$162,500

515 W Washington Ave Jackson, MI 49201

$1,930
Closing credit¹
0.1 acres
Multi-Family

Property details

About 515 W Washington Ave

Great investment opportunity! This large multi-family home features four 1-bedroom, 1-bath units. The main level has two units with newer tenants who wish to stay, while the upper level hosts two long-term tenants who also intend to remain. A shared laundry area in the basement adds convenience. Street parking is available. City certified through May 2026, ensuring compliance with local regulations. A strong opportunity for investors seeking steady rental income with established tenants in place.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.13 Acres
Year built1920
ParkingConcrete
MLS #55025008459

Summary

  • MLS Number: 55025008459
  • MLS Name: Jackson Area Association of REALTORS
  • Office Name: Production Realty
  • Office Phone: (517) 879-4141
  • Listing Agent: My Smart Team, Benjamin Kono

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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italianate home with a porch

$162,500

515 W Washington Ave

$1,930

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$61,500$1,550
2023$56,700$1,550
2022$47,400$1,724
2021$37,450$1,514
2020$33,650$1,406
2019$26,750$1,288
2018$25,350$1,264
2017$26,350$1,264

History based on county public records data.

Nearby schools

4

Jps Montessori Center

Public District KG-5

0.8 mi

820 Bennett St

3

Cascades Elementary School

Public Magnet KG-5

0.9 mi

1226 S Wisner St

4

Hunt Elementary School

Public Magnet KG-5

1.5 mi

1143 N Brown St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,000. Most Jackson, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
33%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Jackson, MI

About 515 W Washington Ave

This home is located at 515 W Washington Ave in Jackson, MI and zip code 49201. Features: 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $162,500.

While more than 17 listings in Jackson, MI in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 33 were sold below. The number of homes for sale in Jackson, MI decreased by 0.6% between January and February 2025. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $183,756.

From Rocket Homes Real Estate and based on county public records data.

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