Four-Unit Multifamily
For Sale
$344,000
521 N Spruce St, Vicksburg, MI 49097
Four single-level units are fully occupied, offering an easy-to-operate setup for an income-focused buyer.
Property SizeContact for details
Days on Market84
Property Features for 521 N Spruce St
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,277
Building Details
Year Built
1963
Units
4
Listing Agency:
Bellabay Realty LLC
(770) 882-6025
Listed By:
Dustin J Phillips
(770) 882-6025
Source:
Elliman
Added: Jun 1
Changed: Aug 14
Last Checked: Aug 22 at 10:36AM
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 Bellabay Realty LLC
Investment Insights
Based on property information with market context.
This is a four-unit multifamily property configured with all units on a single level, avoiding stairs and supporting a straightforward day-to-day layout. The offering is presented as turn-key, and the building is described as being sold with full occupancy already in place.
The property sits on a generous lot just north of downtown Vicksburg. The remarks also indicate the location provides access to local amenities and major commuter routes, with BikeScore and walkability ratings reported as 56 (bikeable) and 64 (somewhat walkable), respectively.
For buyers looking for residential income property, the all-single-level unit arrangement is a practical fit for tenants who prefer one-level living. With full occupancy at the time of sale and a compact four-unit configuration, it can be well suited to an owner-operator or investor seeking a manageable building size and a ready-to-rent situation. The property is also positioned as the only 4-unit multi-family building in the Vicksburg area, adding a degree of local scarcity to the asset profile.
The property sits on a generous lot just north of downtown Vicksburg. The remarks also indicate the location provides access to local amenities and major commuter routes, with BikeScore and walkability ratings reported as 56 (bikeable) and 64 (somewhat walkable), respectively.
For buyers looking for residential income property, the all-single-level unit arrangement is a practical fit for tenants who prefer one-level living. With full occupancy at the time of sale and a compact four-unit configuration, it can be well suited to an owner-operator or investor seeking a manageable building size and a ready-to-rent situation. The property is also positioned as the only 4-unit multi-family building in the Vicksburg area, adding a degree of local scarcity to the asset profile.
Key Highlights
- Only 4‑unit multi‑family building in the Vicksburg area (as stated in the listing)
- Year built: 1963
- Four single‑level units with all units on one level (no stairs)
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four single-level units are fully occupied, offering an easy-to-operate setup for an income-focused buyer.
Where is this quadplex located?
The property is located at 521 N Spruce St Vicksburg, MI.
What is the asking price?
The asking price for this property is $344,000.
What are key features of this property?
This property features: Only 4‑unit multi‑family building in the Vicksburg area (as stated in the listing); Year built: 1963; Four single‑level units with all units on one level (no stairs)
