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1298 Colfax Avenue

Benton Harbor, Michigan 49022

$259,900 $1,095/Mo

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Overview

Bed

Bath

1.52

Acres(Lot)

Description

Great income-producing investment opportunity with two separate rental buildings and strong upside potential. The front house features two 2-bedroom, 1-bath units with the upper unit currently leased at $900/month and the lower unit vacant, allowing immediate additional rental income. The rear building includes six individual rental rooms, shared kitchen, communal full bath, plus a half bath with laundry. Current rents total $2,450/month, not including the vacant unit or three empty rooms, leaving room for increased cash flow. Many updates completed including exterior improvements to the front house, partial roof replacement on the front house, new roof on the rear building, full sewer line replacement, updated kitchen and bath in the upper unit, and updated furnace and electrical in the r ear building. Land Contract financing may be possible. Call for your private showing today!

Property Details

Property Type : Multifamily

Price : $259,900

AD Id : 75985508

MLS Id : 69026008632

Beds : 10

Lot Size : 1.52 Acres

Year Built : 1887

Garage : Paved

County : Berrien

Map

What's Nearby

Nearby Areas

Features

Interior Features

Laundry Facility Roof: Composition,Rubber
Heating & Cooling

Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1887 Total Units: 8 Roof: Composition,Rubber
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal)

Lot Information

Lot Size: 1.52 Lot Dimensions: 223 x 297 Frontage Feet: 223
Property Information

Financing: Cash,Contract,Conventional

Listing Price Information

Original List Price: $279,900
Listing Information

Possession: At Close 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

Tax Information

Annual Tax: $6,884 Parcel Number: 111801250006006
Possession

At Close
Legal Information

Legal Description: Section: 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

Unit 1 Information

# of Bedrooms: 6
Unit 2 Information

# of Bedrooms: 2

School Information

School District: Benton Harbor
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
6830 E Napier Avenue , Benton Harbor, MI, 49022	$315,000	4	--	--
6834 E Napier Avenue , Benton Harbor, MI, 49022	$315,000	4	--	--
561 Heck Court , Benton Harbor, MI, 49022	$89,999	3	--	--
1627 Ogden Avenue , Benton Harbor, MI, 49022	$127,900	4	--	--
180 Emery Avenue , Benton Harbor, MI, 49022	$225,000	4	--	--
468 Colfax Avenue , Benton Harbor, MI, 49022	$165,000	4	--	--
518 & 528 Chippewa Road , Benton Harbor, MI, 49022	$360,000	4	--	--

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/11/2026 @ 23:37

MLS: 69026008632 LISTED BY: Van Homes Team , eXp Realty 888-501-7085 SOURCE: Realcomp II Ltd