111 E Grand Avenue, Muskegon, MI 49442

$229,900

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https://www.propertypanorama.com/instaview/wmlar/26046086

Property Type: Multi Family Lot Size (sq. ft.): 10,977 Status: Active

Current Price: $229,900 List Date: 8/31/2026 Last Modified: 10/10/2026

Overview

Description

Well maintained 3 unit property offering a turn-key income producing opportunity for the new owner. All 3 units are occupied with a total monthly income of $2700, Annual income of $32,400. This property offers a main floor 3 bedroom unit with access to the basement for laundry and storage renting for $1200/mo. 2 upper level units with 1 bedroom each renting for $750/mo each. New roof 3 years ago, fresh exterior paint 4 years ago, new boiler 5 years ago. Various cosmetic upgrades throughout all units. Owner pays gas, water, and trash. Tenants pay electric. Great opportunity to earn passive income for a seasoned or new investor! Photos used in listing were taken after each unit refresh. All units are occupied with tenants in leases. To limit tenant disruptions, seller requests showings with 48 hour notice, to qualified buyers only. Buyer to verify all information.

Listing Details MLS# 26046086

Location Property Info

County: Muskegon
Street #: 111
Street Direction: E
Street Name: Grand
Suffix: Avenue
State: MI
Zip Code: 49442
Zip (4): 5092

General Property Info

Lot Measurement: Acres
Lot Square Footage: 10977
Lot Acres: 0.25
Lot Dimensions: 89x128
Year Built: 1940
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2022-10-21
Road Frontage: 87126
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Parking Spaces: 4
Waterfront: No
School District: Muskegon

Tax Info

Tax ID #: 24-205-279-0001-00
Taxable Value: 48594
SEV: 115200
For Tax Year: 2025
Seller's Annual Property Tax: 2905
Tax Year: 2025
Spec Assessment & Ty: none known

Remarks Misc

Directions: Peck st to Grand to home.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: Main Floor
SqFt: 1248
Occupied: Yes
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: Upper Unit
SqFt: 624
Occupied: Yes
Monthly Rent: 750
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: Upper Unit
Occupied: Yes
Monthly Rent: 750
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: In Basement Exterior Material: Wood Siding Roofing: Composition Substructure: Full Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: None Extras: Sep Electric Meter Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Hot Water; Radiant Driveway: Gravel Street Type: Paved; Public Mineral Rights: No Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator; W/D Hookup Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator

Listing Office: Real Estate West

Listing Agent: Thomas A Serio

Last Updated: October - 10 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.