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315 S Jackson Street #315, Hanover, MI 49241

Hanover
Local realty services provided by:CENTURY 21 Northland
315 S Jackson Street #315,Hanover, MI 49241
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: crystal dane
Office: coldwell banker groves real estate
MLS#:26009926
Source:MI_GRAR

Price summary

  • Price:$1,500,000

About this home

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

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Home facts

  • Year built:1964
  • Listing ID #:26009926
  • Added:1 day(s) ago
  • Updated:March 16, 2026 at 04:16 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space, Slab

Heating and cooling

  • Heating:Forced Air, Hot Water, Radiant
  • Central air:Yes

Structure and exterior

  • Year built:1964
  • Lot area:13 Acres
  • Lot Features:Tillable, Wooded
  • Construction Materials:Aluminum Siding, Block, Brick, Stone, Vinyl Siding

Utilities

  • Water:Well

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$7,551 (2025)

Parking

  • Total parking spaces:24

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