223 W Washington Avenue
Jackson, MI 49201
Map
- – beds
- – baths
- 4,872 sqft
- 8,712 sqft lot
- $101 per sqft
- 1950 build
- – on site
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.
Last checked:
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Last updated Jun 15, 2025
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MLS# 55025028606 —
The Building
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Year Built:1950
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Construction Materials:Brick
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Roof:Other
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Basement:Full, WalkOutAccess
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Basement:true
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Building Area Total:4872.0
Interior
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Laundry Features:CommonArea, InBasement
Location
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Directions:W Washington between S Blackstone St and S Jackson St.
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Cross Street:Blackston st & S Jackson St
The Property
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Parcel Number:4019300000
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:CornerLot, Level
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Lot Size Acres:0.2
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Lot Size Area:8712.0
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Lot Size Dimensions:66x132
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:66
Listing Agent
- Contact info:
- Agent phone:
- (310) 717-3667
- Office phone:
- (517) 796-6148
Taxes
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Tax Legal Description:W 1/2 OF LOT 7 B3S R1W THE ORIGINAL PLAT OF THE VILLAGE OF JACKSONBURG
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Tax Assessed Value:87465
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Tax Annual Amount:6177.29
Heating & Cooling
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Heating:HotWater, NaturalGas
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Heating:true
Utilities
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Utilities:CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
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Sewer:PublicSewer, SewerAtStreet, StormDrain
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Water Source:Public
Schools
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High School District:Jackson
The Community
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Community Features:Sidewalks
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Waterfront:false
Parking
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Parking Total:6.0
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Parking Features:Asphalt, Paved
IDX provided courtesy of Realcomp II Ltd., via Estately and Jackson Area Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/14/25
Jun 14, 2025
|
Listed / Active | REALCOMP | $495,000 | 115.2% (39.2% / YR) |
|
7/8/22
Jul 8, 2022
|
REALCOMP | $230,000 |
