Two-Building Multifamily
New
For Sale
$257,900
1298 Colfax Ave, Benton Harbor, MI 49022
Two residential structures offer apartment space, updated systems, and flexible occupancy across one parcel.
Property SizeContact for details
Days on Market3
Property Features for 1298 Colfax Ave
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,884
Building Details
Year Built
1887
Buildings
2
Units
5
Tenancy
Multi
Listing Agency:
eXp Realty
(269) 369-0948
Listed By:
Van Homes Team
(269) 369-0948
Source:
Elliman
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 10 at 5:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This multifamily property includes two separate residential buildings on a single parcel. The front structure contains two two-bedroom, one-bath apartments, with one unit leased and the other vacant. Improvements include exterior work, partial roof replacement, and an updated kitchen and bathroom in the upper apartment.
The rear building provides multiple bedrooms, one and one-half baths, a kitchen, and laundry facilities. Its improvements include a new roof, electrical updates, a furnace upgrade, exterior repairs, and a new sewer line extending to the street. The property is located at 1298 Colfax Ave in Fair Plain, Michigan, and was built in 1887.
The rear building provides multiple bedrooms, one and one-half baths, a kitchen, and laundry facilities. Its improvements include a new roof, electrical updates, a furnace upgrade, exterior repairs, and a new sewer line extending to the street. The property is located at 1298 Colfax Ave in Fair Plain, Michigan, and was built in 1887.
Key Highlights
- Two separate multifamily buildings on one parcel
- Front building includes two 2‑BR, 1‑bath apartments
- Rear building has multiple bedrooms, 1.5 baths, kitchen, and laundry
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
336
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two residential structures offer apartment space, updated systems, and flexible occupancy across one parcel.
Where is this multifamily property located?
The property is located at 1298 Colfax Ave Benton Harbor, MI.
What is the asking price?
The asking price for this property is $257,900.
What are key features of this property?
This property features: Two separate multifamily buildings on one parcel; Front building includes two 2‑BR, 1‑bath apartments; Rear building has multiple bedrooms, 1.5 baths, kitchen, and laundry
