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23-Unit Apartment Building
For Sale
$1,100,000

235 W Washington Ave, Jackson, MI 49201

C-3-zoned apartment property with garage spaces in downtown Jackson’s Opportunity Zone.

Property SizeContact for details
Days on Market293

Property Features for 235 W Washington Ave

General Information

Standard status Active
Property subtype Multifamily
Zoning C-3

Additional Details

Opportunity Zone Yes
Multifamily Units 23
Listing Agency: Friedman Integrated Real Estate
Listed By: Paul Russo
Source: Cpix.resimplifi
Added: Nov 10, 2025 Changed: Aug 29 Last Checked: Aug 29 at 5:23PM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

The property at 235 W Washington Ave comprises 23 rentable apartment units and 5 garages. Historical occupancy is reported at 95%, providing a documented operating reference for the asset.

The property is situated in downtown Jackson, Michigan, within an Opportunity Zone and near Consumers Energy, CMS Energy, and MiraMed. C-3 zoning is in place, adding a defined land-use designation to the property’s existing apartment configuration.

Key Highlights

  • 23 rentable apartment units
  • 5 garages included
  • Historically 95% occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods Kitchen & Bath Showroom Grocery & Convenience Store Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store

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

23
Residential units

Location Intelligence

Trade Area within ½ mile

1,446
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - C-3-zoned apartment property with garage spaces in downtown Jackson’s Opportunity Zone.
Where is this apartment building located?
The property is located at 235 W Washington Ave 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: 23 rentable apartment units; 5 garages included; Historically 95% occupied
More about this property
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