315 South Jackson Street

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Description

Excellent multifamily investment opportunity offering 12 income-producing units situated on approximately 13 acres in the Village of Hanover. The property includes five duplex buildings and two single-family homes, providing a diverse unit mix and strong rental demand. This portfolio has benefited from significant recent improvements, helping reduce future capital expenses and making it a low-maintenance investment for the next owner. The property has maintained consistently strong occupancy, with...Excellent multifamily investment opportunity offering 12 income-producing units situated on approximately 13 acres in the Village of Hanover. The property includes five duplex buildings and two single-family homes, providing a diverse unit mix and strong rental demand. This portfolio has benefited from significant recent improvements, helping reduce future capital expenses and making it a low-maintenance investment for the next owner. The property has maintained consistently strong occupancy, with all units currently leased, providing stable income and reliable cash flow. In addition to the existing rental income, the property offers future upside potential with the 13 acres of land primed for development. Wickman Apartments Portfolio represents a compelling investment opportunity for investors seeking both current cash flow and long-term growth potential.
6 parcels total. 000-17-28-126-015-01, 000-17-28-126-015-02, 000-17-28-127-003-02, 000-17-28-127-003-01, 000-17-28-126-014-01
  1. Listed by Crystal Dane • Coldwell Banker Groves Real Estate
    P: (517)-581-8103 crystaldane78@gmail.com

Amenities

  • Air Conditioning
  • Basement
  • Carport Parking
  • Central AC
  • Dishwasher
  • Driveway
  • Fireplace
  • Forced Air
LISTING UPDATED: 05/04/2026 10:25 AM

Property Details for 315 South Jackson Street

StatusActive
MLS #26009926
Days on Market53
Taxes$7,551 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 5+ Units
Year Built1964
Lot Size13.00 AC / 566,280 SF
CountyJackson County

Location

Listing Courtesy of Coldwell Banker Groves Real Estate
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Building Information for 315 South Jackson Street

Stories-Residences12Year Built1964Building Size-Lot Size13.00 AC / 566,280 SF

Payment Calculator

$8,183 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,553

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 315 South Jackson Street

Summary
Location and General Information
  • Cross Streets: Seward St and State St
  • Road Frontage Type: Private Road
  • Municipality: Hanover Vlg
  • Directions: Roundtree Rd to Seward St or State St to south on Dean St.
  • Street #: 315
  • Street Direction: S
  • Street Name: Jackson
  • Suffix: Street
  • City: Hanover
  • State: MI
  • Zip Code: 49241
  • County: Jackson
  • Latitude: 42.099541
  • Longitude: -84.551248
  • Accessibility Feat: Accessible Mn Flr Be, Lever Door Handles, No Step Entrance
Taxes and HOA
  • Taxable Value: 139513.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 000-17-28-126-006-00
  • Homestead: 0
  • SEV: 500700
Parking
  • Parking Features: Aggregate, Driveway, Concrete
  • Parking Total: 24.0
  • Attached Garage: No
  • Driveway: Aggregate, Concrete, Shared Unpaved, See Remarks
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Level, Sidewalk, Tillable, Wooded, Corner Lot
  • Lot Dimensions: 601,333.6
  • Lot Measurement: Acres
  • Lot Acres: 13.0
  • Lot Square Footage: 566280.0
  • Lot Size Area: 13.0
Property and Assessments
  • Tax Year: 2025
  • Legal: LOTS 11 AND 12 LONE OAK SUBDIVISION VILLAGE OF HANOVER
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 4
  • Floor Plans Change Timestamp: 04-30-2026 03:26:55 PM
  • Property Type: Multi Family
  • Year Built: 1964
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: Yes
Utilities
  • Utilities: Natural Gas Connected, Electricity Connected
  • Electric: True
  • Sewer: Septic Tank, Shared Septic
  • Water Source: Well
  • Util Avail at Street: High Speed Internet
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Shared Well, Well
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Metal
  • Accessibility Features: Accessible Mn Flr Be, Lever Door Handles, No Step Entrance
  • Construction Materials: Aluminum Siding, Block, Brick, Stone, Vinyl Siding
  • Street Type: Dirt, Private
  • Exterior Material: Aluminum Siding, Block, Brick, Stone, Vinyl Siding
  • Roofing: Composition, Metal
  • Substructure: Crawl Space, Full, Partial, Slab
  • Extras: Carports, Garages, Sep Electric Meter, Sep Gas Meter
Interior Features
  • Heating: Forced Air, Hot Water, Radiant
  • Laundry Features: Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Basement: Yes
  • Cooling: Central, Window Unit(s)
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air, Hot Water, Radiant
  • Air Conditioning: Central Air, Window Unit(s)
Multi Family
Multi Family Information
  • Number of Units: 12
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $855.00
  • Occupied: Yes
  • SqFt: 650.0
  • Description: Single Family
Unit 2
  • BathsTotal: 1
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $600.00
  • Occupied: Yes
  • SqFt: 1100.0
  • Description: duplex
Unit 3
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $755.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Single Family
Unit 4
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $730.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 5
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $780.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 6
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $775.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 7
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $775.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 8
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $800.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 9
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $825.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 10
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $825.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 11
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $825.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Unit 12
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $905.00
  • Occupied: Yes
  • SqFt: 750.0
  • Description: Duplex
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric, Gas
  • Owner Pays: Trash Collection
  • Terms Available: Cash, Conventional

Property History for 315 South Jackson Street

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

Michigan Regional Information Center #26009926

$1,500,000—
DateEvent & SourcePrice
03/16/2026

Listed (Active)

Michigan Regional Information Center #26009926

$1,500,000

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

Public Records for 315 South Jackson Street

Taxable ValueLand-Additions-Total-
Tax Record2024$1,579 ($132 / month)
Home Facts
Beds0Total Finished SqFt1,932 SqFtAbove Grade Finished SqFt1,932 SqFtLot Size28,488 SqFtStyleSingle Family ResidenceYear Built1963ZoningRS-1CountyJACKSONAPN000-17-28-126-006-00Fireplace TypeHas Fireplace

Schools near 315 South Jackson Street

This home is within Hanover-Horton School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Hanover-Horton Elementary School
PublicPK to 5

Hanover-Horton Middle School
Public6 to 8

Hanover-Horton High School
Public9 to 12

Hanover-Horton Virtual School
Public8 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.

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315 South Jackson Street is a multi-family home for sale in Hanover, MI 49241. This property was listed for sale on March 16, 2026 by Coldwell Banker Groves Real Estate, it's currently listed at $1,500,000. This listing's school district is Hanover-Horton School District. Nearby schools include Hanover-Horton Elementary School, Hanover-Horton Middle School and Hanover-Horton High School. 315 South Jackson Street is a 24-bed, 12-bath, multi-family home built in 1964.

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Listing Courtesy of Coldwell Banker Groves Real Estate

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