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Four-Unit Quadplex
For Sale
$50,000
Pending

212 W Porter Street, Albion, MI 49224

Multi Family, Albion, MI

Property SizeContact for details
Lot Size0.13 Acres
Days on Market97

Property Features for 212 W Porter Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 1, Bathroom 3, Basement, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 5
Parking 4
Basement Crawl Space
Elementary school district Marshall
Middle school district Marshall
High school district Marshall
Standard status Pending
APN 51-000-869-00
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ALBION CITY, ORIGINAL PLAT BLK 51 PART OF LOTS 8 & 9 - E 10 FT OF LOT 9 & ALL OF LOT 8 EXC A STRIP OFF E SIDE 20 FT WIDE AT N END TAPERING TO 19 FT 5 IN ON S SIDE. (212 W PORTER)
Tax Annual Amount 1690
Legal Description ALBION CITY, ORIGINAL PLAT BLK 51 PART OF LOTS 8 & 9 - E 10 FT OF LOT 9 & ALL OF LOT 8 EXC A STRIP OFF E SIDE 20 FT WIDE AT N END TAPERING TO 19 FT 5 IN ON S SIDE. (212 W PORTER)

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1890
Number of units 4
Building materials Vinyl Siding
Listing Agency: ACE Real Estate Services
Listed By: Joseph Verbeke · License #6502431448
Added: Jun 12 Changed: Sep 12 Last Checked: Sep 16 at 12:06AM
MLS# 26029071

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential income property at 212 W Porter Street includes a basement, four bedrooms, and five bathrooms. Constructed in 1890, the building has vinyl siding, a newer roof, and some newer mechanical components. The property requires substantial additional work, making its current condition an important consideration for evaluation.

The 0.13-acre parcel is positioned one block from Albion’s historic downtown. Natural gas is available, and the property is connected to public sewer. Separate gas and electric meters are already in place for each apartment, providing individual utility metering across the four-unit building.

Key Highlights

  • Four‑unit apartment building on a 0.13‑acre parcel
  • Built in 1890 with vinyl siding
  • Newer roof and some newer mechanical components

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Dental Office

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

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 49224, MI

13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
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 - Each apartment has its own gas and electric meter, with public sewer and forced-air heating serving the property.
Where is this quadplex located?
The property is located at 212 W Porter Street Albion, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Four‑unit apartment building on a 0.13‑acre parcel; Built in 1890 with vinyl siding; Newer roof and some newer mechanical components
More about this property
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