Multi Family Investment Properties for Sale in Muskegon, MI
Listed for sale 7 days ago
$ 325,000
ROI
27.4
Cash Flow/m
691- 7 Bed
- 3 Bath
- 5762 sft
1596 McGraft St, Muskegon, MI, 49441
$ 194,900
ROI
20.1Cash Flow/m
18- 4 Bed
- 2 Bath
- 1450 sft
632 Allen Ave, Muskegon, MI, 49442
Currently Rented
Rental Income
$ 179,900
ROI
22.0Cash Flow/m
111- 4 Bed
- 3 Bath
- 2400 sft
190 W Dale Ave, Muskegon, MI, 49441
Rental Income
$ 219,900
ROI
21.4Cash Flow/m
101- 4 Bed
- 2 Bath
- 1505 sft
2063 Lakeshore Dr, Muskegon, MI, 49441
Why Invest in Muskegon, Michigan?
Multi-family properties in Muskegon, MI offer strong investment potential with stable appreciation around 3% annually. Rental yields average 7-8% driven by consistent demand from renters. Cap rates hover at 8-9% due to affordable acquisition costs near $165K median home values. High renter occupancy supports reliable cash flow of $800+ monthly per unit. Economic stability and low vacancy enhance long-term ROI for investors.
9.5%
Avg. ROI
7.8%
Rental Yield
8.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Affordable entry prices around $165K median with 8% cap rates attract investors. High renter demand and 3% appreciation ensure steady returns. Low vacancy supports reliable cash flow.
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