#71025032432, Mackenzie Bonzelaar, Listing office: Coldwell Banker Woodland Schmidt Grand Haven
Property details
About 1306 Terrace St
Seller is offering 3% in concessions. Excellent investment opportunity in a growing area of town! This side-by-side duplex features two units--one offering 2 bedrooms and 1 bathroom, currently rented month-to-month at $1,000/month, and the other a 1 bed/1 bath unit ready for your updates or to occupy. Each unit has its own private entrance, spacious layout, and original charm throughout. Situated on a large fenced lot with mature trees and ample yard space, there's great potential for value-add improvements. Whether you're looking to house hack or add to your rental portfolio, this property has the flexibility and upside you've been searching for!
Highlights
Summary
- Parking: Paved
- Heating: Forced Air, Natural Gas
- List Price: $99,999
- Annual Tax Amount: $1,478
- Tax Year: 2024
- Directions: Head north on US-31 Neò+0.3 miTake exit 113 for Laketon Aveeò+0.2 miTurn left onto E Laketon Aveeò+1.1 miTurn right onto S Getty Steò+0.2 miTurn left onto Nims Steò+0.5 miTurn left onto Irwin Aveeò+0.3 miTurn right onto Terrace SteóÄ Destination will be on the right
- Year Built: 1930
- Lot Size: 0.12 Acres
- MLS Number: 65025011935
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Keller Williams GR North
- Office Phone: (616) 447-9100
- Listing Agent: Rachel Kokosenski, Michael Smallegan
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 04, 2021 | Home Sold | $60,000 |
Nov 09, 2009 | Home Sold | $13,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $39,300 | $1,478 |
2023 | $30,100 | $1,401 |
2022 | $22,100 | $846 |
2021 | $19,300 | $828 |
2020 | $15,300 | $795 |
2019 | $14,100 | $771 |
2018 | $12,700 | $760 |
2017 | $13,000 | $760 |
History based on county public records data.
Nearby schools
2
Moon Elementary School
Public District PK-5
0.7 mi
•1826 Hoyt St
4
Oakview Elementary School
Public District PK-5
1.0 mi
•1420 Madison St
4
Marquette Elementary School
Public District PK-6
1.6 mi
•480 Bennett St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,750. The majority of Muskegon, MI residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1306 Terrace St
The listing price of 1306 Terrace St property is $99,999.
The property 1306 Terrace St is a multi located in Muskegon, Michigan, 49442.
Active Listing: 1306 Terrace St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1306 Terrace St are: Moon Elementary School (GreatSchools Rating 2/10), Oakview Elementary School (GreatSchools Rating 4/10), Marquette Elementary School (GreatSchools Rating 4/10), Muskegon Middle School (GreatSchools Rating 2/10), North Muskegon Middle School (GreatSchools Rating 7/10), Timberland Academy (GreatSchools Rating 4/10), Muskegon Covenant Academy (GreatSchools Rating 2/10), Muskegon Community Education Center (GreatSchools Rating 2/10), Muskegon High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,478 (source: MLS/based on county public records data).
The last sale was on October 4, 2021 for $60,000 (source: MLS/tax record).
The year of construction for 1306 Terrace St is 1930.
This home is located at 1306 Terrace St in Muskegon, MI and zip code 49442 in the McLaughlin neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $99,999.
While more than 35 listings in Muskegon, MI in June 2025 were sold above asking price, there were more than 25 listings sold at asking price, and more than 33 were sold below. The number of listings in Muskegon, MI increased by 11.5% between May and June 2025. While the average time on the market in June 2025 was 15 days, the median list price was $200,000.