Address
4737 Territorial Road, Benton Harbor, MI
Price
$ 325,000
Property Attributes
- MLS#26031712
- TypeMulti-Family
- Listing Status Active
- CountyBERRIEN
- CityBenton Harbor
- AreaBenton Charter Twp
- NeighborhoodBenton Charter Twp
- Zip49022
- Style2 to 4 Units
- Year Built1920
- Taxes$ 1738
- Price$ 325,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.26 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Turn-key investment opportunity in the heart of Millburg! This fully renovated four-unit property has undergone a down-to-the-studs transformation, including new insulation, windows, roof, updated electrical, updated plumbing, water heaters, kitchens, flooring, and more. With the major improvements already completed, this property is ready for its next owner to start leasing immediately. The building features two main-floor apartments and two upper-level apartments, including a studio-style unit with its own private exterior entrance. Each unit includes a refrigerator, stove, updated finishes, separate 100-amp electrical service, and its own water heater. The basement has been meticulously organized and labeled, making maintenance and management simple and efficient. Adding even more value, the property includes a large workshop/storage area with potential for additional income opportunities, such as a fifth unit (subject to approvals), shared laundry facility, or tenant storage space. Situated on a corner lot with a generous side yard and dedicated parking, this property offers flexibility and strong income potential. With only exterior siding left to complete, the hard work has already been done--now it's time to lease and collect rents!
| Price History | |
|---|---|
| 6/25/2026 | Listed $350,000 |
| 7/24/2026 | 8$325,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Baseboard |
| Cooling | Window Unit(s) |
| Utilities | Natural Gas Available,Electricity Available,Electricity Connected |
| Possession | Close Of Escrow |
| Construction Materials | Other |
| Year Built | 1920 |
| Tenant Pays | Electric |
| Township | Benton Charter Twp |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| OwnerPays | None,Trash Collection |
| County | Berrien |
| New Construction | No |
| Property Type | Multi Family |
| Status | Active |
| Directions | Corner of Territorial Rd and Third Street in Millburg |
| City | Benton Harbor |
| High School District | Benton Harbor |
| Number Of Units Total | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 11536.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 1738.4 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 33961 |
| MobileHomeRemainsYN | No |
| Legal Description | ENTIRE LOT 37 & THE E 10' OF LOT 36 & THE S 6' OF E 76' OF LOT 32 TOWN OF MILLBURG |
| Senior Community | None |
Interior Features
| Basement | Michigan Basement,Partial |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Laundry Features | None |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Water Source | Well |
| Total Parking | 5.0 |
| Lot Size Area | 0.26 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 74 x 155 |
| Lot Size Acres | 0.26 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49022
Price
Taxes
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 28, 2026 10:46 AM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
