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Updated 6-Unit Multifamily Property
New
For Sale
$299,900

551 Cooper Street, Jackson, MI 49201

Multi Family, Jackson, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market5

Property Features for 551 Cooper Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Full bathrooms 6
Rooms Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 3, Basement, Bedroom 2, Bathroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Parking 6
Parking features Driveway
Basement Full
Lot features Corner Lot
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Directions Northeast corner of Cooper and Burr St
Standard status Active
APN 7-066400000
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 48 FT OF LOT 5 BLK 8 FORD'S NORTH ADD
Tax Annual Amount 5970
Legal Description S 48 FT OF LOT 5 BLK 8 FORD'S NORTH ADD

Utilities

Utilities Cable Available
Heating system Hot Water(Heating), Forced Air

Building Details

Year built 1900
Number of units 6
Building materials Aluminum Siding
Listing Agency: Coldwell Banker Beiswanger Realty Group
Listed By: CURTIS G WATSON · License #6501313628
Added: Sep 23 Last Checked: Sep 27 at 2:06PM
MLS# 26050747

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 multifamily property includes two buildings on a 0.15-acre corner lot: one with four units and a separate structure containing two units. Major improvements completed during 2022-2023 include six kitchens, six bathrooms, a new roof, and flooring upgrades. Two furnaces and a water heater were installed in 2022, while windows and much of the plumbing in the four-unit building have also been replaced in recent years.

Located at 551 Cooper Street in Jackson, Michigan, the property includes driveway parking and cable availability. The rear two-unit building has separate gas and electric meters, with residents responsible for their own electric service. It also has two separate furnaces; gas service could be further divided by adding a second water heater. The property is city certified, fully occupied, and reports a 14% cap rate.

Key Highlights

  • Six total units across a four‑unit building and separate two‑unit building
  • Major improvements completed during 2022‑2023, including kitchens, bathrooms, roof, and flooring
  • Two furnaces and a water heater installed in 2022

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Kitchen & Bath Showroom

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

6
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,860
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?
Multifamily property - City-certified six-unit asset with separate buildings, recent systems work, and full occupancy.
Where is this multifamily property located?
The property is located at 551 Cooper Street Jackson, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Six total units across a four‑unit building and separate two‑unit building; Major improvements completed during 2022‑2023, including kitchens, bathrooms, roof, and flooring; Two furnaces and a water heater installed in 2022
More about this property
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