PRIME OPPORTUNITY FOR INVESTORS & HOME BUYERS! Brand new furnace 2024. This dynamic rental concept offers a rooming house comprised of 11 rent-ready rooms & 3 bathrooms. Property backs up to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. Create cash flow & build your rental portfolio. Great parking. The seller has good success w/ this concept. Tenants pay weekly. The owner manages the property & covers utilities. Vinyl siding & interior updates. This could be a great setup for a home owner to create income by renting out rooms to over your mortgage. Other possibilities could include in-law/multi-generational housing, at-home caregiver, multi-unit & more! Showings Monday - Friday 9:00-3:30.
Sold
$40,000
521 Steward Ave, Jackson, MI 49201
11beds
3baths
--sqft
5+ Units
Built in 1935
-- sqft lot
$136,700 Zestimate®
$--/sqft
$1,220 Estimated rent
Home value
$136,700
$96,000 - $182,000
$1,220/mo
Zestimate® history
Owner options
List your home for rent
$1,220/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,220/mo
Rent Zestimate®
Refinance and save
$211/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$211/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Stephanie Bosanac-Mortimer 517-812-3173,
RE/MAX MID-MICHIGAN R.E.
Bought with:
Stephanie Bosanac-Mortimer, 6501336455
RE/MAX MID-MICHIGAN R.E.
Source: MichRIC,MLS#: 23141225
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Crawl Space,Full
Property
Parking
- Total spaces: 11
Accessibility
- Accessibility features: Accessible Bath Sink, Accessible Mn Flr Be, Accessible Mn Flr Fu
Lot
- Size: 6,534 sqft
- Dimensions: 42 x 155
- Features: Sidewalk
Details
- Parcel number: 2093600000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Utilities for property: Natural Gas Available, Natural Gas Connected
Community & neighborhood
Location
- Region: Jackson
- Subdivision: Steward's Add
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2025 | Sold | $40,000-20% |
Source:  MichRIC #23141225 Report a problem | ||
| 1/13/2025 | Pending sale | $50,000 |
Source: MichRIC #23141225 Report a problem | ||
| 1/11/2025 | Price change | $50,000-43.8% |
Source: MichRIC #23141225 Report a problem | ||
| 12/10/2024 | Listed for sale | $89,000 |
Source: MichRIC #23141225 Report a problem | ||
| 10/11/2024 | Pending sale | $89,000 |
Source:  RE/MAX of Michigan #23141225 Report a problem | ||
| 10/11/2024 | Contingent | $89,000 |
Source: MichRIC #23141225 Report a problem | ||
| 4/11/2024 | Price change | $89,000-31.5% |
Source: MichRIC #23141225 Report a problem | ||
| 11/7/2023 | Listed for sale | $129,900 |
Source: MichRIC #23141225 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $31,300 -16.8% |
| 2024 | -- | $37,600 +102.7% |
| 2021 | $805 | $18,550 +9.8% |
| 2020 | $805 +2.8% | $16,900 +27.5% |
| 2019 | $783 +4.8% | $13,250 -5.4% |
| 2018 | $747 +11.2% | $14,000 +4.5% |
| 2017 | $672 | $13,400 +15.5% |
| 2016 | $672 -17.9% | $11,600 +10% |
| 2015 | $819 | $10,550 -20.1% |
| 2014 | $819 | $13,200 -34% |
| 2012 | -- | $20,000 -16.1% |
| 2011 | -- | $23,850 -7.9% |
| 2010 | -- | $25,900 -7.5% |
| 2009 | -- | $28,000 |
Find assessor info on the county website
Neighborhood: 49201
Nearby schools
GreatSchools rating
- 4/10South Central Michigan VirtualGrades: K-12Distance: 1.1 mi
- 5/10Jackson High SchoolGrades: 9-12Distance: 0.3 mi
- NABennett SchoolGrades: K-2Distance: 0.3 mi
- Michigan
- Jackson County
- Jackson
- 49201
- 521 Steward Ave
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Nearby neighborhoods
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