Eight-Unit Apartment
For Sale
Under Contract
$214,900
687 Mcguigan Avenue, Benton Harbor, MI 49022
MULTI_FAMILY - Benton Harbor, MI
Property Size3,392 SF
Lot Size0.28 Acres
Price / SF$63.35
Days on Market48
Property Features for 687 Mcguigan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Full bathrooms
8
Rooms
Bathroom 4, Bathroom 7, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 6, Bathroom 8, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1
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 Under Contract
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.
(269) 927-1655
Listed By:
Brian Newton · License #6502412621
(269) 927-1655
Added: Jul 7
Changed: Jul 29
Last Checked: Aug 23 at 4:06PM
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.
This offering is a true eight-unit apartment complex comprised of two separate properties, 687 and 695 McGuigan Avenue, each with four residential units for a total of eight. The units are described as identical, with approximately 424 square feet each and featuring a kitchen, living room, bath, and one bedroom. Each unit has separate gas and electric service. Water/sewer and trash are paid by the owner. At the time of sale, there is one vacant unit that will need freshening up prior to renting.
The package is presented for sale in Benton Harbor, Michigan, with the seller specifically including both addresses. A vacant lot to the west is noted as appearing to provide additional parking and has also been used over the years for parking and the dumpster location. However, the seller does not own this lot.
The configuration should appeal to investors or operators seeking a manageable multifamily setup with consistent unit design across the portfolio. With individual gas/electric metering and owner-paid water/sewer and trash, the property’s operating profile is straightforward. Current leasing status includes several very long-term tenants, alongside the note that units do not remain vacant long when available, subject to the vacancy condition of the single unit noted at listing.
The package is presented for sale in Benton Harbor, Michigan, with the seller specifically including both addresses. A vacant lot to the west is noted as appearing to provide additional parking and has also been used over the years for parking and the dumpster location. However, the seller does not own this lot.
The configuration should appeal to investors or operators seeking a manageable multifamily setup with consistent unit design across the portfolio. With individual gas/electric metering and owner-paid water/sewer and trash, the property’s operating profile is straightforward. Current leasing status includes several very long-term tenants, alongside the note that units do not remain vacant long when available, subject to the vacancy condition of the single unit noted at listing.
Key Highlights
- 8‑unit apartment complex sold with 687 and 695 McGuigan (4 units per building).
- All units are identical, approximately 424 SF each, with 1 bedroom plus kitchen, living room, and bath.
- Each unit has separate gas and electric service.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
87.5%
Occupancy
Location Intelligence
Trade Area within ½ mile
253
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?
Apartment building - Two adjoining four-unit buildings provide identical one-bedroom layouts with utilities individually metered.
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 $214,900.
What are key features of this property?
This property features: 8‑unit apartment complex sold with 687 and 695 McGuigan (4 units per building).; All units are identical, approximately 424 SF each, with 1 bedroom plus kitchen, living room, and bath.; Each unit has separate gas and electric service.
