Seller's Agent in 2025
Emmett TerBeek
Five Star Real Estate (Rock)
(616) 240-5945
7 in this area
140 Total Sales
298 Mclaughlin Ave Muskegon, MI 49442
McLaughlin Neighborhood
--
Bed
--
Bath
2,049
Sq Ft
6,447
Sq Ft Lot
Highlights
- 1 Fireplace
- Forced Air Heating System
- 4-minute walk to McLaughlin Community Park
About This Home
As of August 2025Gross $2900 Fully Renovated Triplex - Turnkey Investment Opportunity in Muskegon!
Attention investors and aspiring house hackers! This fully renovated triplex offers a fantastic opportunity to live in one unit and rent the others—or rent all three for strong cash flow. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all updated and move-in ready.
Currently fully occupied and cash flowing, this property is a solid addition to any investment portfolio. Located near McLaughlin Community Park, Hackley Stadium, restaurants, and shops, it's ideally positioned in the heart of a growing Muskegon market.
Whether you're looking to expand your real estate holdings or live affordably while building equity, this is the perfect place to start. Don't miss out
Last Agent to Sell the Property
Five Star Real Estate (Rock) License #6501406870 Listed on: 06/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,233
Year Built
- Built in 1920
Lot Details
- 6,447 Sq Ft Lot
- Lot Dimensions are 49x132
Parking
- 2 Parking Spaces
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for electric, trash, gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2025
Closed on
Aug 8, 2025
Sold by
Lewis Matthew
Bought by
Shavalier John and Smith Anthony
Seller's Agent
Emmett TerBeek
Five Star Real Estate (Rock)
Buyer's Agent
Jake Blakeney
Edgerow Properties
List Price
$225,000
Sold Price
$225,000
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.97%
Original Mortgage
$184,000
Outstanding Balance
$184,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$38,099
Purchase Details
Listed on
Mar 3, 2017
Closed on
Jun 26, 2017
Sold by
Groenhout Karen E and Groenhout Blake
Bought by
Rodriguez Alfonso
Seller's Agent
Kendra Marshall
Westshore Realty Group
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$55,000
Sold Price
$38,000
Premium/Discount to List
-$17,000
-30.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%
Original Mortgage
$28,500
Interest Rate
4.02%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Sun Title | |
| Warranty Deed | $38,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,000 | New Conventional | |
| Previous Owner | $28,500 | New Conventional | |
| Previous Owner | $17,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | $225,000 | 0.0% | $110 / Sq Ft |
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | For Sale | $225,000 | +80.0% | $110 / Sq Ft |
| 04/24/2023 04/24/23 | Sold | $125,000 | -10.7% | $61 / Sq Ft |
| 03/04/2023 03/04/23 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $139,900 | +268.2% | $68 / Sq Ft |
| 06/26/2017 06/26/17 | Sold | $38,000 | -30.9% | $19 / Sq Ft |
| 04/24/2017 04/24/17 | Pending | -- | -- | -- |
| 03/03/2017 03/03/17 | For Sale | $55,000 | -- | $27 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $3,233 | $67,400 | $0 | $0 |
| 2024 | $610 | $52,200 | $0 | $0 |
| 2023 | $195 | $33,200 | $0 | $0 |
| 2022 | $992 | $24,500 | $0 | $0 |
| 2021 | $976 | $22,200 | $0 | $0 |
| 2020 | $954 | $17,900 | $0 | $0 |
| 2019 | $937 | $16,500 | $0 | $0 |
| 2018 | $916 | $14,500 | $0 | $0 |
| 2017 | $835 | $14,900 | $0 | $0 |
| 2016 | $157 | $14,400 | $0 | $0 |
| 2015 | -- | $14,000 | $0 | $0 |
| 2014 | $154 | $13,900 | $0 | $0 |
| 2013 | -- | $13,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Emmett TerBeek
-
Jake Blakeney
J
Buyer's Agent in 2025
Jake Blakeney
Edgerow Properties
(616) 240-2019
1 in this area
23 Total Sales
-
Doug Mol
Seller's Agent in 2023
Doug Mol
Five Star Real Estate (Main)
(616) 667-9677
4 in this area
124 Total Sales
-
Kendra Marshall
Seller's Agent in 2017
Kendra Marshall
Westshore Realty Group
(616) 298-6219
19 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25027618
APN: 24-205-260-0006-00
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