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493 Catherine Ave, Muskegon, MI, 49441

$139,500

Home List Price

$1,657*

Closing Credit

0 Baths
Multi

Location

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493 Catherine Ave, Muskegon$139,500

Buyer Closing Credits

$1,657*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1875
HeatingNatural Gas, Forced Air
BasementYes
MLS #71024052310
Lot Size0.20 Acres
StatusActive

About 493 Catherine Ave

Welcome to this well-maintained 2-unit rental property, ideal for investors or those seeking an income-generating home! Both units feature 2 spacious bedrooms, 1 full bathroom, and a comfortable layout. Recent updates include fresh exterior paint, giving the property a modern and inviting curb appeal. Located on a generous lot, this property boasts a large barn perfect for storage or potential workshop space, along with plenty of off-street parking for tenants. The large side yard offers ample outdoor space for relaxation or gardening, providing an added appeal for renters. This property is a cash-flowing gem, with great rental history and significant potential for future income. Don't miss this opportunity to add a solid investment to your portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1875

Listing Office:

  • Office Name: Coldwell Banker Woodland Schmidt
  • Office Phone: (616) 396-5221
  • Listing Agent: Mallorie Kragt

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Garages

Virtual/3D Tour

  • Virtual Tour: 493 Catherine Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Apple to Wood St South to Catherine East to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,500

Tax Information:

  • Annual Amount: $1,400
  • Tax Year: 2021
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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

493 Catherine Ave vs Muskegon

48 DAYS ON ROCKET

+19 Days

$139,500

-$46K Less

KEY TAKEAWAY

This property is $46K 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: #71024052310

Listing Office:

  • Office Name: Coldwell Banker Woodland Schmidt
  • Office Phone: (616) 396-5221
  • Listing Agent: Mallorie Kragt

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, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 25, 2019Home Sold
$38,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,400$22,700
2020$1,010$22,200
2019$979$18,300
2018$966$16,100
2017$966$15,800

History based on county public records data.

Payment Calculator

$764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$485

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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-473225
4
/10

  • Oakview Elementary School

  • 1420 Madison St

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-473226
2
/10

  • Moon Elementary School

  • 1826 Hoyt St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-473227
4
/10

  • Marquette Elementary School

  • 480 Bennett St

  • 1.20 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,826. Most Muskegon, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Muskegon County›Muskegon›49441›493 Catherine Ave

This home is located at 493 Catherine Ave in Muskegon, MI and zip code 49441 in the Angell neighborhood. This home, which was built in 1875, sits on a 0.20 acre lot. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $139,500.

In October 2024 more than 37 listings in Muskegon, MI were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 54 were sold below. The inventory of homes for sale in Muskegon, MI between September 2024 and October 2024 increased by 3%. While the average time on the market in October 2024 was 29 days, the median list price was $185,571.

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

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