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8-Unit Apartment Building
For Sale
$209,900

687 Mcguigan Avenue, Benton Harbor, MI 49022

Multi Family, Benton Harbor, MI

Property SizeContact for details
Lot Size0.28 Acres
Days on Market94

Property Features for 687 Mcguigan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Full bathrooms 8
Rooms Bathroom 1, Bedroom 8, Bathroom 7, Bedroom 1, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 5, Bathroom 4, Bathroom 6, Bathroom 8, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 2
Parking 8
Parking features Driveway, Paved or Surfaced
Basement Crawl Space
Elementary school district Benton Harbor
Middle school district Benton Harbor
High school district Benton Harbor
Directions Britain Ave to McCord, North on McCord to McGuigain, West to property. No sign
Standard status Active
APN 11-54-5070-0006-00-9
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 6 & 7 MC DONALD & PACKARDS ADD TO CITY OF BENTON HARBOR
Tax Annual Amount 2650
Legal Description LOT 6 & 7 MC DONALD & PACKARDS ADD TO CITY OF BENTON HARBOR

Utilities

Heating system Wall Furnace

Building Details

Year built 1961
Number of units 8
Roof type Composition
Listing Agency: Sunrise Real Estate, Inc.
Listed By: Brian Newton · License #6502412621
Added: Jul 7 Changed: Oct 2 Last Checked: Oct 8 at 8:06AM
MLS# 26034193

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.

The offering includes two apartment buildings at 687 and 695 McGuigan Avenue, with four units in each building and eight units overall. Each approximately 424-square-foot apartment contains one bedroom, a kitchen, living room, and bathroom. Individual units have separate gas and electric service, while ownership covers water, sewer, and trash. One apartment is vacant and requires freshening before it is leased.

Built in 1961, the property occupies 0.28 acres and features wall-furnace heating, composition roofing, and paved or surfaced parking with a driveway. A vacant lot west of the buildings has historically been used for additional parking and dumpster placement, but that lot is not part of the ownership. The property is located in Benton Harbor, Michigan, in Berrien County.

Key Highlights

  • Eight total apartments across two buildings, with four units in each
  • Approximately 424 square feet per unit with one bedroom, kitchen, living room, and bathroom
  • Separate gas and electric service for each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Pharmacy Hair Salon HVAC Service

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

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Apartments include kitchens, living areas, bathrooms, bedrooms, and separate gas and electric service.
Where is this apartment building located?
The property is located at 687 Mcguigan Avenue Benton Harbor, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Eight total apartments across two buildings, with four units in each; Approximately 424 square feet per unit with one bedroom, kitchen, living room, and bathroom; Separate gas and electric service for each unit
More about this property
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