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12-Unit Apartment Building Portfolio
For Sale
$1,100,000

504-506*** 1st Street, Jackson, MI 49203

Multi Family, Jackson, MI

Property SizeContact for details
Lot Size0.19 Acres
Days on Market99

Property Features for 504-506*** 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Full bathrooms 8
Rooms Bathroom 3, Bathroom 6, Bedroom 1, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 5, Bathroom 8, Bathroom 7, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 10, Bedroom 7, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 9, Bedroom 5, Basement, Bathroom 1
Parking 12
Parking features Driveway
Basement Full
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Standard status Active
APN 3-000700000 & 3-000800000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 4 BLK 8 LIVERMORE WOOD & EATON'S ADD
Tax Annual Amount 1753
Legal Description LOT 4 BLK 8 LIVERMORE WOOD & EATON'S ADD

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Baseboard, Radiant

Building Details

Year built 1930
Number of units 8
Building materials Wood Siding
Listing Agency: ERA Reardon Realty, L.L.C.
Listed By: Jennifer Chmielewski · License #6501412520
Added: Jun 19 Changed: Sep 16 Last Checked: Sep 25 at 3:06PM
MLS# 26030627

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 12-unit apartment portfolio combines an 8-unit building with a separate 4-unit building on 0.19 acres in Jackson, Michigan. The properties were built in 1930 and feature wood siding, eight bathrooms, and 12 bedrooms. Heating systems include baseboard and radiant equipment, while driveway parking serves the buildings.

The property has public sewer service and natural gas availability. Its configuration offers two established multifamily structures within one package, with the unit count and building arrangement clearly defined for apartment-focused ownership. The combination of separate buildings, residential room inventory, and existing site improvements provides a straightforward basis for evaluating the asset as a multifamily property.

Key Highlights

  • 12‑unit multifamily portfolio with an 8‑unit building and a 4‑unit building
  • 0.19‑acre property in Jackson, Michigan
  • Built in 1930 with wood siding

Property Analytics

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Current Use

1031 exchange properties

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,318
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
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?
Apartment building - Two multifamily buildings offer a compact rental property package with baseboard and radiant heating.
Where is this apartment building located?
The property is located at 504-506*** 1st Street Jackson, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 12‑unit multifamily portfolio with an 8‑unit building and a 4‑unit building; 0.19‑acre property in Jackson, Michigan; Built in 1930 with wood siding
More about this property
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