Sold
312-314 Second Street, Jackson, MI 49201
Sold on 06/23/2026 for$175,000
MLS # 26019544 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19000.2 acres
1 / 55
Listing Description
Income generating 3 unit just outside of downtown Jackson. Offering a mix of 3 bedroom, 2 bedroom and 1 bedroom units, this one makes a lot of sense on paper! Lower level unit is expansive 3 bedroom with fresh paint, carpet, fixtures and appliances. Lots of storage space and generous bedroom sizes; previously renting for $1300+/m. Upper units are 2 bedroom and 1 bedroom respectively, generating another $1650 in rental income each month. Monthly operating expenses include water, garbage and Consumers for the owners, still showing a net profit of approximately $2000/m. 4 parking spaces included, cement driveway, separate basement entrance with newer furnace and water heater. Maintained in compliance with city certification for many years; a great opportunity for investors to add to their profile. Owner occupant opportunity also!
Source: SparkMLS
About this home
Final sale price: $175,000.
Estimated annual property tax: $1,603, or about $134 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.2 acres
Year Built1900
Location
CityJackson
MunicipalityJackson City
Zip Code49201
CountyJackson
School DistrictJackson
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
HeatingForced Air
UtilitiesPhone Available, Cable Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed5/1/2026
Sold Date6/22/2026
Terms AcceptedCash, Conventional
Concessions$5,000
Source: SparkMLS
Tax Information
Annual Tax$1,603
Tax Year2026
State Equalized Value$63,800
Taxable Value$23,549
Assessed Value$24,184
Parcel #3-011100000
Source: Public Records
Legal Description
LOT 8 BLK 12 LIVERMORE WOOD & EATON'S ADD
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kittyanne Latocki
Production Realty
Frequently Asked Questions about 312-314 Second Street, Jackson, MI 49201
Which school district serves 312-314 Second Street, Jackson, MI 49201?
Per MLS# 26019544, 312-314 Second Street, Jackson, MI 49201 is in the Jackson boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Jackson directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26019544, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 312-314 Second Street, Jackson, MI 49201?
Per public tax records, annual property taxes for this property are $1,603 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 312-314 Second Street, Jackson, MI 49201 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 312-314 Second Street, Jackson, MI 49201 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 312-314 Second Street, Jackson, MI 49201?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Jackson City police department or the Jackson County sheriff's office.
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BETATax History
View SEV, Taxable Value, and uncapping difference for this parcel — Jackson County public records.
Mortgage Calculator
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Monthly payment$1,121
Principal & interest$1,121
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
312-314 Second Street, Jackson, MI 49201
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Municipality
Jackson
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County
Jackson County
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