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$94,000

  • Sold
  • Closed
  • Single Family
  • Updated 3 days ago
See This Home
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See This Home
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Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional Property Manager screened, long- term tenants. The current owners have upgraded both units with new flooring, appliances, paint, and remodeling to meet city requirements, ensuring smooth operation and strong tenant retention.

Full Property Details for 505-507 2nd St

General

  • Sold For: $94,000
  • Taxes: $1,895
  • Status: Closed
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25046452
  • Added to Site: 58 day(s) ago

Parking

  • Total Spaces: 4
  • Parking Features: Paved

Location

  • Area: Jackson County - JX
  • County: Jackson
  • Subdivision: Livermore Wood & Eaton's Add
  • Cross Streets: S off W Franklin
  • Driving Directions: S off W Franklin, E of Fourth

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Cable Available: Yes
  • Utility Description: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Wood Siding
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Frontage: Paved
  • Lot Features: Level, Sidewalk
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $1,895
  • Terms: VA Loan, FHA, Cash, Conventional, Tax-Deferred Exchange
  • Landlord Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Legal Description: W 55.13 FT OF S 37.5 FT OF LOT 3 BLK 8 LIVERMORE WOOD & EATON'S ADD
  • Property ID: 3-000600000

Listed by Coldwell Banker Beiswanger Realty Group, Doug Beiswanger
Sold by Coldwell Banker Beiswanger Realty Group, Watson Brothers Team

Listing agent

— 505-507 2nd St —

  • Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 505-507 2nd St

Date
Details
Price
Change
Source
2/27/2026
Sold
$94,000
-5.91%
MLS
10/29/2025
Price Reduced
$99,900
-16.75%
MLS
9/10/2025
Listed
$120,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coldwell Banker Beiswanger Realty Group, Doug Beiswanger
Sold by Coldwell Banker Beiswanger Realty Group, Watson Brothers Team

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505-507 2nd Street, Jackson, MI 49203 (MLS# 25046452) is a Single Family property that was sold at $94,000 on February 27, 2026. Want to learn more about 505-507 2nd Street? Do you have questions about finding other Single Family real estate for sale in Jackson? You can browse all Jackson real estate or contact a Coldwell Banker agent to request more information.