NOT LISTED FOR SALE

402 Third St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $138,000 - $148,638

4 Beds
2 Baths
2,658 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 13, 2025

Last sale price $140,000 $53 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $940/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 2-minute walk to Under the Oaks
  • Sharp Park Academy Rated A-

About This Home

As of November 2025

If you've been looking for the ideal ''house hack'' or just want an investment property that actually makes money, look no further than this turn key, Tudor-style duplex! Accentuated by stunning hardwoods and a generous floor plan, this one just makes sense! While this home has been lovingly maintained by an owner occupant for 5+ years, the upper unit has brought forth a long term tenant, currently renting for $950/m. Additionally, utilities are separate for each unit. Updates throughout include windows, roof, furnaces, water heaters and some electrical. Home has a small yard, large garage and designated entrances at the front and back for both occupants.

Last Agent to Sell the Property

Kittyanne Latocki

Production Realty License #6501406946 Listed on: 10/09/2025

Last Buyer's Agent

Kittyanne Latocki

Production Realty License #6501406946 Listed on: 10/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 136 x 48 x 136

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $11,400

Listing and Financial Details

  • Tenant pays for electric, trash, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1920

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 56.4
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 136 x 48 x 136
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Location Property Info:Subdivision2: None
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: If you've been looking for the ideal ''house hack'' or just want an investment property that actually makes money, look no further than this turn key, Tudor-style duplex! Accentuated by stunning hardwoods and a generous floor plan, this one just makes sense! While this home has been lovingly maintained by an owner occupant for 5+ years, the upper unit has brought forth a long term tenant, currently renting for $950/m. Additionally, utilities are separate for each unit. Updates throughout include windows, roof, furnaces, water heaters and some electrical. Home has a small yard, large garage and designated entrances at the front and back for both occupants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exclusions: Small white fence in back yard
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 136 x 48 x 136
  • Lot Size Sq Ft: 6534.0

Rental Info

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

Multi Family

  • Gross Income: 11400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2365.94
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Feb 21, 2020
Sold by
Ruhl Lester and Ruhl Carol
Bought by
Dixon Sara
Seller's Agent
Sharon Norton
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
Corey Latocki
PRODUCTION REALTY - GRASS LAKE
Sold Price
$93,000
Current Estimated Value
$141,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,660
Avg. Annual Appreciation
7.15%
Original Mortgage
$91,315
Outstanding Balance
$81,821
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$59,839

Purchase Details

Closed on
Aug 17, 2018
Sold by
Bernstein Sarah
Bought by
Ruhl Lester and Ruhl Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2014
Sold by
Bernstein Family Properties Llc
Bought by
Bernstein Sarah

Purchase Details

Closed on
Jun 5, 2012
Sold by
Bernstein Donald E and Bernstein Sarah
Bought by
Bernstein Family Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,760
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 3, 2012
Sold by
Jf Secord Llc
Bought by
Secord Jill F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,760
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Secord Jill F
Bought by
Jf Secord Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dixon Sara $93,000 None Available
Ruhl Lester $60,000 Midstate Title Agency Llc
Bernstein Sarah -- None Available
Bernstein Family Properties Llc -- Heritage Title
Bernstein Donald E $36,000 Heritage Title Agency
Secord Jill F -- None Available
Jf Secord Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Sara $91,315
Previous Owner Ruhl Lester $45,000
Previous Owner Bernstein Donald E $27,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Sold $140,000 -6.6% $53 / Sq Ft
10/09/2025 10/09/25 For Sale $149,900 +61.2% $56 / Sq Ft
02/21/2020 02/21/20 Sold $93,000 -- $35 / Sq Ft View Prior Sale
01/27/2020 01/27/20 Pending -- -- --
Source: MichRIC

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 $2,326 $62,500 $0 $0
2024 $20 $52,200 $0 $0
2023 $1,887 $47,600 $0 $0
2022 $2,128 $39,300 $0 $0
2021 $2,113 $34,300 $0 $0
2020 $1,483 $30,900 $0 $0
2019 $1,937 $27,600 $0 $0
2018 $1,456 $26,350 $0 $0
2017 $1,334 $27,350 $0 $0
2016 $1,150 $27,300 $27,300 $0
2015 $1,687 $20,500 $20,500 $0
2014 $1,687 $27,200 $27,200 $0
2013 -- $27,200 $27,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Kittyanne Latocki

    Seller's Agent in 2025

    Kittyanne Latocki

    Production Realty

    (517) 745-8768

    2 in this area

    159 Total Sales

    Kittyanne Latocki
    Section Image
  • Sharon Norton

    Seller's Agent in 2020

    Sharon Norton

    RE/MAX Michigan

    (517) 789-9945

    81 Total Sales

    Sharon Norton
    Section Image

  • C

    Buyer's Agent in 2020

    Corey Latocki

    PRODUCTION REALTY - GRASS LAKE

    Section Image
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Map

Source: MichRIC

MLS Number: 25051980

MichRIC

APN: 3-018900000

Michigan Jackson County Jackson 49201 Under the Oaks

402 Third St, Jackson, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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