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Two-Building Multifamily Property
For Sale
$257,900

1298 Colfax Avenue, Benton Harbor, MI 49022

Includes apartments, individual rental rooms, shared facilities, and recent improvements across two separate buildings.

Property Size6,384 SF
Days on Market38

Property Features for 1298 Colfax Avenue

General Information

Standard status Active
Size 6,384 SF
Total Parking Spaces 8
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,884

Amenities

on-site laundry facilities

Building Details

Building Size 6,384 SF
Year Built 1887
Buildings 2
Units 5
Listing Agency: eXp Realty
Listed By: Van Homes Team
Source: Insiderealty
Added: Jul 25 Changed: Aug 28 Last Checked: Aug 28 at 11:29AM

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 comprises two separate rental buildings at 1298 Colfax Avenue in St Joseph Charter Township. Built in 1887, the front structure contains two 2-bedroom, 1-bath apartments. The upper apartment is leased, while the lower apartment is vacant. Improvements to the front building include exterior work, a partial roof replacement, and updates to the upper unit’s kitchen and bathroom.

The rear building provides six individual rental rooms with a shared kitchen, full bath, separate half bath, and on-site laundry. All six rooms are vacant. Recent work to the rear structure includes a new roof, updated electrical service and furnace, exterior repairs, and a new sewer line. The property offers a mix of apartment and room-based layouts within a single multifamily asset.

Key Highlights

  • Two separate rental buildings on one multifamily property
  • Front building includes two 2‑bedroom, 1‑bath apartments
  • Rear building contains six individual rental rooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

125
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Includes apartments, individual rental rooms, shared facilities, and recent improvements across two separate buildings.
Where is this multifamily property located?
The property is located at 1298 Colfax Avenue 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 rental buildings on one multifamily property; Front building includes two 2‑bedroom, 1‑bath apartments; Rear building contains six individual rental rooms
More about this property
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