Skip main navigation
Active
  • Price cut: $8K (8/28)
    $249,900

    1298 Colfax Ave, Benton Harbor, MI 49022

    7beds
    4baths
    2,593sqft
    : 
    $1,822/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1887
    -- sqft lot
    $-- Zestimate®
    $96/sqft
    $-- HOA

    What's special

    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!
    34 days
    666
    39

    Zillow last checked:

    Listing updated:

    Listed by:

    Van Homes Team 269-369-0948,

    eXp Realty 888-501-7085

    Source: MichRIC,MLS#: 26041256MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Laundry: Common Area, Main Level
      Features
      • Basement: Full,Slab
      Interior area
      • Total interior livable area: 2,593 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Paved
      Lot
      • Size: 1.69 Acres
      • Dimensions: 233 x 297
      • Features: Ravine, Wooded
      Details
      • Parcel number: 111801250006006

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Brick, Wood Siding
      • Roof: Composition,Rubber
      Condition
      • New construction: No
      • Year built: 1887

      Utilities & green energy

      • Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

      Community & HOA

      Location
      • Region: Benton Harbor

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $108,212
      • Annual tax amount: $6,884
      • Date on market: 8/7/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Water, Sewer, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,394/mo

        Price history

        DateEventPrice
        8/28/2026Price change$249,900-3.1%$96/sqft
        Source: MichRIC #26041256 Report a problem
        8/7/2026Listed for sale$257,900-0.8%$99/sqft
        Source: MichRIC #26041256 Report a problem
        8/5/2026Listing removed$259,900$100/sqft
        Source: eXp Realty #69026033559 Report a problem
        7/2/2026Listed for sale$259,900$100/sqft
        Source: eXp Realty #69026033559 Report a problem
        6/24/2026Listing removed$259,900$100/sqft
        Source: eXp Realty #26008632 Report a problem
        5/7/2026Contingent$259,900$100/sqft
        Source: MichRIC #26008632 Report a problem
        4/23/2026Price change$259,900-7.1%$100/sqft
        Source: MichRIC #26008632 Report a problem
        3/7/2026Listed for sale$279,900+99.9%$108/sqft
        Source: MichRIC #26008632 Report a problem
        8/30/2023Sold$140,000$54/sqft
        Source: MichRIC #23022646 Report a problem
        7/19/2023Contingent$140,000$54/sqft
        Source: MichRIC #23022646 Report a problem
        7/17/2023Price change$140,000-15.2%$54/sqft
        Source: MichRIC #23022646 Report a problem
        6/28/2023Listed for sale$165,000$64/sqft
        Source: MichRIC #23022646 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,907 +48%$119,500 +16.9%
        2024$3,315 $102,200 +0.7%
        2023-- $101,500 +38.7%
        2022$3,030 $73,200 -3.7%
        2021-- $76,000 +1.5%
        2020$2,837 +1.5%$74,900 +17.4%
        2019$2,795 +7%$63,800 +1.6%
        2018$2,613 +2.6%$62,800 -0.2%
        2017$2,547 +0.3%$62,900 +1.3%
        2016$2,540 +26.8%$62,100 +5.4%
        2015$2,004 $58,900 +2.6%
        2014-- $57,400 +0.5%
        2013-- $57,100 +4.6%
        2012-- $54,600 -4%
        2011-- $56,900 +3.6%
        2010-- $54,900 -41.3%
        2009-- $93,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Fair Plain

        Getting around

        32 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts