Date
Details
Price
Change
Source
5/21/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/66
$400,000 Just Listed
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Property Description
Large 4-unit investment at 1223 Terrace St, Muskegon -- near downtown in excellent location, seeing lots of renovation in the immediate area. Current rents: Unit A $1,000 large 1BR/1BA, currently vacant for easy showings, Unit B $1,200 (3BR/2BA), Unit C $900 (2BR/1BA), Unit D $850 (1BR/1BA) -- All rents could probably be increased. Long-term, on-time tenants. Recent updates: full remodel of all units between 2021 and 2024, new roof in 2022, new boiler in 2023.3. Great cash-flow property, ideal for an investor or owner-occupier. Photos available; serious inquiries only.
Full Property Details
Full Property Details for 1223 Terrace St
General
- Price: $400,000
- Taxes: $1
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26024005
- Updated: 5/22/2026
- Added to Site: 5 day(s) ago
Parking
- Total Spaces: 4
- Parking Features: Paved
Location
- County: Muskegon
- Cross Streets: iona
Heating & Cooling
- Heating Type: Hot Water
Utilities
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1899
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Dimensions: 66 x 132
- Frontage: Paved
- Zoning: RM-1
Financial Considerations
- Tax Amount: $1
- Terms: VA Loan, FHA, Cash, Conventional
- Landlord Pays: Gas
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 10 BLK 243
- Property ID: 24-205-243-0010-00
Listed by Bellabay Realty LLC, Kevin Cole
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Listing agent
— 1223 Terrace St —
Kevin Cole
Bellabay Realty LLC
NMLS#: 1598647
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Schools
Schools serving 1223 Terrace St
School District:Muskegon City School District
| Name | Grades | Distance |
|---|---|---|
Muskegon Middle School 1150 Amity Avenue, Muskegon, MI 49442 | 6-8 | 1.4 mi |
Muskegon High School 80 West Southern Avenue, Muskegon, MI 49441 | 8-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1223 Terrace St
Tax History
Tax History for 1223 Terrace St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,922
3%
$85,800
59%
2023
$2,826
5%
$53,800
5%
2022
$2,679
53%
$51,300
20%
2021
$1,748
1%
$42,800
15%
2020
$1,728
6%
$37,100
2%
2019
$1,636
—
$36,200
10%
2019
$1,636
2%
$32,800
27%
2018
$1,599
3%
$25,900
6%
2017
$1,550
-6%
$24,500
-10%
2016
$1,653
4%
$27,200
1%
2014
$1,591
—
$27,000
4%
2014
$1,591
7%
$26,000
2%
2013
$1,491
—
$25,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1223 Terrace St
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 790Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,568Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 1,602Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 790Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,568Sq. Ft.
- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 3Total Baths
- 1,440Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 3,134Sq. Ft.
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- Single Family
- Closed
- Updated 2 days ago
- 2Beds
- 3Total Baths
- 1,760Sq. Ft.
1223 Terrace Street, Muskegon, MI 49442 (MLS# 26024005) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1223 Terrace Street is currently listed for $400,000 and was received on May 21, 2026. Want to learn more about 1223 Terrace Street? Do you have questions about finding other Single Family real estate for sale in Muskegon? You can browse all Muskegon real estate or contact a Coldwell Banker agent to request more information.