$99,999
$10K PRICE DROP

1306 Terrace St Muskegon, MI 49442

McLaughlin Neighborhood

Estimated payment $668/month

Total Views 4,853
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Wood Siding
  • 1-minute walk to McLaughlin Community Park
  • Forced Air Heating System

About This Home

Great investment opportunity in a fast-growing part of town. This side-by-side duplex features two units: a 2-bed, 1-bath rented month-to-month at $1,000, and a 1-bed, 1-bath ready for your updates or personal use. Both have private entrances, spacious layouts, and plenty of original character. The property sits on a large fenced lot with mature trees, offering yard space and room for value-add improvements. Whether you're looking to house hack or expand your rental portfolio, this property delivers strong potential and flexibility. Seller offering 3% concessions!

Listing Agent

Rachel Kokosenski

Keller Williams GR North (Downtown) License #6501448116 Listed on: 06/19/2025

Keller Williams GR North (Downtown)

Co-Listing Agent

Mike Smallegan

Keller Williams GR North (Downtown) License #6506048009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1930

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 66 x 77

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,528

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 77
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Crawl Space: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 99999.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 66 x 77
  • Lot Size Sq Ft: 5097.0
  • Zoning Description: res

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1527.66
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,528 $50,900 $0 $0
2024 $285 $39,300 $0 $0
2023 $272 $30,100 $0 $0
2022 $1,402 $22,100 $0 $0
2021 $846 $19,300 $0 $0
2020 $828 $15,300 $0 $0
2019 $813 $14,100 $0 $0
2018 $795 $12,700 $0 $0
2017 $771 $13,000 $0 $0
2016 $141 $12,600 $0 $0
2015 -- $12,000 $0 $0
2014 $126 $11,900 $0 $0
2013 -- $11,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $99,999 0.0% --
06/19/2025 06/19/25 For Sale $99,999 -7.3% --
05/06/2025 05/06/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $107,900 -0.9% --
04/21/2025 04/21/25 Price Changed $108,900 -0.9% --
03/27/2025 03/27/25 For Sale $109,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure -- None Listed On Document
Land Contract $60,000 None Available
Land Contract -- None Available
Land Contract -- None Available
Warranty Deed $13,000 Town & Country Title Agency
Warranty Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 Land Contract Argmt. Of Sale
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25011935

Southwestern Michigan Association of REALTORS®

APN: 24-205-259-0001-00

Michigan Muskegon County Muskegon 49442 McLaughlin

1306 Terrace St, Muskegon, MI

This home is located at 1306 Terrace St, Muskegon, MI 49442 and is currently priced at $99,999. This property was built in 1930. 1306 Terrace St is a home located in Muskegon County with nearby schools including Three Oaks Public School Academy, Muskegon Maritime Academy, and Muskegon Covenant Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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Rachel Kokosenski
Listing Agent
Rachel Kokosenski
Section Image
Keller Williams GR North (Downtown)
(231) 442-0956