BEDS0
BATHS
MLS#26008632
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBenton Harbor
Property 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 rear building.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Slab
Cooling: None
Heating: Forced Air
Lot Size: 1.52 Acres
Roof Type: Composition, Rubber
Taxes: $6,884
Year Built: 1887
Feature Descriptions
Exterior: Brick, Wood Siding
Laundry: Common Area, Main Level
Lot: Ravine, Wooded
Lot Dimensions: 223 x 297
Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
Parcel Number: 11-18-0125-0006-00-6
Parking: Paved
Parking Total: 7
Road Surface: Paved
Sub Type: 5+ Units
Tenant Pays: None
Units: 8
Utilities: Cable Available, Natural Gas Connected, Electricity Connected
Wooded: Yes
Local Schools
School District: Benton Harbor
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 888-501-7085
Agent Name: Van Homes Team
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 03/09/2026. |
Estimate Your Payment
Estimated Payment
$ 2,220.99 per month $1,565.68 Principal & Interest $573.67 Property Tax $81.64 Homeowner's Insurance
1298 Colfax Avenue | MLS# 26008632
This multi-family property located at 1298 Colfax Avenue, Benton Harbor, MI 49022 is currently listed for sale with an asking price of $279,900. Colfax Avenue is located within the Benton Harbor school district. Search Benton Harbor real estate on www.ikeyrealty.com today.