Sold
Last Sold Price
5 beds
504 3rd Street, Jackson, MI 49203
Multi FamilyProperty Type
0.26 acresLot Size
1929Year Built
6 carsParking Spaces

Description

14 Unit apartment building with all units occupied. Property has brand heating system, and new emergency lighting system. This building incudes a laundry room and attached garage with spaces for rent. All units are 2 bedroom 1 bath except the 2 basement units. One being a 1 bedroom, 1 bath. And one being an efficiency unit with 1 bath. Separate gas and electric meters. Tenants pay for cooking fuel and electric and owner pays all other utilities. Including heating the building.14 Unit apartment building with all units occupied. Property has brand heating system, and new emergency lighting system. This building incudes a laundry room and attached garage with spaces for rent. All units are 2 bedroom 1 bath except the 2 basement units. One being a 1 bedroom, 1 bath. And one being an efficiency unit with 1 bath. Separate gas and electric meters. Tenants pay for cooking fuel and electric and owner pays all other utilities. Including heating the building.
  • Listed by: JOHN W COLLIS 517.745.3948 john@ncdevgroup.com • NCDG REALTY & PROPERTY MANAGE
  • Listed by: Pouria Namazi 310.717.3667 paul@ncdevgroup.com • NCDG REALTY & PROPERTY MANAGE
Listing closed: 05/12/2022 12:00 AM • Source: Michigan Regional Information Center, MLS#: 22004917

Recent comparable sales

Median sold price

$167,000

Avg days on market

52

Sale-to-list ratio

92.3%

Jackson, MI

9 comparable properties found

$165,000 | 500 West Biddle Street, Unit A B C D, Jackson, MI 49203
1/10
1

$165,000

Sold 12/12/25

5
Bedrooms
Unavailable
Square Feet
0.14
Acres
$79,900 | 723 West Washington Avenue, Jackson, MI 49201
1/31
2

$79,900

Sold 04/30/25

5
Bedrooms
Unavailable
Square Feet
0.37
Acres
$75,000 | 532 Blackman Street, Jackson, MI 49201
1/27
3

$75,000

Sold 01/31/25

5
Bedrooms
Unavailable
Square Feet
0.15
Acres
$485,000 | 2019 Parkwood Way, Jackson, MI 49203
1/58
4

$485,000

Sold 05/13/25

5
Bedrooms
4,198
Square Feet
0.32
Acres
$561,923 | 1046 South Brown Street, Jackson, MI 49203
1/76
5

$561,923

Sold 03/14/25

5
Bedrooms
5,940
Square Feet
1.57
Acres
$460,000 | 509 South Wisner Street, Jackson, MI 49203
1/81
6

$460,000

Sold 05/07/25

5
Bedrooms
3,997
Square Feet
0.6
Acres
$150,000 | 515 West Washington Avenue, Jackson, MI 49201
1/7
7

$150,000

Sold 04/30/25

4
Bedrooms
Unavailable
Square Feet
0.13
Acres
$169,000 | 612-614 Oakhill Avenue, Jackson, MI 49201
1/34
8

$169,000

Sold 09/29/25

5
Bedrooms
Unavailable
Square Feet
0.19
Acres
$34,000 | 1043 Martin Luther King Jr Drive, Jackson, MI 49203
1/2
9

$34,000

Sold 07/01/26

5
Bedrooms
Unavailable
Square Feet
0.2
Acres

Amenities

  • Attached Garage
  • Basement
  • Fireplace
  • Garage
  • Laundry
  • Laundry in Building
  • Parking Included
  • Radiant Heating

Location

Listing Courtesy of NCDG REALTY & PROPERTY MANAGE

Sold By Out of Area Office

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Payment Calculator

$3,479 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,999

Property Taxes

$480

HOA Dues

$0

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Property Information for 504 3rd Street

Property Details
  • Taxes: $5,763 / year
  • MLS Type: Residential Income / 5+ Units
Building Information
  • Residences: 14
  • Year Built: 1929
  • Lot Size: 0.26 AC / 11,334 SF
Summary
Location and General Information
  • Cross Streets: Third and W. Franklin
  • Municipality: Jackson City
  • Directions: On the corner of Third St. and W. Franklin. Just South of Downtown Jackson.
  • Area - Major: Jackson County - JX
  • Street #: 504
  • Street Name: Third
  • Suffix: Street
  • City: Jackson
  • State: MI
  • Zip Code: 49203
  • County: Jackson
  • Latitude: 42.243511
  • Longitude: -84.41756
  • Area - Minor: Jackson County - JX
Taxes and HOA
  • Taxable Value: 81525.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 3-020000000
  • Homestead: 0
  • SEV: 102000
Parking
  • Parking Features: Paved
  • Parking Total: 6.0
  • Attached Garage: No
  • Driveway: Paved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Sidewalk
  • Lot Dimensions: 123.75 x 66
  • Lot Measurement: Acres
  • Lot Acres: 0.26
  • Lot Square Footage: 11334.0
  • Lot Size Area: 0.26
Property and Assessments
  • Tax Year: 2021
  • Road Surface Type: Paved
  • Legal: LOT 1 ASSESSOR'S BIDDLE PLAT
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1929
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Available, Natural Gas Connected, Electricity Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Natural Gas Available, Public Sewer, Public Water
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Other
  • Construction Materials: Brick
  • Street Type: Paved
  • Exterior Material: Brick
  • Roofing: Other
  • Substructure: Full
  • Extras: Garages, Laundry Facility
Interior Features
  • Heating: Radiant
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Radiant
Multi Family
Multi Family Information
  • Number of Units: 14
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $550.00
  • Occupied: Yes
  • Description: Unit 1
Unit 2
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $600.00
  • Occupied: Yes
  • SqFt: 700.0
  • Description: Unit 2
Unit 3
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $500.00
  • Occupied: Yes
  • SqFt: 600.0
  • Description: Unit 13
Unit 4
  • BathsTotal: 1
  • BedsTotal: 0
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $500.00
  • Occupied: Yes
  • SqFt: 600.0
  • Description: Unit 14
Unit 5
  • BathsTotal: 0
Unit 6
  • BathsTotal: 0
Unit 7
  • BathsTotal: 0
Unit 8
  • BathsTotal: 0
Unit 9
  • BathsTotal: 0
Unit 10
  • BathsTotal: 0
Unit 11
  • BathsTotal: 0
Unit 12
  • BathsTotal: 0
Rental
Rental Information
  • Tenant Pays: Electric, Gas
  • Owner Pays: Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional

Property History for 504 3rd Street

DateEvent & SourcePriceAppreciation
May 12, 2022

Sold

MiRealSource #70247726

$590,000
May 12, 2022

Sold

Realcomp #55022004917

$590,000
May 12, 2022

Sold

Michigan Regional Information Center #22004917

$590,000
DateEvent & SourcePrice
05/12/2022

Sold

MiRealSource #70247726

$590,000
05/12/2022

Sold

Realcomp #55022004917

$590,000
05/12/2022

Sold

Michigan Regional Information Center #22004917

$590,000

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

Public Records for 504 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$11,865 ($989 / month)
Home Facts
Total Finished SqFt11,334 SqFtAbove Grade Finished SqFt11,334 SqFtStories3Lot Size8,189 SqFtStyleMulti-Family Res (5+ Units)Year Built1929Year Renovated1929ZoningR-3CountyJACKSONAPN3-020000000

Schools near 504 3rd 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 504 3rd Street, Jackson, MI 49203
$590,000
5
11,334
3
3.5
3,696
8,059
$9,205
5,706
$42,000
2
1
1,600
4,835
$32,000
4
2
2,146
6,578
2,526

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NCDG REALTY & PROPERTY MANAGE

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