$120,000

Estimated payment $827/month

Total Views 1,715
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Forced Air Heating System
  • Level Lot
  • 1 Fireplace
  • High Speed Internet
  • 3-minute walk to Under the Oaks

About This Home

Located in close proximity to the Central Business District of Jackson MI, this CITY CERTIFIED AND PROFESSIONALLY MANAGED 2 UNIT investment property produces 10%+ CAP Rate. Current owner/investor has maintained this property spectacularly and property remains to have solid tenants. Contact REALTOR with your questions or to schedule your private tour.

Listing Agent

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 09/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 39x151
  • Level Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer

Community Details

Overview

  • 2 Units
  • Village Of Jacksonburg Subdivision

Building Details

  • Operating Expense $5,800
  • Gross Income $17,300
  • Net Operating Income $11,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 39x151
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Location Property Info:Subdivision2: Village of Jacksonburg
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Stucco
  • List Price: 120000.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 39x151
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: R-2

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 17300.0
  • Net Operating Income: 11500.0
  • Number of Units Total: 2
  • Operating Expense: 5800.0

Tax Info

  • Tax Annual Amount: 2260.0
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $2,216 $47,300 $0 $0
2024 $1,917 $44,300 $0 $0
2023 $1,839 $38,400 $0 $0
2022 $2,025 $30,800 $0 $0
2021 $2,004 $28,350 $0 $0
2020 $1,056 $25,800 $0 $0
2019 $1,027 $16,450 $0 $0
2018 $980 $14,400 $0 $0
2017 $2,118 $14,000 $0 $0
2016 $832 $14,900 $14,900 $0
2015 $1,011 $16,750 $16,750 $0
2014 $1,011 $16,300 $16,300 $0
2013 -- $16,300 $16,300 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $120,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $10,500 None Available
Source: Public Records

About the Listing Agent

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group

(517) 300-7322

Section Image

Doug grew up in Jackson County, Michigan, and is the Principal Partner of BNR Real Estate Group. After serving as a Sergeant in the US Marines Corps and graduating from Siena Heights University, he fulfilled a career in marketing and operations across the mid-west United States with the Sam's Club Division of Wal-Mart Stores Inc.
Doug has worked in residential, commercial, and investment real estate in the southern Michigan area for over fifteen years. He utilizes his sales, marketing, and

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25046441

Southwestern Michigan Association of REALTORS®

APN: 4-052900000