Active

$224,900

408 Van Buren St, Jackson, MI 49201

6beds

4baths

5,200sqft

$1,900/mo

Get pre-qualified

2 to 4 Units

Built in 1935

-- sqft lot

$202,200 Zestimate^®

$43/sqft

$-- HOA

What's special

Full basementInterior improvementsRoofing repairsElectrical and plumbing updatesPorch and railing repairs

Investors, take a look! This fully occupied four-unit property in Jackson offers an excellent opportunity to add an income-producing property to your portfolio! Featuring over 4,500 square feet with two 1-bedroom and two 2-bedroom units, currently generating $3,595 in monthly rental income ($43,140 annually). The current owner has invested in numerous improvements, including porch and railing repairs, roofing repairs, electrical and plumbing updates, and interior improvements during tenant turnovers. Situated on a 0.26-acre lot with a full basement and convenient access to downtown Jackson amenities. With established tenants, strong rental income, and improvements already completed, this property is worth a closer look! Financial information available for review.

2 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air

Appliances

Laundry: Common Area, In Basement

Features

Basement: Full

Interior area

Total interior livable area: 5,200 sqft

Property

Parking

Total spaces: 10
Parking features: Driveway, Gravel

Lot

Size: 0.26 Acres
Dimensions: 87 x 134
Features: Level

Details

Parcel number: 20546.1000

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Jackson

Financial & listing details

Price per square foot: $43/sqft
Tax assessed value: $82,270
Annual tax amount: $5,724
Date on market: 10/21/2026
Listing terms: Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$202,200

$182,000 - $224,000

$865/mo

Price history

Date	Event	Price
10/21/2026	Listed for sale	$224,900+30%$43/sqft
Source: MichRIC #26056048 Report a problem
3/21/2023	Sold	$173,000+198.3%$33/sqft
Source: Public Record Report a problem
8/25/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
8/18/2022	Price change	$725-3.3%
Source: Zillow Rental Network Premium Report a problem
6/22/2022	Price change	$750-3.2%
Source: Zillow Rental Network Premium Report a problem
6/8/2022	Price change	$775-2.5%
Source: Zillow Rental Network Premium Report a problem
5/20/2022	Listed for rent	$795
Source: Zillow Rental Network Premium Report a problem
9/14/2015	Sold	$58,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$91,500 +12.4%
2025	--	$81,400 +4.8%
2024	--	$77,700 +57.3%
2021	$2,165	$49,400 +10%
2020	$2,165 +2.8%	$44,900 +45.1%
2019	$2,106 +4.8%	$30,950 -11.6%
2018	$2,009 +19.8%	$35,000 +5.7%
2017	$1,678	$33,100 +16.1%
2016	$1,678 +9.7%	$28,500 +19%
2015	$1,529	$23,950 -19.2%
2014	$1,529	$29,650 -35.1%
2012	--	$45,700 -14.6%
2011	--	$53,500 -7%
2010	--	$57,550 -5.6%
2009	--	$60,950