318 Houston Avenue
Muskegon, MI 49441

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Description

318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset. The main floor features elegant shared office and conference areas with three fireplaces and one handicap-accessible bathroom. The lower level includes a full kitchen, two half bathrooms, and a private rear entranceideal for subleasing, hosting events, or converting into additional living space. The third level includes two half bathrooms and the fourth floor features a two-bedroom apartment with in-unit laundry and one ful bathroom. With a total of five half bathrooms and one full bathroom, 24 private parking spaces, and income exceeding $100,000 annually, the Hovey House mansion presents a rare opportunity to own a piece of Muskegon's history while benefiting from a flexible, income-producing layout in the heart of a vibrant lakeshore community. Additional Commerical Listing under MLS # 25026979

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Muskegon County
• Zip Code: 49441
• Year Built: 1880
• School District: Muskegon
• Units: 11 units
• Basement: Yes, Yes
• # of Parking Spaces: 24
• Lot Size: 8712 sq ft lot
• Accessibility: Yes, See Accessibility Features
• Accessibility Features: 36' or + Hallway, 42 in or + Hallway, Accessible Bath Sink, Lever Door Handles, Accessible Entrance, Ramped Entrance
• Construction Materials: Concrete, Wood Siding
• Cooling: Central Air
• Cross Street: W Muskegon Ave & 4th
• Directions: Seaway To Third To Houston next to Nelson Place 3 blocks to the Muskegon convention center
• Driveway: Concrete
• Financial Available: No
• Gross Income: 100000
• Heat Source: Natural Gas
• Heat Type: Forced Air, Heat Pump, Ductless
• Heating: Forced Air, Heat Pump, Ductless
• Lot Size Area: 0.2
• Lot Size Square Feet: 8712
• Lot Size Units: Acres
• MLS Area Major: Muskegon County - M
• MLS Area Minor: Muskegon County - M
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 11
• Ownership: Private Owned
• Parcel Number: 24-205-349-0012-00
• Parking Features: Concrete
• Possession: Negotiable
• Road Frontage: 248
• Road Surface Type: Paved
• Roof: Composition, Rubber
• SEV: 330700
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI1MDI3MDA2IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTAzLTI0VDIyOjQyOjMyLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.cKpolzlKo0YXp8KOggwXB3xWv9BLvVWcBkJ3DJ4Pu-s/badge
• Spec Assessment Ty: none known
• Street Type: Easement, Paved, Public
• Tax Annual Amount: 10501
• Tax Legal Description: CITY OF MUSKEGON REVISED PLAT 1903 LOT 12 & E 1/2 OF LOT 11 BLK 349 ALSO S 1/2 OF VAC ALLEY ADJ ALSO LOT 1 BLK 349 AND N 1/2 OF VAC ALLEY ADJ
• Tax Year: 2024
• Terms Available: Cash, Conventional
• Township: Muskegon City
• Util Availat Street: Cable Available, Electricity Available
• Utilities: Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available
• Water Source: Public Water
• Zoning Description: B1