Income-Producing Multifamily Investment
1298 Colfax Avenue, Benton Harbor, MI 49022
- Added:
- Mar 7, 2026
- Days on Market:
- 75
- Last Refresh:
- May 21 at 12:06 pm
Property Features for 1298 Colfax Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Rooms
- Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 10, Bedroom 1, Basement, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 9
- Parking
- 7
- Basement
- Full
- Standard status
- Active Under Contract
- APN
- 11-18-0125-0006-00-6
- Lot size
- 1.52 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- COM 2466.95' S OF NE COR SEC 25 T4S R19W TH S 223.1' (REC AS 222.75') TH W 330' TH N 223.1' (REC AS 222.75') TH E 330' TO BEG
- Tax Annual Amount
- 6884
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1887
- Number of units
- 8
- Building materials
- Brick, Wood Siding
- Roof type
- Composition, Rubber
Listing agent Van Homes Team (269) 369-0948
Listing office eXp Realty 2724 Niles Ave Suite 2, St. Joseph, MI (888) 501-7085
Listing date Mar 7, 2026
MLS# 26008632
Listing URL
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.
HighLights
- Income‑producing investment property with strong upside potential.
- Two separate rental buildings included.
- Front house has two 2‑bedroom, 1‑bath units; one currently leased at $900/month.
- Rear building includes six individual rental rooms generating $2,450/month.
- Recent updates include roof replacements, sewer line replacement, and interior improvements.
- Land Contract financing may be possible.
Overview
This property presents an income-producing investment opportunity, featuring two separate rental buildings with potential for increased cash flow. The front house contains two 2-bedroom, 1-bath units. The upper unit is currently leased at $900 per month, while the lower unit is vacant, offering immediate additional rental income. The rear building includes six individual rental rooms, a shared kitchen, a communal full bath, and a half bath with laundry. The current rents total $2,450 per month, not including the vacant unit or three empty rooms. Updates have been completed, including exterior improvements to the front house, a partial roof replacement on the front house, a new roof on the rear building, a full sewer line replacement, an updated kitchen and bath in the upper unit, and updated furnace and electrical in the rear building. The property is located in Benton Harbor, MI, situated on a 1.52-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Benton Harbor
- County
- Berrien
- State
- Michigan
- Longitude
- -86.45665
- Latitude
- 42.094649
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two buildings with rental upside in Benton Harbor, Michigan.
Where is this apartment building located?
The property is located at 1298 Colfax Avenue Benton Harbor, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Income‑producing investment property with strong upside potential.; Two separate rental buildings included.; Front house has two 2‑bedroom, 1‑bath units; one currently leased at $900/month.
