub Type
2 to 4 Units

Community

Local Schools

School District
Muskegon

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
3

Rooms and Basement

Has Basement
Yes
Basement Features
Full

Area and Spaces

Number of Units
3

Interior Features

Laundry Features
In Basement

Heating and Cooling

Heating Features
Hot Water, Radiant

Building Details

Construction

Year Built
1940

Materials

Construction Materials
Wood Siding
Roof
Composition

Terms

Terms

Ownership
Private Owned

Rental Terms

Owner Pays
Trash Collection, Water, Sewer, Gas

Terms

Special Terms
Cash, Conventional
Cumulative Days on Market
60

Taxes

Tax

Tax (Annual)
$2,905
Tax Assessed Value
48594.00

Heating, Cooling & Utilities

Utilities

Utilities
Natural Gas Connected, Electricity Connected, Cable Connected

Lot

Acres
0.25
Lot Size
0.25
Lot Size Area Sq Ft
10,977
Lot Dimensions
89x128
Lot Features
Corner Lot
Road Surface
Paved

Parking

Total Parking Spaces
4
Parking Features
Driveway, Gravel
Listed by Thomas A Serio, Real Estate West, 231-246-8000
Listing Data last updated 10/20/2026 06:00 pm
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Property History

Today
Property information last updated
10 days ago
Date of last price change
50 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 60 days (includes prior listings) · Currently listed since August 31, 2026. Data provided by the MLS.

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