- 2,822
- sqft
- 1900
- year built
- Status:
- Active
- MLS #:
- 70560404
- County:
- Jackson
- Listed By:
- CURTIS G WATSON - Coldwell Banker Beiswanger Realty Group
- Agent Phone:
- (517) 416-2787
- Agent Email:
- curtis@watsonbrothersrealestate.com
Sponsoring Broker: Shawna Alt, First Weber
Excellent investment opportunity with a fully occupied 6-unit multi-family property featuring two buildings on a corner lot. The property consists of a 4-unit building and a separate 2-unit building, offering a total of six units. Numerous major updates were completed in 2022-2023, including a new roof, six kitchens, six bathrooms, most of the flooring throughout in 2023, plus two furnaces and a water heater in 2022. All new windows and most of the plumbing in the 4 unit building over the past few years. The rear 2-unit building has separate gas and electric meters, with tenants responsible for their own electric; but gas could be fully separated with the addition of a 2nd water heater (already has 2 separate furnaces). City certified and fully occupied, with approximately $42,000 in annual NOI and a reported 14% cap rate. A strong opportunity for investors seeking an updated, income-producing multifamily property.
Highlights
- Residential Income
- Multi Family
- Built in 1900
- 0.15 Acre Lot
- 51 days on Market
-
- Year Built
- 1900
-
- Construction Materials
- Aluminum Siding
-
- Cooling
- None
-
- Heating
- Forced Air, Natural Gas, Hot Water
-
- Acres
- 0.15
-
- Utilities
- Natural Gas Available
-
- Area
- Jackson (38020)
-
- County
- Jackson
-
- City
- Jackson
-
- Zip Code
- 49201
-
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Estimated Value
$104,869
Estimated Sales Price Range:
$73,408 - $136,329
Source: Constellation Data Labs
Price History
| 01/27/2022 | Sold | $90,000 |
| Source: Realcomp #55021118328 | ||
| Listed | $120,000 | |
| Source: Realcomp #55021118328 | ||
| 09/23/2026 | Listed | $299,900 |
| Source: MiRealSource #70560404 | ||
| 09/23/2026 | Listed | $299,900 |
| Source: Southwestern Michigan Association of REALTORS #26050747 | ||
| 12/14/2021 | Off Market | — |
| Source: Realcomp #55021118328 | ||
| 01/27/2022 | Sold | $90,000 |
| Source: MiRealSource #70241599 | ||
| 12/14/2021 | Listed | $120,000 |
| Source: MiRealSource #70241599 | ||
| 01/27/2022 | Sold | $90,000 |
| Source: Southwestern Michigan Association of REALTORS #21118328 | ||
| 12/14/2021 | Listed | $120,000 |
| Source: Southwestern Michigan Association of REALTORS #21118328 | ||
Source: MLS Data
Deed History
| 02/02/2022 | Receiver’s Deed | $90,000 |
| 10/10/2012 | Quit Claim Deed (non-arm's length) | $0 |
| 08/30/2012 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 01/28/2025 | Conventional | $203,000 |
| 10/25/2023 | Credit Line (Revolving) / HELOC | $125,000 |
| 07/05/2017 | Commercial | $92,000 |
Source: Public records via Constellation Data Labs
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There are currently 281 properties available in Jackson, with 33 under contract to close soon. Properties in the city have an average sale price of $150,338 and typically spend 84 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 551 Cooper St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $299,900. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Jackson, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 551 Cooper St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 551 Cooper St at around $2,204. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 551 Cooper St?
In most cases, yes. Whether 551 Cooper St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Jackson's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $299,900 with 2,822 sqft of space—that comes out to approximately $106 per square foot.
How long has this property been on the market?
551 Cooper St was listed on September 23, 2026, which means it's been on the market for 51 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1900, making it approximately 126 years old.
What is the lot size of this property?
551 Cooper St sits on a 0.15-acre lot, which is 6,534 square feet.
What are the property taxes for 551 Cooper St?
The most recent public record shows annual property taxes for 551 Cooper St were approximately $5,970. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 551 Cooper St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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