Search
Two-Building Apartment Property
For Sale
Under Contract
$249,900

1298 Colfax Avenue, Benton Harbor, MI 49022

Multi Family, Benton Harbor, MI

Property SizeContact for details
Lot Size1.69 Acres
Days on Market52

Property Features for 1298 Colfax Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 2
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 7, Bedroom 1, Basement, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 3
Parking 8
Basement Full
Lot features Ravine, Wooded
Elementary school district Benton Harbor
Middle school district Benton Harbor
High school district Benton Harbor
Directions From Napier Ave, turn north on Colfax Ave. Home will be on your left.
Standard status Active Under Contract
APN 11-18-0125-0006-00-6
Lot size 1.69 Acres

Taxes and HOA fees

Tax Year 2025
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
Legal 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

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1887
Number of units 5
Building materials Brick, Wood Siding
Roof type Rubber, Composition
Listing Agency: eXp Realty
Listed By: Van Homes Team · License #6501410977
Added: Aug 7 Changed: Sep 22 Last Checked: Sep 27 at 12:06PM
MLS# 26041256

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.

Investment Insights

Based on property information with market context.

This apartment property comprises two separate residential buildings on a 1.69-acre parcel. The front structure contains two two-bedroom, one-bath apartments; one is leased and the other is vacant. The rear building offers multiple bedrooms, one and a half baths, a kitchen, and laundry facilities, creating a distinct configuration within the same property. Construction includes brick and wood siding, with forced-air heating and composition and rubber roofing systems.

Recent work spans both buildings. Improvements include exterior repairs, partial roof replacement on the front structure, and a new roof, electrical updates, furnace work, and additional exterior repairs at the rear building. The upper front apartment also has an updated kitchen and bathroom, while a new sewer line extends to the street. Built in 1887, the property is located at 1298 Colfax Avenue in Benton Harbor, Michigan.

Key Highlights

  • Two separate apartment buildings occupy a 1.69‑acre parcel
  • Front building contains two 2‑BR, 1‑bath apartments
  • Rear building includes multiple bedrooms, 1.5 baths, kitchen, and laundry

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Separate residential buildings provide varied apartment layouts, shared site improvements, and a vacant unit for immediate occupancy.
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 $249,900.
What are key features of this property?
This property features: Two separate apartment buildings occupy a 1.69‑acre parcel; Front building contains two 2‑BR, 1‑bath apartments; Rear building includes multiple bedrooms, 1.5 baths, kitchen, and laundry
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message