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167 W Broadway Ave, Muskegon, MI, 49444

$174,900

Home List Price

$2,077*

Closing Credit

0 Baths
Multi

Location

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167 W Broadway Ave, Muskegon$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingNatural Gas, Hot Water
MLS #71024060129
Lot Size0.12 Acres
StatusActive

About 167 W Broadway Ave

Great investment opportunity! This 8-unit rental property in Muskegon Heights generates $3,200 in monthly rental income, with all residential units currently occupied, leaving both commercial store fronts available for even more potential income. The building includes four 1-bedroom, 1-bath units and two studio apartments, offering a solid rental history and potential for future expansion. Located in a special use district, the double-storefront brick building provides endless possibilities. Each unit has separate breaker services, with optional separate gas meters for flexibility. Upper apartments feature hardwood floors, kitchens, and kitchenettes. With its solid structure and great location, this property is ready to continue producing income and grow your portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Five Star Real Estate
  • Office Phone: (231) 733-3080
  • Listing Agent: Ron Zok

Virtual/3D Tour

  • Virtual Tour: 167 W Broadway Ave
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Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Head north on US-31.Take the Sherman Blvd exit toward Muskegon Heights.Turn right onto E Sherman Blvd and continue for approximately 0.8 miles.Turn left onto Baker St and continue for 0.3 miles.Turn right onto W Broadway Ave.Your destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900
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Housing Market Comparison

See how this home compares to others in Muskegon, MI.

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Muskegon, MI

City

Med. Sold Price

$185.5K

Med. Price/SqFt

$161

Avg. Days On Market

29

# of Sold Homes

119

167 W Broadway Ave vs Muskegon

1 DAY ON ROCKET

-28 Days

$174,900

-$10.6K Less

KEY TAKEAWAY

This property is $10.6K less than the Median Sold Price in Muskegon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Michigan Lakeshore Association of REALTORS®
  • MLS Number: #71024060129

Listing Office:

  • Office Name: Five Star Real Estate
  • Office Phone: (231) 733-3080
  • Listing Agent: Ron Zok

IDXDisclaimer: 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 © 2024 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: 11/21/2024, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-172439
2
/10

  • Moon Elementary School

  • 1826 Hoyt St

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-172440
6
/10

  • Campbell Elementary School

  • 1355 Greenwich Rd

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-172441
6
/10

  • Ross Park Elementary School

  • 121 Randall Rd

  • 2.03 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,036. Most Muskegon, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Muskegon County›Muskegon›49444›167 W Broadway Ave

This home is located at 167 W Broadway Ave in Muskegon, MI and zip code 49444. This home, which was built in 1930, sits on a 0.12 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $174,900.

In October 2024, from all listings sold in Muskegon, MI there were more than 37 sold above asking price, over 54 sold below and more than 28 were sold right at the asked price. The inventory of homes for sale in Muskegon, MI between September 2024 and October 2024 increased by 3%. In October 2024 median list price was $185,571 and the average listing age was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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