PENDING
$7K PRICE DROP
2128 5th St Muskegon, MI 49444
Estimated payment $416/month
Total Views
10,733
2
Beds
1
Bath
960
Sq Ft
$65
Price per Sq Ft
Highlights
- Forced Air Heating System
- Wood Siding
- 1-Story Property
About This Home
Perfect cash-flowing investment property at an 11% Cap rate with long-term tenant!! Rent is $915 /mo. and the tenant has always paid early for over 5 years! This is also a great starter home for a buyer on a budget! Newer furnace and water heater. Professionally managed. The tenant has been asked to leave since the house is for sale and is looking for new housing, but she would love to stay if the new buyer is an investor. She would not require an eviction if the buyer wants her to be gone by closing. Add this no-brainer investment property to your portfolio today! See P&L pro forma in attached docs
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $830
Lot Details
- 5,009 Sq Ft Lot
- Lot Dimensions are 125x40
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Oven
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $616 | $16,200 | $0 | $0 |
| 2023 | $672 | $13,300 | $0 | $0 |
| 2022 | $917 | $12,700 | $0 | $0 |
| 2021 | $894 | $11,800 | $0 | $0 |
| 2020 | $703 | $10,400 | $0 | $0 |
| 2019 | $690 | $11,500 | $0 | $0 |
| 2018 | $674 | $9,300 | $0 | $0 |
| 2017 | $625 | $9,200 | $0 | $0 |
| 2016 | $421 | $8,600 | $0 | $0 |
| 2015 | -- | $10,400 | $0 | $0 |
| 2014 | -- | $11,200 | $0 | $0 |
| 2013 | -- | $10,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 02/19/2025 02/19/25 | Price Changed | $62,500 | -3.7% | $65 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $64,900 | -7.2% | $68 / Sq Ft |
| 02/04/2025 02/04/25 | Price Changed | $69,900 | +3.6% | $73 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $67,500 | -3.4% | $70 / Sq Ft |
| 01/25/2025 01/25/25 | For Sale | $69,900 | +133.0% | $73 / Sq Ft |
| 06/03/2020 06/03/20 | For Sale | $30,000 | +20.0% | $31 / Sq Ft |
| 03/20/2020 03/20/20 | Sold | $25,000 | -- | $26 / Sq Ft |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $25,000 | None Available | |
| Warranty Deed | $258 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,216,250 | New Conventional | |
| Closed | $35,000 | Commercial |
Source: Public Records
Similar Homes in Muskegon, MI
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25002941
APN: 26-185-051-0017-00
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