Movoto Real Estate
Sold on 01/30/2026

505-507 2nd, Jackson, MI 49203

  • $94,000

    Last sold 01/30/2026 after 142 Days

  • bed

  • bath

  • 2,065

    Sqft ($46/Sqft)

Multi-family not for sale
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About 505-507 2nd

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 2,178 Sqft
Rental estimate
Property description
Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional Property Manager screened, long- term tenants. The current owners have upgraded both units with new flooring, appliances, paint, and remodeling to meet city requirements, ensuring smooth operation and strong tenant retention.
Listed by
Listing Agent - Doug Beiswanger
Listing Office - Coldwell Banker Beiswanger Realty Group
Source: MiRealSource, Inc mls logo
MLS#70493103 • last updated 6 months ago
Movoto checked MiRealSource, Inc for data 6 minutes ago
Overview
Heating Forced Air
Status Closed
Type Multi-Family
Lot Size (Acres) 0.05
Total Tax Amount 1895
Year Built 1930
Exterior
Foundation Basement
Construction Wood
Lot Desc Sidewalks
Amenities / Utilities
Fuel Type Natural Gas
Location
County Jackson (38020)
Zoning Jackson Jackson City
Rental est.: $1,027/month
Gross rent multiplier: 7.6 - Good
  • Feb 2026
    mls logo MLS # 70493103
  • Feb 27, 2026 Sold
    $94,000 (-5.9%)
  • Feb 6, 2026 Keep Showing-Contgcy Appl
  • Jan 3, 2026 Listed
  • Dec 29, 2025 Keep Showing-Contgcy Appl
  • Oct 29, 2025 Price Change
    $99,900 (-16.8%)
  • Sep 10, 2025 Listed
    $120,000
  • Sep 2025
    mls logo MLS # 55025046452
  • Sep 10, 2025 Listed
    $120,000
  • 505-507 2nd
    $94K
  • Nicholls
    $133K -20% y/y
  • 49203
    $194K +21% y/y
  • Jackson
    $196K +6% y/y
No chart available
Statistics calculated by Movoto

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  • Skip staging and repairs
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3/10
N/A
6/10
3/10
5/10
Source: GreatSchools.org © 2026. All rights reserved.

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