John O'Dowd
Responds Quickly
Century 21 Affiliated - Jackson
(517) 960-2775
64 Total Sales
2 in Downtown Jackson
$124,900 Price Range
223 W Washington Ave Jackson, MI 49201
Downtown Jackson Neighborhood
--
Beds
--
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- Corner Lot
- Laundry Facilities
- High Speed Internet
- Hot Water Heating System
About This Home
As of July 2022CITY CERTIFIED IN 2022. Six unit apartment building in the City of Jackson Central Business District. Unbelievably maintained by same owner for years, the last inspection took under one hour for the entire property. Current cap rate 9% with potential for 12+%. Coin operated laundry produces additional income. Storage space in basement. This cash positive property makes a great addition to its new owner's portfolio. Qualified purchasers may call Commercial REALTOR with your questions to to schedule your private tour.
Last Agent to Sell the Property
Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 06/03/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,582
Year Built
- Built in 1950
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- High Speed Internet
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for sewer, trash collection, water
Community Details
Overview
- 6 Units
- Village Of Jacksonburg Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $17,000
- Gross Income $35,000
- Net Operating Income $18,000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Jackson, MI
-
John O'Dowd
-
Heather Herndon
Heather Herndon
Howard Hanna Real Estate
(517) 742-3134
741 Total Sales
9 in Downtown Jackson
$67K - $324K Price Range
-
Cassie Scramlin
Cassie Scramlin
KW Ascent
(269) 457-5041
134 Total Sales
1 in Downtown Jackson
$155,000 Price
-
Sara Tripp
Sara Tripp
Responds QuicklyXsell Realty
(517) 300-9775
159 Total Sales
1 in Downtown Jackson
$226,000 Price
-
Doug Beiswanger
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 684-2922
405 Total Sales
4 in Downtown Jackson
$25K - $250K Price Range
-
Debra Kruse
Debra Kruse
Responds QuicklyCentury 21 Affiliated - Jackson
(517) 960-2766
48 Total Sales
1 in Downtown Jackson
$130,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Attorney | ||
| Shelby Roland J | -- | None Available | |
| Shelby Doris J | -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $230,000 | +2.2% | -- |
| 06/03/2022 06/03/22 | For Sale | $225,000 | -- | -- |
Source: MichRIC
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,488 | $124,100 | $0 | $0 |
| 2025 | $5,488 | $133,700 | $0 | $0 |
| 2024 | $54 | $129,000 | $0 | $0 |
| 2023 | $5,149 | $83,300 | $0 | $0 |
| 2022 | $2,612 | $53,700 | $0 | $0 |
| 2021 | $2,583 | $48,700 | $0 | $0 |
| 2020 | $2,551 | $41,150 | $0 | $0 |
| 2019 | $2,482 | $36,750 | $0 | $0 |
| 2018 | $2,370 | $40,400 | $0 | $0 |
| 2017 | $2,176 | $33,500 | $0 | $0 |
| 2016 | $1,885 | $32,600 | $32,600 | $0 |
| 2015 | $2,273 | $37,750 | $37,750 | $0 |
| 2014 | $2,273 | $35,500 | $35,500 | $0 |
| 2013 | -- | $35,500 | $35,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Beiswanger
Seller's Agent in 2022
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 914-9555
4 in this area
405 Total Sales
-
Pouria Namazi
PN
Buyer's Agent in 2022
Pouria Namazi
NCDG Realty & Property Management
(310) 717-3667
1 in this area
37 Total Sales
Map
Source: MichRIC
MLS Number: 22021881
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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