$1,500,000

315 S Jackson Street, Hanover, MI 49241

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon13acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Excellent multifamily investment opportunity offering 12 income-producing units situated on approximately 13 acres in the Village of Hanover. The property includes five duplex buildings and two single-family homes, providing a diverse unit mix and strong rental demand.This portfolio has benefited from significant recent improvements, helping reduce future capital expenses and making it a low-maintenance investment for the next owner. The property has maintained consistently strong occupancy, with all units currently leased, providing stable income and reliable cash flow.In addition to the existing rental income, the property offers future upside potential with the 13 acres of land primed for development.Wickman Apartments Portfolio represents a compelling investment opportunity for investors seeking both current cash flow and long-term growth potential. 6 parcels total. 000-17-28-126-015-01, 000-17-28-126-015-02, 000-17-28-127-003-02, 000-17-28-127-003-01, 000-17-28-126-014-01

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 7:45AM
Listing Office:
Coldwell Banker Groves Real Estate : 517-439-1511
Listing Agent:
Crystal Dane :
MLS ID:
70519607
  • Heating: Forced AirHot WaterRadiant
  • General: Aluminum SidingBrickStoneVinyl SidingBasementCrawlSlab
  • Road/Access: Private Road
  • Originating MLS: MiRealSource
  • School District: Hanover Horton Schools
  • County: Jackson
  • Zoning: LOTS 11 AND 12 LONE OAK SUBDIVISION VILLAGE OF HANOVER
  • Source: MiRealSource

This listing courtesy of Crystal Dane , Coldwell Banker Groves Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hanoverhorton Elementary School

131 Fairview St, Hanover, MI, 49241

Grades PK-5

0.40 miles away

H

Hanoverhorton Middle School

10000 Moscow Rd, Horton, MI, 49246

Grades 6-8

1.96 miles away

H

Hanoverhorton High School

10000 Moscow Rd, Horton, MI, 49246

Grades 9-12

1.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.