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Three-Unit Residential Property

1516 Pringle Avenue, Jackson, MI 49203

For Sale
New
$147,000

Multi Family, Jackson, MI

Property SizeContact for details
Lot Size0.17 Acres
Days on Market3

Property Features for 1516 Pringle Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 2, Bedroom 5, Bathroom 3
Parking 2
Parking features Driveway
Basement Full
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Standard status Active
APN 6-060000000
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 21 ASSESSOR'S PRINGLE PLAT
Tax Annual Amount 2808
Legal Description LOT 21 ASSESSOR'S PRINGLE PLAT

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1930
Number of units 3
Building materials Vinyl Siding
Listing Agency: Xsell Realty
Listed By: Daniela Perez-Sanchez
Added: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# 26059698

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.

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Investment Insights

Based on property information with market context.

Built in 1930, this three-unit residential property has five bedrooms, three bathrooms, and a basement. The exterior is vinyl-sided, and the home is heated by forced air. The 0.17-acre parcel includes driveway parking.

Natural gas is available, and the property is served by public sewer. All three units are occupied and generate established rental income.

Key Highlights

  • Three residential units, all occupied
  • Five bedrooms and three bathrooms
  • Built in 1930 on a 0.17‑acre parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three units are occupied, with established rental income and city certification.
Where is this triplex located?
The property is located at 1516 Pringle Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $147,000.
What are key features of this property?
This property features: Three residential units, all occupied; Five bedrooms and three bathrooms; Built in 1930 on a 0.17‑acre parcel
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