505-507 2nd Street Jackson, MI ^$ 99,900

505-507 2nd Street

^$ 99,900

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505-507 2nd Street

Jackson, MI, 49203

^$ 99,900

Studio Baths0.0 Sq 2,065

Monthly Estimate*

^$ 623

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Studio

Multi-Family Home for sale in Jackson, MI

for $99,900. This 2,065 square foot home was built in 1930 on a lot size of 0.05.

Income 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.

Multi-Family Active

Price

^$ 99,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,895

Style

Lot Size

0.05

Year Built

1930

Town/City

Jackson

County/Region

Jackson

MLS | Web ID

70493103

Features

General

Heating Forced Air

Status Active Active

Year Built 1930

County Jackson

Class MULTIFAMILY

Type Multi-Family

Net Income 10800

Municipality Jackson

Sale/Rent For Sale

Status Detail 0

Area Jackson (38020)

Directions S off W Franklin E of Fourth

City Jackson

School District Jackson County ISD

Financial Terms Cash Conventional Exchange/Trade FHA VA

Legal Description W 55.13 FT OF S 37.5 FT OF LOT 3 BLK 8 LIVERMORE WOOD & EATON'S ADD

DOM 91

Price Per Sq Ft Total AG 48.38

Public Remarks Income producing Duplex with side by side 2 bedroom 1 bath units. Located just minutes from the Central Business District of Jackson MI

Exterior

Exterior Wood

Frontage 38

Lot Size Area 0.05

Lot Dimensions 38x55

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Doug Beiswanger

Listing Agent

Coldwell Banker Beiswanger Realty Group

Broker

Doug@MiRealEstatePro.com

Affordability Calculator

$781

Per Month

Monthly Principal & Interest: $623
Monthly Property Taxes: $158
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Jackson, MI

Average List Price ^$203,152

Percent of Sale Price 103%

About Jackson, MI

33,085 Population

-9% Since 2002

^$30,123 Median Income

34.66 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2940797 Elementary School

2940801 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/29/2025	$99,900	-16.75%	Price Down
9/10/2025	$120,000		Listed Price

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505-507 2nd Street, Jackson, MI, 49203 is a Multi-Family Home for sale at $99,900 with 2,065 sqft and a lot size of 0.05. 505-507 2nd Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 49203 which is in Jackson, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

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505-507 2nd Street

Multi-Family Home for sale in Jackson, MI

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