Occupied Duplex Near
For Sale
$79,900
Pending
1502 Chapin St, Jackson, MI 49203
Two residential units provide a lower two-bedroom layout and an upper one-bedroom layout in a certified property.
Property SizeContact for details
Days on Market15
Property Features for 1502 Chapin St
General Information
Standard status
Pending
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Additional Details
Cap Rate
15%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,079
Building Details
Year Built
1886
Units
2
Tenancy
Multi
Listing Agency:
BNR Real Estate Group
Listed By:
CURTIS G WATSON · License #6501313628
(517) 416-2787
Source:
Elliman
Added: Sep 4
Changed: Sep 16
Last Checked: Sep 16 at 5:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BNR Real Estate Group
Investment Insights
Based on property information with market context.
This duplex at 1502 Chapin St includes two occupied residential units: a lower two-bedroom unit and an upper one-bedroom unit. The property is city certified through 6/30/28 and was built in 1886. A 15% cap rate is reported for the asset.
The property is within walking distance of Henry Ford Hospital, shopping, parks, and restaurants. I-94 and US-127 provide nearby regional access. Walk Score is 66, described as Somewhat Walkable, while Bike Score is 63, described as Bikeable.
The property is within walking distance of Henry Ford Hospital, shopping, parks, and restaurants. I-94 and US-127 provide nearby regional access. Walk Score is 66, described as Somewhat Walkable, while Bike Score is 63, described as Bikeable.
Key Highlights
- Fully occupied duplex with lower 2BR and upper 1BR units
- 15% cap rate
- City certified through 6/30/28
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
980
Businesses Nearby
Explore this area
Business Placement
Demographics for 49203, MI
37,269
Population
16,999
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
93%
High-School Grad
26.5 sq mi
ZIP Area
1,406
Density / Sq Mi
$55,689
Median Household Income
$37,096
Median Earnings
$992
Median Rent
$150,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide a lower two-bedroom layout and an upper one-bedroom layout in a certified property.
Where is this duplex located?
The property is located at 1502 Chapin St Jackson, MI.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Fully occupied duplex with lower 2BR and upper 1BR units; 15% cap rate; City certified through 6/30/28
