312-314 2nd Street

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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...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!
  1. Listed by Kittyanne Latocki • Production Realty
    P: (517)-745-8768 C: (517)-745-8768 kittyanne@productionrealty.com

Amenities

  • Basement
  • Driveway
  • Forced Air
  • Internet Included
LISTING UPDATED: 05/02/2026 11:55 AM

Property Details for 312-314 2nd Street

StatusActive
MLS #26019544
Days on Market2
Taxes$1,603 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 2 to 4 Units
Year Built1900
Lot Size0.20 AC / 8,712 SF
CountyJackson County

Location

Listing Courtesy of Production Realty
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Building Information for 312-314 2nd Street

Stories-Residences3Year Built1900Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,004 per month

30 year fixed, 6.46% Interest

Principal and Interest

$871

Property Taxes

$134

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 312-314 2nd Street

Summary
Location and General Information
  • Cross Streets: W Washington & Franklin
  • Municipality: Jackson City
  • Subdivision: Livermore Wood & Eaton's
  • Body of Water: None
  • Directions: From W Washington, head south on Second St. Just a few houses down on the right.
  • Street #: 312-314
  • Street Name: Second
  • Suffix: Street
  • City: Jackson
  • State: MI
  • Zip Code: 49201
  • County: Jackson
  • Latitude: 42.244867
  • Longitude: -84.41642
Taxes and HOA
  • Taxable Value: 24184.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 3-011100000
  • Homestead: 0
  • SEV: 67900
Parking
  • Parking Features: Concrete, Driveway
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Concrete, Shared Paved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Sidewalk
  • Lot Dimensions: 136 x 62 x 136
  • Lot Measurement: Acres
  • Lot Acres: 0.2
  • Lot Square Footage: 8712.0
  • Lot Size Area: 0.2
Property and Assessments
  • Tax Year: 2026
  • Road Surface Type: Paved
  • Legal: LOT 8 BLK 12 LIVERMORE WOOD & EATON'S ADD
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, High Speed Internet, Phone Available
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Street Type: Paved
  • Exterior Material: Vinyl Siding
  • Roofing: Composition
  • Substructure: Crawl Space
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Cooling: None
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: No
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Air Conditioning: None
Multi Family
Multi Family Information
  • Number of Units: 3
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,300.00
  • Occupied: No
  • SqFt: 1412.0
  • Description: Main Level
Unit 2
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $700.00
  • Occupied: Yes
  • Description: Upper
Unit 3
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $950.00
  • Occupied: No
  • Description: Upper
Rental
Rental Information
  • Occupant Type: Owner
  • Tenant Pays: None
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional

Property History for 312-314 2nd Street

DateEvent & SourcePriceAppreciation
May 2, 2026

Listed (Active)

Michigan Regional Information Center #26019544

$172,900—
Nov 2, 2006

Sold

Michigan Regional Information Center #21035726

$119,900—
Aug 28, 2006

Contract Signed

Michigan Regional Information Center #21035726

—
DateEvent & SourcePrice
05/02/2026

Listed (Active)

Michigan Regional Information Center #26019544

$172,900
11/02/2006

Sold

Michigan Regional Information Center #21035726

$119,900
08/28/2006

Contract Signed

Michigan Regional Information Center #21035726

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 312-314 2nd Street

This home is within Jackson Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Sharp Park Academy
PublicK to 5

Cascades School
PublicK to 5

Middle School At Parkside
Public6 to 8

Jackson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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312-314 2nd Street is a multi-family home for sale in Jackson, MI 49201. This property was listed for sale on May 2, 2026 by Production Realty, it's currently listed at $172,900. It has been on the market for a total of 2 days and was last sold on November 2, 2006. This listing's school district is Jackson Public Schools. Nearby schools include Sharp Park Academy, Cascades School and Middle School At Parkside. 312-314 2nd Street is a 6-bed, 3-bath, multi-family home built in 1900.

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Listing Courtesy of Production Realty

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