Sara Tripp
Responds Quickly
Xsell Realty
(517) 300-9775
159 Total Sales
1 in Under the Oaks
$135,000 Price
505 2nd St Jackson, MI 49203
Under the Oaks NeighborhoodEstimated Value: $99,168
3
Beds
2
Baths
--
Sq Ft
2,178
Sq Ft Lot
Highlights
- Forced Air Heating System
- High Speed Internet
- Wood Siding
- Sharp Park Academy Rated A-
- Level Lot
- 1-minute walk to Under the Oaks
About This Home
As of February 2026Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional Property Manager screened, long- term tenants. The current owners have upgraded both units with new flooring, appliances, paint, and remodeling to meet city requirements, ensuring smooth operation and strong tenant retention.
Last Agent to Sell the Property
Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 01/04/2026
Last Buyer's Agent
Watson Brothers Team
Coldwell Banker Beiswanger Realty Group License #0000000000
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,895
Year Built
- Built in 1930
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 38x55
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- Paved Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
Community Details
Overview
- 2 Units
- Livermore Wood & Eaton's Add Subdivision
Building Details
- Operating Expense $8,700
- Gross Income $19,500
- Net Operating Income $10,800
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 7, 2020
Sold by
Mega Mountain Properties Llc
Bought by
Current Estimated Value
Purchase Details
Closed on
Mar 2, 2020
Sold by
Miho Chivas and Ho Jack
Bought by
Megan Mountain Properties Llc
Purchase Details
Closed on
Dec 11, 2019
Sold by
Jackson Pacific Partners Llc
Bought by
Miho Chivas and Ho Jack
Purchase Details
Listed on
Sep 26, 2018
Closed on
Nov 8, 2018
Sold by
Axon Bruce W and Axon Rebecca J
Bought by
Jackson Pacific Partners Llc
Seller's Agent
Randy Hoyt
RE/MAX Mid-Michigan R.E.
Buyer's Agent
Kittyanne Latocki
Production Realty
Sold Price
$33,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Under the Oaks, MI
-
Sara Tripp
-
Doug Beiswanger
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 684-2922
405 Total Sales
7 in Under the Oaks
$50K - $350K Price Range
-
Cori Baumann
Cori Baumann
The Brokerage House
(517) 888-7376
68 Total Sales
3 in Under the Oaks
$45K - $102K Price Range
-
Scott Timms
Scott Timms
Coldwell Banker Beiswanger Realty Group
(517) 684-2987
134 Total Sales
1 in Under the Oaks
$137,500 Price
-
Heather Herndon
Heather Herndon
Howard Hanna Real Estate
(517) 742-3134
741 Total Sales
9 in Under the Oaks
$30K - $155K Price Range
-
Kittyanne Latocki
Kittyanne Latocki
Production Realty
(517) 888-0674
156 Total Sales
3 in Under the Oaks
$30K - $175K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| Megan Mountain Properties Llc | $34,000 | Midstate Title Agency Of | |
| Miho Chivas | -- | None Available | |
| Jackson Pacific Partners Llc | $33,000 | None Available |
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 | Prior Sale |
|---|---|---|---|---|---|
| 02/27/2026 02/27/26 | Sold | $94,000 | -5.9% | -- | |
| 10/29/2025 10/29/25 | Price Changed | $99,900 | -16.8% | -- | |
| 09/10/2025 09/10/25 | For Sale | $120,000 | +263.6% | -- | |
| 11/08/2018 11/08/18 | Sold | $33,000 | -- | -- | View Prior Sale |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- |
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 | $1,645 | $50,600 | $0 | $0 |
| 2025 | $1,645 | $47,500 | $0 | $0 |
| 2024 | $16 | $38,300 | $0 | $0 |
| 2023 | $1,544 | $35,700 | $0 | $0 |
| 2022 | $1,700 | $29,900 | $0 | $0 |
| 2021 | $1,682 | $23,800 | $0 | $0 |
| 2020 | $1,187 | $21,400 | $0 | $0 |
| 2019 | $1,155 | $16,450 | $0 | $0 |
| 2018 | $829 | $15,300 | $0 | $0 |
| 2017 | $760 | $15,900 | $0 | $0 |
| 2016 | $655 | $15,900 | $15,900 | $0 |
| 2015 | $965 | $11,700 | $11,700 | $0 |
| 2014 | $965 | $15,550 | $15,550 | $0 |
| 2013 | -- | $15,550 | $15,550 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Beiswanger
Seller's Agent in 2026
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 914-9555
7 in this area
405 Total Sales
-
W
Buyer's Agent in 2026
Watson Brothers Team
Coldwell Banker Beiswanger Realty Group
-
RH
Seller's Agent in 2018
Randy Hoyt
RE/MAX Michigan
-
Kittyanne Latocki
Buyer's Agent in 2018
Kittyanne Latocki
Production Realty
(517) 745-8768
3 in this area
156 Total Sales
Map
Source: MichRIC
MLS Number: 25046452
APN: 3-000600000
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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