4737 Territorial Road, Benton Harbor, MI 49022 (MLS# 26031712)

4737 Territorial Road, Benton Harbor, MI 49022

New Listing

$350,000

Property Type: Multi Family Lot Size (sq. ft.): 11,536 Status: Active

Current Price: $350,000 List Date: 6/25/2026 Last Modified: 6/25/2026

Overview

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,

Supplements: 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!

Listing Details MLS# 26031712

Location Property Info

County: Berrien
Street #: 4737
Street Name: Territorial
Suffix: Road
State: MI
Zip Code: 49022
Zip (4): 9276

General Property Info

Lot Measurement: Acres
Lot Square Footage: 11536
Lot Acres: 0.26
Lot Dimensions: 74 x 155
Year Built: 1920
New Construction: No
Road Frontage: 74
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: Yes
Total Parking Spaces: 5
Waterfront: No
School District: Benton Harbor
Basement: Yes

Tax Info

Tax ID #: 11-03-5020-0037-00-2
Taxable Value: 33961
SEV: 52300
For Tax Year: 2025
Seller's Annual Property Tax: 1738.4
Tax Year: 2025
Spec Assessment & Ty: None Known
Homestead %: 0

Remarks Misc

Directions: Corner of Territorial Rd and Third Street in Millburg

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: 3
Unit Description: Main
SqFt: 500
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit #: 2
Unit Description: Main
SqFt: 572
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit #: 4
Unit Description: Upper
SqFt: 496
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 4

Unit #: 5
Unit Description: Upper Studio
SqFt: 496
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Third Street
Property Sub-Type: 2 to 4 Units
Municipality: Benton Charter Twp

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: 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,
Legal: ENTIRE LOT 37 & THE E 10' OF LOT 36 & THE S 6' OF E 76' OF LOT 32 TOWN OF MILLBURG

Lot Description

Corner Lot: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes

Utilities Attached

Electricity Connected: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

None: Yes

Exterior Material

Other: Yes

Heat Source

Electric: Yes

Sale Conditions

None: Yes

Heat Type

Baseboard: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

Electric: Yes

Driveway

Shared Unpaved: Yes

Substructure

Michigan Basement: Yes
Partial: Yes

Owner Pays

Trash Collection: Yes
None: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: None Exterior Material: Other Substructure: Michigan Basement; Partial Lot Description: Corner Lot Sewer: Septic Tank Water: Well Utilities Attached: Electricity Connected Util Avail at Street: Electricity Available; Natural Gas Available Owner Pays: Trash Collection; None Tenant Pays: Electric Heat Source: Electric Heat Type: Baseboard Air Conditioning: Window Unit(s) Driveway: Shared Unpaved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator Unit 4: Range/Oven; Refrigerator

Listing Office: Glassman Real Estate

Listing Agent: Anna Glassman

Last Updated: June - 25 - 2026

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