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Occupied Duplex Near Downtown
For Sale
$63,000

327 Van Buren St, Jackson, MI 49201

Two-unit residential property with city certification through June 30, 2028.

Property SizeContact for details
Days on Market15

Property Features for 327 Van Buren St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Financials

Cap Rate 13%
Average Monthly Rent $900

Units

Unit Mix 1 x 3BR, 1 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,758

Building Details

Year Built 1880
Buildings 1
Units 2
Tenancy Multi
Listing Agency: BNR Real Estate Group
Listed By: CURTIS G WATSON · License #6501313628
Source: Elliman
Added: Sep 4 Changed: Sep 13 Last Checked: Sep 16 at 4:50PM

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 327 Van Buren St includes a lower three-bedroom unit and an upper one-bedroom unit. Both residences are occupied, and the property was built in 1880. City certification remains in effect through 6/30/28, supporting continued residential use through that date.

The property is within walking distance of Downtown Jackson, shopping, parks, and restaurants. Walk Score is 51, rated Somewhat Walkable, while Bike Score is 61, rated Bikeable. The property also carries a 13% cap rate as an income-producing residential asset.

Key Highlights

  • Two‑unit duplex with lower 3BR and upper 1BR residences
  • Both units are currently occupied
  • 13% cap rate

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Acupuncture Parking Lot & Garage Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,474
Businesses Nearby

Demographics for 49201, MI

47,747
Population
18,102
Households
2.6
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
155.0 sq mi
ZIP Area
308
Density / Sq Mi
$71,714
Median Household Income
$36,390
Median Earnings
$945
Median Rent
$202,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with city certification through June 30, 2028.
Where is this duplex located?
The property is located at 327 Van Buren St Jackson, MI.
What is the asking price?
The asking price for this property is $63,000.
What are key features of this property?
This property features: Two‑unit duplex with lower 3BR and upper 1BR residences; Both units are currently occupied; 13% cap rate
More about this property
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