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

334 West Wesley Street, Jackson, MI 49201

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

Property Size26,136 SF
Days on Market129

Property Features for 334 West Wesley Street

General Information

Standard status Pending
Size 26,136 SF
Property subtype Residential Income / 5+ Units

Taxes and HOA fees

Annual Taxes $7,291

Amenities

Forced Air, Natural Gas
true
Yes
3
7
Sidewalks

Building Details

Year Built 1950
Buildings 4
Listing Agency: Coldwell Banker Beiswanger Realty Group
Listed By: Doug Beiswanger · License #6502425012
Source: Compass
Added: May 13 Changed: Sep 17 Last Checked: Sep 16 at 8:03PM

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

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Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith 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
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 - 10-unit multifamily property with income potential in Jackson, MI.
Where is this apartment building located?
The property is located at 334 West Wesley Street 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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