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511 W Clay Ave, Muskegon, MI, 49440

5beds
3baths
2,940sqft
$654,900
$223price/sqft
$4,330/moest. monthly cost
$173,200/yrincome needed

About This Home

Step into a piece of Muskegon history at 511 W. Clay Avenue. A stunning 1880 historic home filled with timeless character and exceptional craftsmanship. Offering 5 bedrooms, 3 full bathrooms, and main floor laundry, this one-of-a-kind residence blends historic elegance with everyday functionality. Inside, you'll find beautiful wood floors, rich mahogany trim, two gas fireplaces, hand-carved doors, and exquisite hand-carved fireplace facade that showcase the incredible detail and artistry throughout the home. The formal dining room and eat-in kitchen create the perfect spaces for gathering, while antique light fixtures collected from around the world add unmatched charm and sophistication. Outside, the pristine landscaping and timeless exterior details make an unforgettable first impression. A rare three-stall detached garage provides ample storage and convenience. Located in the heart of downtown Muskegon, this home is within walking distance to restaurants, coffee shops, shopping, waterfront, and the bike trail. Historic homes of this caliber rarely become available so if you've dreamed of living in downtown Muskegon surrounded by history, charm, and character, this is your opportunity. Call today!

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

--
Moon Elementary SchoolGrades PK-51.3 mi
3/10
Muskegon Middle SchoolGrades 6-82.0 mi
4/10
Muskegon High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1880

Materials

  • Roof: Composition,Shingle
  • Construction materials: Brick,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Double Oven,Dryer,Oven,Range,Refrigerator,Washer
  • Laundry features: In Bathroom,Main Level

Basement

  • Basement: Full

Bathroom1

  • Level: Main

Bathroom3

  • Level: Upper

Bedroom2

  • Level: Main

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Dining Area

  • Level: Main

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Center Island,Eat-in Kitchen
  • Window features: Low-Emissivity Windows
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Kitchen
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,940
  • Total interior livable area: 2,940 sqft

Kitchen

  • Level: Main

Master Bathroom

  • Level: Upper

Master Bedroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 24205324000400

Features

  • Stories: 2
  • Fencing: Wrought Iron

Lot

  • Lot size: 0.27 Acres
  • Features: Ground Cover,Shrubs/Hedges
  • Lot size dimensions: 75 x 146

Parking

  • Total spaces: 3
  • Parking features: Detached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Muskegon County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,311$39,732
Home Insurance *$100$1,200
Property Taxes $599$7,188
Electricity $320$3,848
Total$4,330$51,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,457/yr
40% on housing$129,900/yr
45% on housing$115,466/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 49440$239
Muskegon County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 49440$433
Muskegon County$174

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$674,900
2012-10-18Sold$240,000
2005-10-14Sold$47,601

For Sale by Agent

AgentStephanie Dahlquist
BrokerageFive Star Real Estate - N Musk

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