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!
Active
Price cut: $8K (8/28)
$249,900
1298 Colfax Ave, Benton Harbor, MI 49022
7beds
4baths
2,593sqft
2 to 4 Units
Built in 1887
-- sqft lot
$-- Zestimate®
$96/sqft
$-- HOA
What's special
- 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#: 26041256
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
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $249,900-3.1%$96/sqft |
Source: | ||
| 8/7/2026 | Listed for sale | $257,900-0.8%$99/sqft |
Source: | ||
| 8/5/2026 | Listing removed | $259,900$100/sqft |
Source: eXp Realty #69026033559 Report a problem | ||
| 7/2/2026 | Listed for sale | $259,900$100/sqft |
Source: eXp Realty #69026033559 Report a problem | ||
| 6/24/2026 | Listing removed | $259,900$100/sqft |
Source: eXp Realty #26008632 Report a problem | ||
| 5/7/2026 | Contingent | $259,900$100/sqft |
Source: | ||
| 4/23/2026 | Price change | $259,900-7.1%$100/sqft |
Source: | ||
| 3/7/2026 | Listed for sale | $279,900+99.9%$108/sqft |
Source: | ||
| 8/30/2023 | Sold | $140,000$54/sqft |
Source: | ||
| 7/19/2023 | Contingent | $140,000$54/sqft |
Source: | ||
| 7/17/2023 | Price change | $140,000-15.2%$54/sqft |
Source: | ||
| 6/28/2023 | Listed for sale | $165,000$64/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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




