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Occupied Triplex with Downtown Access
For Sale
$79,900
Pending

723 W Washington Avenue Jackson City, Jackson, MI 49201

Three apartments offer a mixed bedroom layout near downtown and public transportation.

Property SizeContact for details
Days on Market513

Property Features for 723 W Washington Avenue Jackson City

General Information

Standard status Pending
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 2 x 1BR, 1 x 3BR
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,286

Building Details

Year Built 1900
Listing Agency: ERA REARDON REALTY, L.L.C.
Listed By: GEORGE D COPP · License #6506044902
Source: Exitrealty
Added: Apr 5, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:37PM

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 ERA REARDON REALTY, L.L.C.

Investment Insights

Based on property information with market context.

This triplex contains three residential units: two one-bedroom apartments and one three-bedroom apartment. All units are occupied, providing an established residential configuration within the property.

The building dates to 1900 and is situated near downtown with access to public transportation. Its three-unit layout supports continued multifamily use, while the varied unit sizes accommodate different household needs.

Key Highlights

  • Three‑unit multifamily property
  • Unit mix includes two 1‑bedroom apartments and one 3‑bedroom apartment
  • All units currently occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility 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.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,063
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three apartments offer a mixed bedroom layout near downtown and public transportation.
Where is this triplex located?
The property is located at 723 W Washington Avenue Jackson City Jackson, MI.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Three‑unit multifamily property; Unit mix includes two 1‑bedroom apartments and one 3‑bedroom apartment; All units currently occupied
More about this property
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