Stephanie Lashuay
BEDS0
BATHS
MLS#26033270
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMuskegon
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. Muskegons 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 dont sit long -- schedule your private showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Forced Air
Lot Size: 0.11 Acres
Taxes: $2,709
Year Built: 1940
Feature Descriptions
Days on Site: 8
Exterior: Aluminum Siding
Lot: Corner Lot
Lot Dimensions: 40x124
Owner Pays: Water, Sewer, Gas
Parcel Number: 24-185-101-0020-00
Parking Total: 6
Sub Type: 2 to 4 Units
Tenant Pays: None, Electric
Units: 4
Utilities: Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Local Schools
School District: Muskegon
Listed By / Shown By
Listed By
Agency Name: Clear Realty Group
Agent Name: Tyler Johnson
Agency Phone: 616-799-2903
Shown By
Agent Name: Stephanie Lashuay
Agent Phone: Cell: (616) 745-5880
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 07/10/2026. |
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Estimated Payment
$ 1,844.23 per month $1,538.27 Principal & Interest $225.75 Property Tax $80.21 Homeowner's InsuranceChange Payment Information
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1607 Elwood Street | MLS# 26033270
This multi-family property located at 1607 Elwood Street, Muskegon, MI 49442 is currently listed for sale with an asking price of $275,000. Elwood Street is located within the Muskegon school district. Search Muskegon real estate on stephanielashuay.ikeyrealty.com today.