223 W Washington Avenue, Jackson, MI 49201 (MLS # 25028606)
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.
DAYS ON MARKET
|
2
|
LAST UPDATED
|
6/14/2025
|
YEAR BUILT
|
1950
|
COMMUNITY
|
Jackson County - JX
|
COUNTY
|
Jackson
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
School District |
Jackson |
Elementary School |
Big Jackson Public School |
Jr. High School |
East Jackson Elementary School |
High School |
East Jackson Secondary School |
AREA |
Jackson County - JX |
BASEMENT |
Full, Walk-Out Access, Yes |
CONSTRUCTION |
Brick |
FIREPLACE |
Yes |
HEAT |
Hot Water, Natural Gas |
LOT |
8712 sq ft |
LOT DESCRIPTION |
Corner Lot, Level |
LOT DIMENSIONS |
66x132 |
PARKING |
Asphalt, Driveway, Paved |
SEWER |
Public Sewer |
TAXES |
6177.29 |
UTILITIES |
Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available |
WATER |
Public |
ZONING |
C-3 |
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Listing provided by NCDG REALTY & PROPERTY MANAGE, Pouria Namazi
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 6/16/25 9:27 AM PDT
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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