Renovated Four-Unit
For Sale
$350,000
4737 Territorial Rd, Benton Harbor, MI 49022
Turn-key four-unit property with separate utilities and private entrance studio on a corner lot with dedicated parking.
Property SizeContact for details
Days on Market32
Property Features for 4737 Territorial Rd
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Glassman Real Estate
(269) 757-6057
Listed By:
Anna Glassman
(269) 757-6057
Source:
Elliman
Added: Jul 4
Changed: Jul 10
Last Checked: Aug 3 at 9:49AM
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 Glassman Real Estate
Investment Insights
Based on property information with market context.
This turn-key four-unit quadplex has been fully renovated, with major improvements completed down to the studs. Updates include new insulation and windows, a new roof, updated electrical and plumbing, water heaters, kitchens, and flooring throughout. The building is arranged with two main-floor apartments and two upper-level apartments, including a studio-style unit with its own private exterior entrance. Each unit is equipped with a refrigerator and stove, updated finishes, separate 100-amp electrical service, and its own water heater. The basement is organized and labeled to support straightforward maintenance and management. Additional space includes a large workshop/storage area, with potential to add income through an optional fifth unit, shared laundry, or tenant storage, subject to required approvals.
The property sits on a corner lot with a generous side yard and dedicated parking, providing practical outdoor space and convenient off-street access for residents.
With the significant capital work already finished and interior readiness supported by unit-by-unit utility separation, this is built for an owner starting leasing immediately. The self-contained setup can simplify tenant turnover and day-to-day operations, while the workshop/storage and possible expansion options offer flexibility for an investor or operator looking to manage the asset efficiently.
The property sits on a corner lot with a generous side yard and dedicated parking, providing practical outdoor space and convenient off-street access for residents.
With the significant capital work already finished and interior readiness supported by unit-by-unit utility separation, this is built for an owner starting leasing immediately. The self-contained setup can simplify tenant turnover and day-to-day operations, while the workshop/storage and possible expansion options offer flexibility for an investor or operator looking to manage the asset efficiently.
Key Highlights
- Fully renovated 4‑unit building (built 1920) with two main‑floor units and two upper‑level apartments
- Studio‑style upper unit with its own private exterior entrance
- Each unit includes a refrigerator and stove, updated finishes, and its own water heater
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 49022, MI
30,143
Population
14,484
Households
2.1
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
67.3 sq mi
ZIP Area
448
Density / Sq Mi
$39,859
Median Household Income
$29,530
Median Earnings
$797
Median Rent
$140,500
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 - Turn-key four-unit property with separate utilities and private entrance studio on a corner lot with dedicated parking.
Where is this quadplex located?
The property is located at 4737 Territorial Rd Benton Harbor, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully renovated 4‑unit building (built 1920) with two main‑floor units and two upper‑level apartments; Studio‑style upper unit with its own private exterior entrance; Each unit includes a refrigerator and stove, updated finishes, and its own water heater
