223 W Washington Avenue, Jackson, MI 49201

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223 W Washington Avenue,Jackson, MI 49201
$485,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:pouria namazi
Office:ncdg realty & property manage
MLS#:25028606
Source:MI_GRAR

Price summary

  • Price:$485,000

About this home

Prime opportunity to own a fully occupied 6-unit brick multifamily building in the heart of Downtown Jackson at 223 W Washington Ave. This low-maintenance, city-certified rental property (2024) features 4,872 sq ft of updated living space with consistent rental demand and zero vacancy. $60,000+/year gross income! Tenants enjoy coin-operated laundry, basement storage, and easy access to restaurants, shops, and public transit, including the Amtrak station. Zoned C-3 and located in a high-demand rental area, the property generates strong cash flow with high cap rate. With a solid rental history, stable income, and prime location, this turnkey asset is ideal for any investor seeking a high-performing, hassle-free addition to their portfolio. Listing agent is part owner of this property.

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Home facts

  • Year built:1950
  • Listing Id #:25028606
  • Added:64 day(s) ago
  • Updated:August 18, 2025 at 07:47 AM

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1950
  • Lot area:0.2 Acres

Schools

  • High school:East Jackson Secondary School
  • Middle school:East Jackson Elementary School
  • Elementary school:Big Jackson Public School

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$485,000
  • Tax amount:$6,177 (2024)