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$735,000
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Property Description
318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset. Also includes vacant land at 1138 4th St. & 335 W Muskegon Ave. Zoned B-1, the building offers flexible use for professional office space, residential living, or investment purposes. Presently, the property is used as a combination of professional office space and a private apartment. In the past, it has also served as a single-family home and a restaurant, showcasing its versatility. The main floor features elegant shared office and conference room space, while the lower level includes a full kitchen and two bathrooms with a private rear entranceideal for subleasing or hosting events. The third floor offers a spacious 2-bedroom, 1-bath apartment with in-unit laundry, providing additional rental income or a comfortable on-site residence. With income potential exceeding $100,000 annually and 24 private parking spaces, the Hovey House offers a rare blend of historic character and commercial opportunity in the heart of a thriving lakeshore city. Multi-Family Listing MLS # 25027006
Full Property Details
Full Property Details for 318 Houston Ave
General
- Sold For: $735,000
- Taxes: $10,501
- Status: Closed
- Type: Office
- Source: SWMRIC_MLS
- MLS ID: 25026979
- Added to Site: 22 day(s) ago
Business
- Business Type: Professional/Office, Professional Service, Restauran
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Parking
- Total Spaces: 24
Location
- Area: Muskegon County - M
- County: Muskegon
- Cross Streets: Muskegon & 4th Street
- Driving Directions: Seaway To Third To Houston next to Nelson Place 3 blocks to the Muskegon convention center
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Ductless, Forced Air, Heat Pump
Utilities
- Cable Available: Yes
- Utility Description: Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Foundation: Stone, Block
- Roof: Composition, Rubber
- Square Feet: 8,950
- Year Built: 1889
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Frontage: Paved
- Zoning: B1
Financial Considerations
- Tax Amount: $10,501
- Terms: Conventional, Tax-Deferred Exchange, Cash
Disclosures and Reports
- Ownership: Corporation
- Legal Description: CITY OF MUSKEGON REVISED PLAT 1903 LOT 12 & E 1/2 OF LOT 11 BLK 349 ALSO S 1/2 OF VAC ALLEY ADJ ALSO LOT 1 BLK 349 AND N
- Property ID: 24-205-349-0012-00
Listed by Medendorp Real Estate Group, David Medendorp and Seth Koeller
Sold by Five Star Real Estate - N Musk, Kippy Ellis
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Schools
Schools serving 318 Houston Ave
School District:Muskegon City School District
| Name | Grades | Distance |
|---|---|---|
Muskegon Middle School 1150 Amity Avenue, Muskegon, MI 49442 | 6-8 | 1.9 mi |
Muskegon High School 80 West Southern Avenue, Muskegon, MI 49441 | 8-12 | 0.5 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 318 Houston Ave
Date
Details
Price
Change
Source
6/30/2026
Sold
$735,000
-10.91%
MLS
12/16/2025
Price Reduced
$825,000
-5.71%
MLS
7/09/2025
Price Reduced
$875,000
-4.06%
MLS
6/06/2025
Listed
$912,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 Houston Avenue, Muskegon, MI 49441 (MLS# 25026979) is a Office property that was sold at $735,000 on June 30, 2026. Want to learn more about 318 Houston Avenue? Do you have questions about finding other Office real estate for sale in Muskegon? You can browse all Muskegon real estate or contact a Coldwell Banker agent to request more information.

