Great investment opportunity! This large multi-family home features four 1-bedroom, 1-bath units. The main level has two units with newer tenants who wish to stay, while the upper level hosts two long-term tenants who also intend to remain. A shared laundry area in the basement adds convenience. Street parking is available. City certified through May 2026, ensuring compliance with local regulations. A strong opportunity for investors seeking steady rental income with established tenants in place.
Under contract
$162,500
515 W Washington Ave, Jackson, MI 49201
4beds
4baths
1,950sqft
Est.:
2 to 4 Units
Built in 1920
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Street parkingShared laundry area
- 50 days
- on Zillow |
- 30 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 22, 2025 at 06:16am
Listed by:
My Smart Team 517-295-3948,
Production Realty 517-879-4141,
Benjamin Kono 517-917-5550,
Production Realty
Source: MichRIC,MLS#: 25008459

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Common Area, In Basement
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: Concrete, Driveway
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 82 x 68 x 82
- Features: Sidewalk, Corner Lot
Details
- Parcel number: 3010500000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Jackson
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $24,711
- Annual tax amount: $1,695
- Date on market: 3/7/2025
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Paved
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