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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Muskegon Heights, MI

$ 143,000
ROI
31.9
Cash Flow/m
484- 4 Bed
- 3 Bath
- 2855 sft
2920 8th St, Muskegon Heights, MI, 49444

$ 159,900
ROI
30.4
Cash Flow/m
473- 3 Bed
- 2 Bath
- 1564 sft
3037 Lemuel St, Muskegon Heights, MI, 49444

Currently Rented
$ 180,000
ROI
37.2
Cash Flow/m
874- 5 Bed
- 3 Bath
- 2545 sft
2913 5th St, Muskegon Heights, MI, 49444

$ 159,900
ROI
30.0
Cash Flow/m
454- 4 Bed
- 2 Bath
- 1460 sft
2541 Jefferson St, Muskegon Heights, MI, 49444
Why Invest in Muskegon Heights, Michigan?
Investing in multi-family properties in Muskegon Heights, MI offers diverse opportunities driven by steady rental demand and competitive cap rates. The city's affordable average rent and solid rental yields make it an attractive market for investors seeking stable cash flow and appreciation potential. Current metrics show an average ROI aligned with regional economic growth. With a strong renter-occupied population and ongoing community development, multi-family investments here are well-positioned for consistent returns.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$750/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average cap rate for multi-family properties in Muskegon Heights is around 6.8%, reflecting steady investment potential.
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