$2,613 Closing Credit¹
#65024061113, Rene Guzman, Listing Office: 1st Advantage Realty
$220,000 List price
1607 Elwood St Muskegon, MI 49442
$2,613
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1607 Elwood St
Prime investment opportunity in a sought-after Muskegon location! This solid 4-plex sits on a sound foundation with a new roof (just 2 years old), ensuring lasting durability. Three of the four units are already rented, providing immediate income potential, while the fourth unit offers an opportunity to add value with updates. The property has natural light, functional layouts and strong structural integrity. Situated in a growing rental market, this is a fantastic chance to expand your portfolio with a turnkey multifamily property. Don't miss out--schedule your showing today!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.11 Acres
Year built1940
MLS #65025009320
Summary
- MLS Number: 65025009320
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Keller Williams GR North
- Office Phone: (616) 447-9100
- Listing Agent: Rachel Kokosenski, Michael Smallegan
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$220,000
1607 Elwood St
$2,613
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $91,900 | $2,620 |
| 2023 | $73,000 | $2,485 |
| 2022 | $52,700 | $2,445 |
| 2021 | $43,500 | $2,392 |
| 2020 | $42,800 | $2,296 |
| 2019 | $41,600 | $2,225 |
| 2018 | $37,000 | $2,194 |
| 2017 | $35,800 | $2,194 |
History based on county public records data.
Nearby schools
4
Oakview Elementary School
Public District PK-5
0.5 mi
•1420 Madison St
2
Moon Elementary School
Public District PK-5
0.6 mi
•1826 Hoyt 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 $30,899. The most common annual income of people living in Muskegon, MI is less than $<35k. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
35%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
35%
Single, No Kids
41%
Single, with Kids
8%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1607 Elwood St in Muskegon, MI and zip code 49442 in the Marsh Field neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $220,000.
In February 2025, from all listings sold in Muskegon, MI there were more than 19 sold above asking price, over 38 sold below and more than 17 were sold right at the asked price. Between January and February 2025, Muskegon, MI real estate market has seen decrease in the number of listings by 4%. In February 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $190,211.
From Rocket Homes Real Estate and based on county public records data.