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$99,900

  • For Sale
  • Active
  • Single Family
  • Updated 13 days ago
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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

  • Price: $99,900
  • Taxes: $1,895
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25046452
  • Updated: 1/3/2026
  • Added to Site: 12 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
  • Lot Dimensions: 38 x 55
  • 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

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Listing agent

— 505-507 2nd St —

  • Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 505-507 2nd St Get Price Alerts and Save Property

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

Tax History for 505-507 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,860
9%
$47,500
24%
2022
$1,700
—
$38,300
7%
2022
$1,700
—
$35,700
19%
2022
$1,700
43%
$29,900
26%
2020
$1,187
—
$23,800
11%
2020
$1,187
3%
$21,400
30%
2019
$1,155
39%
$16,450
8%
2018
$829
9%
$15,300
-4%
2017
$760
2%
$15,900
—
2016
$745
2%
$15,850
35%
2015
$730
-24%
$11,700
-25%
2014
$965
1%
$15,550
—
2013
$952
—
$15,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Coldwell Banker Beiswanger Realty Group, Doug Beiswanger

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505-507 2nd Street, Jackson, MI 49203 (MLS# 25046452) is a Single Family property with 0 bedrooms and 0 full bathrooms. 505-507 2nd Street is currently listed for $99,900 and was received on January 04, 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.

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