318 Houston Avenue, Muskegon, MI 49441

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Sold Price
$735,000
List Price
$825,000
Closing Date
Jun 30, 2026
Days on Market
383
MLS#
25027006
Status
SOLD
Type
Multifamily
Neighborhood
Muskegon County - M

Property 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, 48+ 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. Also includes vacant land at 1138 4th St. & 335 W Muskegon Ave. 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

Additional Information

Owner Pays
None
Taxes
$10,501
Accessibility Features
36' or + Hallway, 42 in or + Hallway, Accessible Bath Sink, Lever Door Handles, Accessible Entrance, Ramped Entrance
Acres
0.20
Basement
Other
Heating
Forced Air, Heat Pump, Ductless
Roofing
Composition, Rubber
School District
Muskegon
Tenant Pays
None
Total Parking Spaces
24
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David Medendorp from Listing Office: Medendorp Real Estate Group.

Selling Agent: Selling Office: .

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