$1,500,000

Est. $9,446/mo

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Homefello Value
Our estimate based on local data and recent sales

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About This Property

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

Listed by: Crystal Dane Coldwell Banker Groves Real Estate

Source: MiRealSource MLS#: 70519607

Key Features

Community amenities include sidewalks

Inside the Home
  • Crawl Space

Comfort & Climate
  • Forced Air, Hot Water, Radiant, Natural Gas

  • Natural Gas Available

Outdoor Features
  • Wooded

Property Overview
  • Lot size: 13.0000 acres

  • Built in 1964

  • Multi-Family

  • Annual taxes: $7,551

Construction
  • Brick, Stone, Vinyl Siding, Aluminum Siding

  • Foundation: Slab

Community
  • Jackson County

  • Sidewalks

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Homefello Value
Our estimate based on local data and recent sales
Location
315 S Jackson Street, Hanover, MI 49241
Schools, Safety & Local Reviews
RatingSchoolDistance
Data provided by GreatSchools.org © 2026GreatSchools
Neighborhood Safety

Property Crime

A+
Avg (A)
Hanover
4.8 per 1,000 residents

Violent Crime

C
Avg (B-)
Hanover
3.4 per 1,000 residents
Crime grades compare this zip code vs nearby areas. Data provided by Zyla Labs.
Neighborhood
Yelp
What's Nearby
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From: 315 S Jackson Street, Hanover 49241

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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.