223 W Washington Avenue, Jackson, MI 49201
Local realty services provided by:Better Homes and Gardens Real Estate Connections
223 W Washington Avenue,Jackson, MI 49201
$465,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:pouria namazi
Office:ncdg realty & property manage
MLS#:25028606
Source:MI_GRAR
Price summary
- Price:$465,000
About this home
Prime opportunity to own a fully occupied 6-unit brick multifamily building in the heart of Downtown Jackson at 223 W Washington Ave. This low-maintenance, city-certified rental property (2024) features 4,872 sq ft of updated living space with consistent rental demand and zero vacancy. $60,000+/year gross income! Tenants enjoy coin-operated laundry, basement storage, and easy access to restaurants, shops, and public transit, including the Amtrak station. Zoned C-3 and located in a high-demand rental area, the property generates strong cash flow with high cap rate. With a solid rental history, stable income, and prime location, this turnkey asset is ideal for any investor seeking a high-performing, hassle-free addition to their portfolio. Listing agent is part owner of this property.
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Home facts
- Year built:1950
- Listing ID #:25028606
- Added:107 day(s) ago
- Updated:September 30, 2025 at 04:10 PM
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1950
- Lot area:0.2 Acres
Schools
- High school:East Jackson Secondary School
- Middle school:East Jackson Elementary School
- Elementary school:Big Jackson Public School
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$465,000
- Tax amount:$6,177 (2024)
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