$79,900
Jackson, MI 49203
MLS# 26046337
1 / 6
Property Description
**Calling all INVESTORS** This duplex is FULLY OCCUPIED and priced aggressively with a Caprate of 15%. The lower 2BR unit is currently rented for $1,100 and the upper 1BR unit $1,000. Property is city certified until 6/30/28. This property is ideally located within walking distance to Henry Ford Hospital, great shopping, parks and restaurants, as well as quick access to a I-94 and US-127. Seller also has 327 VanBuren St (Duplex) listed for sale and would consider a discounted price for the 2 properties combined.
Details
Location & Property Info
Cross Streets: S. Elm & Summit Ave
Property Sub-Type: 2 to 4 Units
Municipality: Jackson City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 55.8
General Property Info
New Construction: No
Lot Dimensions: 44X120
Road Frontage: 66
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2028-06-30
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1432
Total Parking Spaces: 2
School District: Jackson
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 5227
Lot Acres: 0.12
Year Built: 1886
Tax Info
Taxable Value: 31129
SEV: 37700
For Tax Year: 2025
Seller's Annual Property Tax: 2079
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none
Tax ID #: 6-044400000
Remarks & Misc
Public Remarks: **Calling all INVESTORS** This duplex is FULLY OCCUPIED and priced aggressively with a Caprate of 15%. The lower 2BR unit is currently rented for $1,100 and the upper 1BR unit $1,000. Property is city certified until 6/30/28. This property is ideally located within walking distance to Henry Ford Hospital, great shopping, parks and restaurants, as well as quick access to a I-94 and US-127. Seller also has 327 VanBuren St (Duplex) listed for sale and would consider a discounted price for the 2 properties combined.
Legal: LOT 13 EX N 15.97 FT BLK 3 EATON'S EAST ADD
Lot Description
Sidewalk: 1
Income and Expenses
Annual Utilities: 2900
Gross Op. Inc.: 25200
Net Operating Income: 14553
Operating Expense: 10647
Util Avail at Street
Cable Available: 1
High Speed Internet: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Aluminum Siding: 1
Roofing
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Asphalt: 1
Substructure
Full: 1
Extras
Garages: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Upper
SqFt: 614
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Lower
SqFt: 818
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Jackson
Street #: 1502
Street Name: Chapin
Suffix: Street
State: MI
Zip Code: 49203
Zip (4): 1902
OfficeContract Info
Status: Active
Current Price: $79,900
List Price: $79,900
Listing Date: 2026-09-01
Remarks Misc
Directions: Between S. Elm Ave and Summit Ave on the north side of Chapin
Property Features
Exterior Material: Aluminum Siding
Roofing: Other
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; High Speed Internet
Extras: Garages
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Asphalt
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Listing Office: Coldwell Banker Beiswanger Realty Group
Listing Agent: CURTIS G WATSON
Last Updated: September - 01 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.