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Historic Duplex with Updated Systems
For Sale
$161,000

468 Colfax Ave, Benton Harbor, MI 49022

Two-tenant residential property with preserved character, renovated building systems, and separate kitchens.

Property SizeContact for details
Days on Market116

Property Features for 468 Colfax Ave

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,868

Building Details

Year Built 1930
Units 2
Listing Agency: Siriano Realty
Listed By: Dawn Munoz Lamas · License #6504274768
Source: Elliman
Added: May 8 Changed: Aug 31 Last Checked: Aug 30 at 7:20PM

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 Siriano Realty

Investment Insights

Based on property information with market context.

This 1930 duplex occupies a historic home with two long-term tenants on month-to-month leases. Original woodwork, high ceilings, and wood flooring retain the building’s period character, while the roof, siding, windows, furnace, mechanical systems, and electrical service have been updated. Separate kitchens add functional flexibility for the existing residential arrangement. Tenants pay all utilities.

The property is located at 468 Colfax Ave in Benton Harbor, positioned on elevated ground overlooking the surrounding area toward the St. Joe River. It is approximately 5 minutes from Lake Michigan, downtown St. Joe, and Harbor Shores Resort. The building may also be converted to single-family use, subject to applicable requirements.

Key Highlights

  • Duplex with 2 long‑term tenants on month‑to‑month leases
  • 1930 construction with original woodwork, high ceilings, and wood flooring
  • Updated roof, siding, windows, furnace, mechanical systems, and electrical service

Property Analytics

Current Use

Nate Dogg Productions Marketing & Advertising

Suggested Use

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

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

487
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-tenant residential property with preserved character, renovated building systems, and separate kitchens.
Where is this duplex located?
The property is located at 468 Colfax Ave Benton Harbor, MI.
What is the asking price?
The asking price for this property is $161,000.
What are key features of this property?
This property features: Duplex with 2 long‑term tenants on month‑to‑month leases; 1930 construction with original woodwork, high ceilings, and wood flooring; Updated roof, siding, windows, furnace, mechanical systems, and electrical service
More about this property
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