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$275,000 Just Listed
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Property Description
Turnkey, fully occupied 4-unit in an established Muskegon rental corridor -- professionally managed with strong, in-place cash flow. This solid quadplex offers 3,440 sq ft on a corner lot with a great unit mix: three 2-bedrooms and one 1-bedroom, generating $3,650 /mo. in total rent. A 3-year-old roof, brand-new high-efficiency furnace, and newer water heaters mean major systems are handled, keeping this a truly passive hold -- ideal for the portfolio builder or out-of-area investor. Functional layouts and abundant natural light keep the units easy to lease. Muskegon's rental market stays tight, with steady demand near schools, major employers, and the lakeshore. Complete rent roll and current leases are available in the docs section; additional financials available upon request. Fully leased, cash-flowing 4-units don't sit long -- schedule your private showing today!
Full Property Details
Full Property Details for 1607 Elwood St
General
- Price: $275,000
- Taxes: $2,709
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26033270
- Updated: 7/3/2026
- Added to Site: 6 day(s) ago
Parking
- Total Spaces: 6
Location
- County: Muskegon
- Cross Streets: Elwood & E. Forest
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement: Yes
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,966
- Lot Dimensions: 40 x 124
- Lot Features: Corner Lot
- Zoning: RES
Financial Considerations
- Tax Amount: $2,709
- Terms: VA Loan, MSHDA, FHA, Cash, Conventional
- Landlord Pays: Water, Sewer, Gas
- Tenant Pays: None, Electricity
Disclosures and Reports
- Legal Description: CITY OF MUSKEGON CASTENHOLZ SUB DIV OF BLKS 100 101 & 103 TO 120 INCL LOT 20 BLK 101
- Property ID: 24-185-101-0020-00
Listed by Clear Realty Group, Tyler Johnson
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Schools
Schools serving 1607 Elwood St
School District:Muskegon City School District
| Name | Grades | Distance |
|---|---|---|
Moon Elementary School 1826 Hoyt Street, Muskegon, MI 49442 | PK-5 | 0.6 mi |
Muskegon Middle School 1150 Amity Avenue, Muskegon, MI 49442 | 6-8 | 1.2 mi |
Muskegon High School 80 West Southern Avenue, Muskegon, MI 49441 | 8-12 | 0.9 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 1607 Elwood St
Date
Details
Price
Change
Source
7/01/2026
Listed
$275,000
27.91%
MLS
4/18/2025
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1607 Elwood St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,769
431%
$147,600
30%
2025
$521
-80%
$113,300
23%
2023
$2,621
5%
$91,900
26%
2022
$2,485
2%
$73,000
39%
2021
$2,446
2%
$52,700
21%
2020
$2,392
2%
$43,500
2%
2019
$2,349
—
$42,800
3%
2019
$2,349
2%
$41,600
12%
2018
$2,296
3%
$37,000
3%
2017
$2,225
1%
$35,800
2%
2016
$2,194
-7%
$35,000
-4%
2014
$2,368
—
$36,600
-5%
2014
$2,368
7%
$38,400
2%
2013
$2,219
—
$37,800
—
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 1607 Elwood St
1607 Elwood Street, Muskegon, MI 49442 (MLS# 26033270) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1607 Elwood Street is currently listed for $275,000 and was received on July 01, 2026. Want to learn more about 1607 Elwood 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.

