$1,500,000
315 S Jackson Street 315
Hanover, MI, 49241
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.
5 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
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.
5 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
Property Details
Price:
$1,500,000
MLS #:
26009926
Status:
Active
Beds:
0
Baths:
0
Address:
315 S Jackson Street 315
Type:
Single Family
Subtype:
5+ Units
City:
Hanover
Listed Date:
Mar 16, 2026
State:
MI
ZIP:
49241
Lot Size:
566,280 sqft / 13.00 acres (approx)
Year Built:
1964
Schools
School District:
Hanover-Horton
Interior
Cooling
Central Air, Window Unit(s)
Heating
Forced Air, Hot Water, Radiant
Laundry Features
Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Exterior
Construction Materials
Aluminum Siding, Block, Brick, Stone, Vinyl Siding
Parking Features
Aggregate, Driveway, Concrete
Parking Spots
24
Roof
Composition, Metal
Financial
Tax Year
2025
Taxes
$7,551
Mortgage Calculator
Map
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315 S Jackson Street 315
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