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551 Cooper Street, 
Jackson, MI 49201

$299,900


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Curtis Watson, 

Zachary Watson

, 

Beiswanger And Risner Re Group

517-435-1500

Last updated:

October 6, 2026, 03:56 PM

MLS#

26050747

Source:

MI MICHRIC

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Source MLS Verified

About This Home

551 Cooper Street

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.

Home Facts

Multi-Family

Built in 1900

Price Summary

299,900

MLS #:

26050747

Last Updated:

October 6, 2026, 03:56 PM

Added:

14 day(s) ago


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$299,900

551 Cooper Street
Source:MI MICHRIC
The information being provided by Michigan Regional Information Center is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Michigan Regional Information Center All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.