$73,000
Jackson, MI 49201
MLS# 26046349
1 / 5
Property Description
**Calling all INVESTORS** This duplex is FULLY OCCUPIED and priced aggressively with a Caprate of 13%. The lower 3BR unit is currently rented for $1,100 and the upper 1BR unit $700 (long term tenant). Property is city certified until 6/30/28. This property is ideally located within walking distance to Downtown Jackson, great shopping, parks and restaurants.. Seller also has 1502 Chapin St (Duplex) listed for sale and would consider a discounted price for the 2 properties combined.
Details
Location & Property Info
Cross Streets: Blackstone & Steward
Property Sub-Type: 2 to 4 Units
Municipality: Jackson City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 35.44
General Property Info
New Construction: No
Lot Dimensions: 49X132
Road Frontage: 49
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: 2060
Total Parking Spaces: 3
School District: Jackson
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Year Built: 1880
Tax Info
Taxable Value: 41294
SEV: 46400
For Tax Year: 2025
Seller's Annual Property Tax: 2758
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Residential
Tax ID #: 2-055600000
Remarks & Misc
Public Remarks: **Calling all INVESTORS** This duplex is FULLY OCCUPIED and priced aggressively with a Caprate of 13%. The lower 3BR unit is currently rented for $1,100 and the upper 1BR unit $700 (long term tenant). Property is city certified until 6/30/28. This property is ideally located within walking distance to Downtown Jackson, great shopping, parks and restaurants.. Seller also has 1502 Chapin St (Duplex) listed for sale and would consider a discounted price for the 2 properties combined.
Legal: LAND COM AT PT ON S LN OF VAN BUREN ST 6 RDS W OF NW COR OF LOT 6 B3N R2W TH S 8 RDS TH W 3 RDS TH N 8 RDS TO S LN OF VAN BUREN ST TH E 3 RDS TO BEG SE 1/4 SW 1/4 SEC 34 T2S R1W
Lot Description
Sidewalk: 1
Income and Expenses
Gross Op. Inc.: 21600
Net Operating Income: 9290
Operating Expense: 12310
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 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
Wood 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
Paved: 1
Substructure
Full: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 1276
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 784
Occupied: Yes
Monthly Rent: 700
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Jackson
Street #: 327
Street Name: Van Buren
Suffix: Street
State: MI
Zip Code: 49201
Zip (4): 1084
OfficeContract Info
Status: Active
Current Price: $73,000
List Price: $73,000
Listing Date: 2026-09-01
Remarks Misc
Directions: Between Blackstone and Steward
Property Features
Exterior Material: Wood 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
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
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
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