Turn-Key Four-Unit Residential
For Sale
$325,000
4737 Territorial Road, Benton Harbor, MI 49022
MULTI_FAMILY - Benton Harbor, MI
Property SizeContact for details
Lot Size0.26 Acres
Days on Market49
Property Features for 4737 Territorial Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 4, Bathroom 2
Parking
5
Basement
Partial
Lot features
Corner Lot
Elementary school district
Benton Harbor
Middle school district
Benton Harbor
High school district
Benton Harbor
Directions
Corner of Territorial Rd and Third Street in Millburg
Standard status
Active
APN
11-03-5020-0037-00-2
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ENTIRE LOT 37 & THE E 10' OF LOT 36 & THE S 6' OF E 76' OF LOT 32 TOWN OF MILLBURG
Tax Annual Amount
1738
Legal Description
ENTIRE LOT 37 & THE E 10' OF LOT 36 & THE S 6' OF E 76' OF LOT 32 TOWN OF MILLBURG
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Well
Building Details
Year built
1920
Number of units
4
Listing Agency:
Glassman Real Estate
(269) 461-6271
Listed By:
Anna Glassman · License #6502432505
(269) 757-6057
Added: Jun 25
Changed: Jul 25
Last Checked: Aug 12 at 8:06AM
MLS# 26031712
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Investment Insights
Based on property information with market context.
This turn-key four-unit residential income property has been renovated with extensive improvements, including new insulation, windows, roof, updated electrical and plumbing, water heaters, kitchens, and flooring. The layout includes 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 property sits on a corner lot with a generous side yard and dedicated parking. The basement is organized and labeled for easier maintenance and management, and there is a large workshop/storage area that could support additional income uses subject to approvals.
Only exterior siding remains to complete the renovation, and the building is structured for straightforward leasing after close.
The property sits on a corner lot with a generous side yard and dedicated parking. The basement is organized and labeled for easier maintenance and management, and there is a large workshop/storage area that could support additional income uses subject to approvals.
Only exterior siding remains to complete the renovation, and the building is structured for straightforward leasing after close.
Key Highlights
- Four‑unit property built in 1920 with two main‑floor apartments and two upper‑level apartments
- Renovations include down‑to‑the‑studs updates: new insulation, windows, roof, updated electrical and plumbing, and new water heaters
- Each unit features a refrigerator and stove, updated finishes, separate 100‑amp electrical service, and its own water heater
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
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 - Renovated four-unit building with dedicated electrical and water heaters for each unit, plus basement organization and a workshop/storage area.
Where is this quadplex located?
The property is located at 4737 Territorial Road Benton Harbor, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four‑unit property built in 1920 with two main‑floor apartments and two upper‑level apartments; Renovations include down‑to‑the‑studs updates: new insulation, windows, roof, updated electrical and plumbing, and new water heaters; Each unit features a refrigerator and stove, updated finishes, separate 100‑amp electrical service, and its own water heater
