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Income-Producing Multifamily in Jackson, MI
For Sale
$395,000

334 W Wesley St, Jackson, MI 49201

10-unit multifamily property with income potential in Jackson, MI.

Property SizeContact for details
Days on Market109

Property Features for 334 W Wesley St

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,291

Building Details

Year Built 1950
Units 10
Listing Agency: Coldwell Banker Beiswanger Realty Group
Listed By: Doug Beiswanger · License #6502425012
Source: Elliman
Added: May 14 Changed: Aug 12 Last Checked: Aug 30 at 4:27PM

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 Coldwell Banker Beiswanger Realty Group

Investment Insights

Based on property information with market context.

This income-producing multifamily property is located in Jackson, MI. The property features 10 units. The unit mix includes one-bedroom and two-bedroom units. Tenants are responsible for covering utility expenses. The property has a bike score of 54, indicating it is bikeable, and a walk score of 39, indicating car dependence.

Key Highlights

  • High 10% CAP rate for strong investment returns.
  • Tenants pay utilities, reducing owner expenses.
  • Mix of one‑bedroom and two‑bedroom units suitable for tenants.

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

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
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Frequently Asked Questions

What type of property is this?
Apartment building - 10-unit multifamily property with income potential in Jackson, MI.
Where is this apartment building located?
The property is located at 334 W Wesley St Jackson, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High 10% CAP rate for strong investment returns.; Tenants pay utilities, reducing owner expenses.; Mix of one‑bedroom and two‑bedroom units suitable for tenants.
More about this property
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