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Street View
$299,900
Monthly Est:$1,493
-- Bed
-- Bath
2,822sqft
551 Cooper St, Jackson, MI 49201
$299,900
$1,493/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
6,534 sqft lot
$106/sq.ft
Description
Excellent investment opportunity with a fully occupied 6-unit multi-family property featuring two buildings on a corner lot. The property consists of a 4-unit building and a separate 2-unit building, offering a total of six units. Numerous major updates were completed in 2022-2023, including a new roof, six kitchens, six bathrooms, most of the flooring throughout in 2023, plus two furnaces and a water heater in 2022. All new windows and most of the plumbing in the 4 unit building over the past few years. The rear 2-unit building has separate gas and electric meters, with tenants responsible for their own electric; but gas could be fully separated with the addition of a 2nd water heater (already has 2 separate furnaces). City certified and fully occupied, with approximately $42,000 in annual NOI and a reported 14% cap rate. A strong opportunity for investors seeking an updated, income-producing multifamily property.
- Houzeo last checked: 12 hours ago
- Listing updated: October 7, 2026 at 7:12 pm
- Listing Provided by: CURTIS G WATSON (517) 416-2787 , Zachary Watson | Coldwell Banker Beiswanger Realty Group (517) 435-1500
- Source: Realcomp MLS-MI | MLS#: 55026050747
- Originating MLS: Jackson Area Association of REALTORS
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
2,822 sqft
Lot Size
6,534 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
55026050747
MLS Status
Active
Days on Market
14
Cumulative Days on Market
14
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Forced Air, Hot Water, Natural Gas
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Construction Materials
Aluminum Siding
Utilities & Energy
Basement
Full
Parking Features
Asphalt
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected
Other Features
Lot Features
Corner Lot
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Listed for Sale | $299,900 $106/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 07, 2026, 06:00AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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