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!
District 18, located between Fairplain Drive and M-139 (St. Joseph Avenue), is a residential and commercial Fair Plain neighborhood with low-slung mid-century blocks and a car-oriented streetscape. The neighborhood’s character concentrates around the Fairplain Drive and M-139 corridor, where small storefront plazas, service counters, and everyday errand stops line the roadway. I don’t have enough verified, neighborhood-specific sources to name truly iconic local businesses or cultural venues here without guessing. Housing reads as practical ranches and split-levels with deep setbacks, while the main arterials carry most of the motion. Side streets feel quieter and more uniform, with pockets of mature trees and wide driveways.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Multi-family interior layout
Laundry & utility
On-site laundry facility available (community amenity)
Heating & cooling
Forced air heating
No cooling system
Exterior features
Brick and wood exterior
Ravine and wooded lot
Paved city/county street access
223 feet frontage
Home design
Multi-family property
Built in 1887
Construction
Basement and slab foundation
Utilities
Natural gas service
Water and sewer provided by landlord/association
Electric provided by landlord/association
Trash removal provided by landlord/association
HOA & community
Association/landlord pays electric, gas, water/sewer and trash removal
On-site laundry facility (community amenity)
Financial info
Five-unit building with individual unit rents reported (unit rents: $950, $900, $450, $500, $600)
Electricity and solar
View estimated energy costs and solar savings for this home
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!
MiRealSource-MiMLS #70550919
Aug 29, 2026
Price Changed
$249,900
$39/sq ft
Aug 7, 2026
Listed
$257,900
$40/sq ft
MiRealSource-MiMLS #70543240
Aug 4, 2026
Listing Removed
—
Jul 2, 2026
Listed
$259,900
$41/sq ft
REALCOMP #69026033559
Aug 3, 2026
Listing Removed
—
Jul 2, 2026
Listed
$259,900
$41/sq ft
MiRealSource-MiMLS #70518313
Jun 23, 2026
Listing Removed
—
Jun 23, 2026
Listing Removed
—
May 7, 2026
Contingent
—
Apr 23, 2026
Price Changed
$259,900
$41/sq ft
Mar 7, 2026
Listed
$279,900
$44/sq ft
REALCOMP #69026008632
May 7, 2026
Contingent
—
May 7, 2026
Listing Removed
—
Apr 23, 2026
Price Changed
$259,900
$41/sq ft
Mar 7, 2026
Listed
$279,900
$44/sq ft
SW Michigan MLS #23022646
Aug 30, 2023
Sold
$140,000
$22/sq ft
Jul 19, 2023
Contingent
—
Jul 17, 2023
Price Changed
$140,000
$22/sq ft
Jun 28, 2023
Listed
$165,000
$26/sq ft
Greater Lansing AoR #70319270
Aug 30, 2023
Sold
$140,000
$22/sq ft
Aug 30, 2023
Sold
$140,000
$22/sq ft
Jul 19, 2023
Contingent
—
Jul 17, 2023
Price Changed
$140,000
$22/sq ft
Jun 28, 2023
Listed
$140,000
$22/sq ft
Jun 28, 2023
Listed
$165,000
$26/sq ft
REALCOMP #69023022646
Aug 30, 2023
Sold
$140,000
$22/sq ft
Jul 19, 2023
Contingent
—
Jul 17, 2023
Price Changed
$140,000
$22/sq ft
Jun 28, 2023
Listed
$165,000
$26/sq ft
SW Michigan MLS #2254488
Oct 16, 2014
Listing Removed
—
Oct 18, 2002
Listed
$118,000
$18/sq ft
SW Michigan MLS #2316013
Jun 6, 2003
Listing Removed
—
Apr 29, 2003
Listed
$118,000
$18/sq ft
SW Michigan MLS #7092448
Mar 7, 1994
Sold
$57,500
$9/sq ft
Aug 17, 1993
Listed
$59,900
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,136 (−25.4%)
2024
$6,884 (+107.7%)
2023
$3,315 (+4.9%)
2022
$3,161 (+4.3%)
2021
$3,030 (+4.9%)
2020
$2,888 (+1.8%)
2019
$2,837 (−16.9%)
2005
$3,415
Public record
Beds
4
Baths
1.5
Stories
—
Lot width
223 ft.
Lot depth
297 ft.
Lot size
1.69 Acres
Year renovated
—
Finished Sq. Ft.
1,918
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,918
Year built
1887
Style
Single Family Residential
County
Berrien County
APN
18-0125-0006-00-6
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Benton Harbor, MI • 49022-5910
Average low and high temperatures (°F)
31
20
36
23
53
34
60
40
65
47
79
61
83
66
79
62
77
58
67
48
51
40
38
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1298 Colfax Ave
There isn’t enough information to generate an accurate estimate at this time. Learn More