Movoto Real Estate
Sold on 02/22/2018
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1434 Longfellow Ave, Jackson, MI 49202

  • $1,801,000

    Last sold 02/22/2018 for $1.39M

  • bed

  • bath

Multi-family not for sale
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About 1434 Longfellow Ave

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 2.65 Acre
Movoto estimate
Rental estimate
Property description
Turn-key investment. The Longfellow Apartments consists of 6 buildings 28 townhome units which are currently 100% leased. There are six 1300 sq.ft. ,3 bed/1.5 bath units, six 960 sq.ft., 2 bed/1.5 bath units, eight 1100 sq.ft, 2 bed/1.5 bath units and eight 1056 sq.ft., 2 bed/1.5 bath units all 2 story with full basements. Each unit with private entrances, tenants enjoy a sense of home ownership. Located out the city and near 94 and 127. Long term tenants in most units. Cap rate of 9%. Each unit is outfitted with separately-metered, gas-forced air furnaces and Central Air. Notable for investors is the excellent condition of this asset and numerous upgrades it's received, such as 7 units fully remodeled, 15 new furnaces, 8 new A/C units, 12 new refrigerators, 7 new water heaters, vinyl siding and roofs new 2012. https://my.matterport.com/show/?m=W2XwLxecTF8 https://my.matterport.com/models/bbaVEX1DPhW?organization=1FKGa19CBKx
Listed by
Listing Agent - SUSAN M MOHLMAN
Listing Agent Contact: (517) 589-9677
Listing Office - Sproat Realty Professionals-J
Source: Realcomp mls logo
MLS#55021034757 • last updated 5 years ago
Movoto checked Realcomp for data 17 minutes ago
Exterior
Heating Forced Air
Construction Vinyl
Foundation Basement
Location
Subdivision Oakwood Acres
APN 82832600300
Directions South Of Boardman
Multifamily Details
Lot/ Land Details
Road Frontage Paved
$1.8M
Range: $1M-$2.59M
Last 30 days 
Rental est.: $805/month
Gross rent multiplier: 144.7
  • Mar 2018
    mls logo MLS # JA201800148
  • Mar 30, 2018 Sold
    $1,398,000
  • Jan 16, 2018 Listed
    $1,500,000
  • Mar 2018
    mls logo MLS # 55201800148
  • Mar 30, 2018 Sold
    $1,398,000
  • Jan 16, 2018 Listed
    $1,500,000
  • Mar 2018
    mls logo MLS # 55021034757
  • Mar 30, 2018 Sold
    $1,398,000 (-6.8%)
  • Jan 16, 2018 Listed
    $1,500,000 (+328.6%)
  • Nov 2013
    Public Records
  • Nov 12, 2013 Sold
    $350,000
  • 1434 Longfellow Ave
    $1.39M
  • Jackson Crossings
    $187K -3% y/y
  • 49202
    $155K +17% y/y
  • Jackson
    $194K +4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Hunt Elementary School
public Grades K-5
Jackson Public Schools
N/A
Bennett School
public Grades K-2
Jackson Public Schools
3/10
Middle School At Parkside
public Grades 6-8
Jackson Public Schools
5/10
Jackson High School
public Grades 9-12
Jackson Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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