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Four-Unit Apartment Building on Two Acres
For Sale
$500,000

10477 South Sprinkle Road, Vicksburg, MI 49097

Remodeled four-unit apartment building on a spacious two-acre lot.

Property Size800 SF
Lot Size2.00 Acres
Price / SF$625
Days on Market143

Property Features for 10477 South Sprinkle Road

General Information

Standard status Active
Size 800 SF
Lot size 2.00 Acres
Property subtype Residential Income / Multi Family
Zoning A-1

Taxes and HOA fees

Annual Taxes $6,948

Amenities

Window Units
Baseboard, Electric
false
Yes
No
Common Area
Storage

Building Details

Year Built 1970
Buildings 2
Listing Agency: Coldwell Banker Anchor R.E.
Listed By: Anissa K DeSanctis · License #6501309891
Source: Compass
Added: Apr 26 Changed: Sep 14 Last Checked: Sep 14 at 11:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Anchor R.E.

Investment Insights

Based on property information with market context.

This is a four-unit, all-brick apartment building situated on a 2-acre lot. The property is located near Austin Lake, Long Lake, recreational trails, and parks, with proximity to Kalamazoo and Portage. Units 1 through 3 have been remodeled with new paint, carpet, blinds, kitchen appliances, backsplash, bathroom vanities, shower heads, lighting, and CO/smoke detectors. Each unit has a separate electric meter, with tenants responsible for their electric usage. The property features a 2020 roof, a new asphalt parking lot, and refreshed landscaping. A pole barn with storage rooms is also present. Additional income and utility options include three garage stalls, which can be used by the landlord or offered to tenants, and two sets of landlord-provided washer/dryers for tenant use. The landlord is responsible for property taxes, pole barn electric, well pump, common hallway electric, insurance, trash, and snow plowing. The 2-acre parcel offers potential for expansion or the construction of additional rental units; buyers should verify zoning and planning regulations.

Key Highlights

  • Completely remodeled units 1‑3 with new paint, carpet, blinds, kitchen appliances, backsplash, bathroom vanities, shower heads, lighting & new CO/smoke detectors.
  • Spacious 2‑acre lot with potential for expansion or additional rental units. Buyer to verify zoning/planning.
  • New (2020) roof and new asphalt parking lot.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Bakery Storage Facility Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 49097, MI

11,353
Population
4,861
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
94%
High-School Grad
70.0 sq mi
ZIP Area
162
Density / Sq Mi
$82,051
Median Household Income
$52,585
Median Earnings
$933
Median Rent
$224,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Remodeled four-unit apartment building on a spacious two-acre lot.
Where is this quadplex located?
The property is located at 10477 South Sprinkle Road Vicksburg, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Completely remodeled units 1‑3 with new paint, carpet, blinds, kitchen appliances, backsplash, bathroom vanities, shower heads, lighting & new CO/smoke detectors.; Spacious 2‑acre lot with potential for expansion or additional rental units. Buyer to verify zoning/planning.; New (2020) roof and new asphalt parking lot.
More about this property
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