1298 Colfax Avenue, Benton Harbor, MI 49022 (MLS# 26041256)

1298 Colfax Avenue, Benton Harbor, MI 49022

$249,900

Property Type: Multi Family Lot Size (sq. ft.): 73,616 Status: Active

Current Price: $249,900 List Date: 8/07/2026 Last Modified: 8/28/2026

Overview

Description

Exceptional investment opportunity with multiple income streams and significant upside potential! This unique property features two separate rental buildings on one parcel. The front building includes two 2-BR, 1-bath apts, with the upper unit currently leased at $900/mo and the lower unit vacant, offering the flexibility to generate additional rental income immediately or occupy the unit yourself. The rear building features multiple bedrooms, 1.5 baths, kitchen & laundry, creating additional income possibilities. Numerous capital improvements have already been completed, including exterior updates & partial roof replacement on the front building, a brand-new roof and updated electrical, furnace, and exterior repairs to the rear building, new sewer line to the street, updated kitchen and bathroom in the upper apartment. Whether you're looking to expand your investment portfolio or capitalize on a property with strong cash-flow potential, this is an opportunity you don't want to miss!

Listing Details MLS# 26041256

Location Property Info

County: Berrien
Street #: 1298
Street Name: Colfax
Suffix: Avenue
State: MI
Zip Code: 49022
Zip (4): 5910

General Property Info

Lot Measurement: Acres
Lot Square Footage: 73616
Lot Acres: 1.69
Lot Dimensions: 233 x 297
Year Built: 1887
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-02-25
Road Frontage: 223
Total # Units: 5
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 6384
Total Parking Spaces: 8
Waterfront: No
School District: Benton Harbor
Association YN: No

Tax Info

Tax ID #: 11-18-0125-0006-00-6
Taxable Value: 108212
SEV: 122900
For Tax Year: 2025
Seller's Annual Property Tax: 6884
Tax Year: 2025
Spec Assessment & Ty: None Known

Remarks Misc

Directions: From Napier Ave, turn north on Colfax Ave. Home will be on your left.

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Main Level House
SqFt: 1096
Occupied: No
Monthly Rent: 950
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: Upper Level House
SqFt: 822
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: Back building
SqFt: 225
Occupied: No
Monthly Rent: 450
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Unit 4

Unit #: 4
Unit Description: Back building
SqFt: 225
Occupied: No
Monthly Rent: 500

Unit 5

Unit #: 5
Unit Description: Back building
SqFt: 225
Occupied: No
Monthly Rent: 600

Property Features

Laundry Features: Common Area; Main Level Exterior Material: Brick; Wood Siding Roofing: Composition; Rubber Substructure: Full; Slab Lot Description: Ravine; Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Laundry Facility Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Refrigerator Unit 2: Range/Oven; Refrigerator

Listing Office: eXp Realty

Listing Agent: Van Homes Team

Last Updated: August - 28 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.