505 Wildwood Avenue
Jackson, MI, 49201 $ 550,000
Bedrooms8 Baths2.3 Sq 8,039 Monthly Estimate*
$ 3,386
for $550,000 with 8 bedrooms and 2 full baths, 3 half baths. This 8,039 square foot home was built in 1900 on a lot size of 0.3.
A rare opportunity in Downtown Jackson's Historic District! This architecturally unique property offers some of the city's most flexible zoning, allowing for an incredible range of potential uses including retail, professional offices, mixed-use development, event space, bed & breakfast, Airbnb, individual room rentals, live/work space, multifamily conversion, or an extraordinary single-family residence. Original historic details have been carefully preserved and remain largely untouched, showcasing timeless character throughout all four levels of usable space. Featuring 8 bedrooms, 2 full baths, and 3 half baths, the possibilities are endless for entrepreneurs, investors, business owners, or those seeking a one-of-a-kind property. Prime downtown location surrounded by restaurants, entertainment, businesses, and ongoing redevelopment. Bring your vision and unlock the potential of this remarkable historic landmark. Sq feet, bedrooms and 3 baths are a total of the two upper floors. PROPERTY IMPROVEMENTS & UPDATES 2019 All plumbing and electrical systems were substantially updated by Aladdin Electric. Extensive drywall repairs were completed throughout the property. Main-level ceilings enhanced with crown molding and decorative trim. Exterior wood trim repainted. Mini-split heating and cooling systems installed on upper levels. All baths are either newly added or completely renovated. 2020 Concrete patio added. Wrought iron fencing installed. Pergola added. Rear deck constructed. All exterior improvements are designed for accessibility. Asbestos removed. Additional insulation was installed in ceilings. 2021 New HVAC system installed for the main level. 2022 Basement walls professionally cleaned, sandblasted, and sealed. 2023 Parking lot asphalt resurfaced and repaired (approximately $15,000 investment). Third-floor laundry area added. Ceiling fans are installed on the third floor. Additional Information All wall décor will be removed by the seller before possession unless specifically requested in writing as part of the sale. Seller will consider selling most interior furnishings and contents separately from the real estate. Piano is excluded from any sale of contents.
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FeaturesGeneralSewer Public
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected
Possession Close Plus 30 Days
Roof Slate
Appliances Bar Fridge Dishwasher Dryer Refrigerator Washer
Architectural Style Historic Victorian
Security Features Smoke Detector(s) Security System
Construction Materials Brick
Year Built 1900
Stories Count 4
Township Jackson City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Corporate Owned
County Jackson
New Construction N
Property Type Residential
Garage Y/N N
Total Rooms 22
Full Baths 2
Status Active
Directions At the southeast corner across from the intersection where Wildwood and Steward Ave. meet.
City Jackson
High School District Jackson
Zoning Description R4
Lot Size Units Acres
Lot Size Square Feet 13068.0
Carport Y/N N
Listing Terms Cash FHA VA Loan Conventional
Land Lease Y/N N
Tax Annual Amount 13875.31
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://vimeo.com/reviews/84d9cea5-84eb-49b4-be61-81be85d2cdf5/videos/1197183622
Standard Status Active
Tax Assessed Value 192044
Legal Description BEG AT NW COR OF LOT 6 TH SE ALG S LN OF WILDWOOD AVE 92.94 FT TH S20(DEGREES)30' E 74.26 FT TH S69(DEGREES)05'E 20.65 FT TH S45(DEGREES)22' W 66.16 FT TO S LN OF SAID LOT 6 TH N68(DEGREES)56' W 87.1
Senior Community None
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InteriorBasement Full
Flooring Ceramic Tile Wood
Total Fireplaces 2
Fireplace Features Living Room
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Window Treatments
Fireplace Y/N Y
Half Baths 3
Laundry Features Upper Level
Total Bedrooms 8
Below Grade Finished Area 1682.0
Main Level Bedrooms 0
Total Baths 5
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ExteriorLot Features Sidewalk
Water Source Public
Lot Size Area 0.3
Spa N
Building Area Total 6357.0
Lot Dimensions 134x76x73x18x72
Lot Size Acres 0.3
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList BySproat Realty Professionals-JBroker
susie@sproatrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,386
- Monthly Property Taxes
- $1,156
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Jackson, MI
Average List Price $278,585
Percent of Sale Price 49%
About Jackson, MI 33,085 Population
-9% Since 2002
$ 30,123 Median Income
34.66 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1286383 Elementary School
1286384 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2026 | $550,000 | | Listed Price |