$299,000

402 Monroe Ave Unit 5 Muskegon, MI 49441

Nelson Neighborhood

Estimated payment $1,839/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 4-minute walk to St Joseph Park

About This Home

Located in the heart of Muskegon, this well-maintained 5-unit apartment complex features two spacious 2-bedroom units and three comfortable 1-bedroom units, all offering generous storage space. The property includes convenient on-site laundry facilities and ample parking. With its excellent condition and strong rental potential, it also offers room for additional income opportunities. For more details or to schedule a private tour, contact Terri today.

Listing Agent

Terri Kitchen

TLK Real Estate Inc. License #6504312334 Listed on: 06/23/2025

Co-Listing Agent

James Kitchen

TLK Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1939

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67x129

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Parking Space
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,073

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1939
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 299000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 67x129
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 2073.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $2,073 $40,600 $0 $0
2024 $387 $39,700 $0 $0
2023 $370 $37,600 $0 $0
2022 $1,902 $38,500 $0 $0
2021 $1,872 $36,100 $0 $0
2020 $1,831 $36,100 $0 $0
2019 $1,798 $35,200 $0 $0
2018 $1,758 $38,100 $0 $0
2017 $1,704 $38,400 $0 $0
2016 $316 $37,900 $0 $0
2015 -- $37,900 $0 $0
2014 $310 $37,600 $0 $0
2013 -- $36,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $299,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25030270

Southwestern Michigan Association of REALTORS®

APN: 24-205-370-0011-00