Fully Occupied
New
For Sale
$79,900
1502 Chapin Street, Jackson, MI 49203
Multi Family, Jackson, MI
Property SizeContact for details
Lot Size0.12 Acres
Days on Market2
Property Features for 1502 Chapin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 3, Basement, Bathroom 2, Bedroom 2
Parking
2
Parking features
Driveway
Basement
Full
Lot features
Sidewalk
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Directions
Between S. Elm Ave and Summit Ave on the north side of Chapin
Standard status
Active
APN
6-044400000
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 13 EX N 15.97 FT BLK 3 EATON'S EAST ADD
Tax Annual Amount
2079
Legal Description
LOT 13 EX N 15.97 FT BLK 3 EATON'S EAST ADD
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1886
Number of units
2
Building materials
Aluminum Siding
Listing Agency:
Coldwell Banker Beiswanger Realty Group
(517) 435-1500
Listed By:
CURTIS G WATSON · License #6501313628
(517) 416-2787
Added: Sep 1
Last Checked: Sep 2 at 10:06PM
MLS# 26046337
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Jackson duplex contains two distinct residential units: a lower-level two-bedroom apartment and an upper-level one-bedroom apartment. Both units are occupied, and the property is city certified through June 30, 2028. The 1886 building features aluminum siding, forced-air heating, a basement, two bathrooms, and driveway parking on a 0.12-acre parcel. The property carries a 15% cap rate based on the reported operating information.
The property is located in Jackson, Michigan, within walking distance of Henry Ford Hospital, shopping, parks, and restaurants. I-94 and US-127 are also described as offering quick access. Cable service is available at the property.
The property is located in Jackson, Michigan, within walking distance of Henry Ford Hospital, shopping, parks, and restaurants. I-94 and US-127 are also described as offering quick access. Cable service is available at the property.
Key Highlights
- Fully occupied duplex with lower two‑bedroom and upper one‑bedroom units
- City certification in place through 6/30/28
- Reported 15% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate two-bedroom and one-bedroom layouts, driveway parking, and city certification through June 30, 2028.
Where is this duplex located?
The property is located at 1502 Chapin Street 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 two‑bedroom and upper one‑bedroom units; City certification in place through 6/30/28; Reported 15% cap rate
