509 3rd St, Jackson, MI 49203
Property image
Property image
OFF MARKET

509 3rd St
Jackson, MI 49203

  • 1 Bed
  • 2 Baths
  • 7,911 sqft

$610,100

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $3,796/mo*

$610,100

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $3,796/mo*
1 Bed
2 Baths
7,911 sqft

Home Value

Trulia Estimate
$610K
Since last month
Decreased$50K (-7.5%)
Since last year
Increased$96K (+18.8%)
Since last sale
Increased$85K (+16.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +286% in the last 10 years
MonthEstimated value
2026
August 2026$610K
July 2026$647K
June 2026$660K
May 2026$625K
April 2026$649K
March 2026$663K
February 2026$654K
January 2026$591K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Multi-Family Home
$140,000
11/13/25
4
2
2,800
0.11
Multi-Family Home
$102,000
10/17/25
5
3.5
2,988
0.11
Multi-Family Home
$175,000
06/23/26
6
3
1,412
0.17
Multi-Family Home
$96,000
03/05/26
2
2
232
0.42
Multi-Family Home
$78,000
07/17/26
2
2
1,784
0.33
Multi-Family Home
$80,000
07/17/26
5
2
2,060
0.07
Multi-Family Home
$110,000
05/22/26
4
2
-
0.18
Multi-Family Home
$96,000
02/06/26
4
2
-
0.23
Multi-Family Home
$135,000
12/15/25
3
3
-
0.09
Multi-Family Home
$200,000
02/06/26
8
4
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$107,100
4
1
1,616
Off Market
0.03
$125,000
4
2
1,930
Recently Sold
0.06
$87,700
4
2
-
Off Market
0.07
$59,900
4
2
1,268
For Sale
0.08
$95,800
4
1
1,534
Off Market
0.07
$127,900
5
2
1,472
Off Market
0.06
$94,000
4
2
-
Recently Sold
0.07
$110,000
4
2
-
Recently Sold
0.06
-
3
1
1,394
Off Market
0.09
$159,100
7
4
2,622
Off Market
0.11
$109,000
3
1
2,184
Off Market
0.09
$200,000
8
4
-
Recently Sold

Local Information

  • Map ViewExplore the area around 509 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1928
Living Area
7,911 sqft
Price/Sqft
$77

About this House

12 unit building close to downtown Jackson with coin operated laundry and an extra lot out back. The owner has done many repairs in the last year. All units are 1 bedrooms 1 baths. Separate gas and electric meters. Owner pays for heat and hot water, common area electric, water, sewer, trash, lawncare and snow removal. Great income property! Some expenses are estimated based on the average usage for the previous year. The additional lot included in the sale is located at 30133 2ND ST 49201; Parcel Number: 3-013300000; With a frontage of 62.20 ft and a depth of 139.00 ft. The total yearly taxes for the additional lot are $67.93
509 3rd St, Jackson, MI 49203 is a 1 bedroom, 2 bathroom, 7,911 sqft multi-family built in 1928. It last sold for $525,000 on Jul 25, 2022. It is currently off market. The Trulia Estimate is $610,100, with a rent estimate of $1,000/month.

Home Details for 509 3rd St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Laminate, Linoleum Vinyl

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Brick

Community

Units in Building: 12

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Jul 25, 2022
Source: MichRIC #22012288
Sold
$525,000
May 1, 2022
Source: MichRIC #22012288
Contingent
$495,000
Apr 13, 2022
Source: MichRIC #22012288
Listed For Sale
$495,000
Sep 2, 2021
Source: JAAR
ListingRemoved
Jul 1, 2021
Source: JAAR #202102084
Listed For Sale
$450,000

Market trends in Jackson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$199K
$19.7K
MoM
Sale-to-List Price
100.0%
0.7%
MoM
Price per sq ft
$134
$6
MoM
Available listings
368
31
MoM
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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Jackson

At least 527 Trulia users voted on each feature.
  • 89 % Say car is needed

  • 86 % Say yards are well-kept

  • 85 % Say parking is easy

  • 75 % Say it's dog friendly

  • 72 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 62 % Say there are sidewalks

  • 58 % Say there's wildlife

  • 51 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 47 % Say people would walk alone at night

  • 42 % Say streets are well-lit

  • 42 % Say they plan to stay for at least 5 years

  • 37 % Say it's walkable to restaurants

  • 35 % Say it's walkable to grocery stores

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Colleen Meyer
    "it quiet here , peaceful I’ve only been here a few months but it’s a lot cheaper than most places. Just from what I seen. "
  • Colleen Meyer
    "i just moved here so i really do t know but i do hear the town clock which Is a nice sound and it seems weeks quiet and peaceful"
  • Chris Morris
    "You need a car to reliably get around this town. Everything isn’t that close by either. Public transportation is available but can be tricky to learn."
  • Uniqueone
    "There is a bunch of stray cats around here. Also some wild animals like skunks, raccoons & opossums come around."
  • Jake_wright0
    "People tend to mess with and antagonize animals and mess with people when they have a dog outside either walking it or not"
  • Crystal C.
    "There are Lots of parks that accept dogs, they are very friendly and well maintained, sidewalks are clear."
  • Carmen
    "VFW has events and so does the Book Cottage. The High School has a Homecoming Parade. The public beach at the lake is well kept and peaceful."
  • Jsmiskovic
    "Neighbors can walk their dogs without worry and most of the neighbors have dogs themselves. We all work together when someone’s dog gets loose."
  • Marystittsifers42
    "I live very close to the highway and commute to Lansing. The roads in Jackson need to be updated badly. They are badly damaged and cannot accommodate the amount of traffic in some areas."
  • Ehubler06
    "A lot of shootings, other then that it could be a good city other then that and the horrible roads....."
  • Emalee C.
    "It’s an easy commute to most places, within 10 minutes of most things you’d need. Far enough away not to be too busy. "
  • Heyjay31
    " Clean well maintained downtown, looks good thanks for making it look good Jackson!!!!!!!!!!!!!!! "
  • Jsmiskovic
    "I’ve lived in this neighborhood for 14 years and it is a more mature neighborhood . My neighbors are friendly and watch out for each other."
  • Stello
    "Cute park across the street has occasional events and is safe, lit at night and very well maintained"
  • Marystittsifers42
    "I've lived in Jackson 40 of my 44 years. Like any town it has its issues, but for the most part it is a good place to live."
  • Meesha R.
    "there is a park down on our street. make sure you go with your children to the park and dont let them go alone!"
  • Lito D. B.
    "It's a very small town, so it's relatively easy to get around by foot when the weather is nice. During the winter, there is a bus system, taxi's and of course my go-to is Uber or Lyft."
  • Victoria H.
    "Great parks and schools. Close to shopping, dining and entertainment. Friendly neighbors and maintained neighborhood."
  • Ninarcochrane
    "it is a quite area with lots of churches and a decent selection of places to eat. has two gas stations and sidewalks "
  • Tiffany L.
    "Jackson is a good town but it is becoming unsafe for families especially kids. I would love to live out in the country where it’s more safer and away from everyone to have more privacy."
  • Brittanymanning1519
    "i just move to jackson here and I like and my kids love it happy to be here there is a lot of help that I got to get. "
  • Taylor J.
    "Great area for kids! There are so many parks and schools. I've loved here my whole life (of 22 years) and I wouldn't move anywhere else."
  • Shanna J. P.
    "drive-bys nobody looks out for one another I have one good neighbor and that's right beside me to The Back Of Me. the entire GPD are awesome force in their presence is known and felt they do their job and Beyond!"
  • Miss P.
    "never let your little ones out of your sight for a moment! either other kids will peer pressure them or trick them into doing wrong doing or they going to get snatched! not to mention all the shootings and drive-bys! only good thing I can say is the police respond very quickly to this area!"
  • Kopavi D.
    "we have neighborhood garage sales and we have had a neighborhood party. We have high participation in Trick or Treat for Halloween. "
  • AB
    "This is a great neighborhood to raise children. There are great sports and club activities available for kids through the school or independent club programs. It’s a fun place to grow up!"
  • David S.
    "you see people walling riding bikes and wallking there dogs on a regular basis. there are parks and playgroundscwhoch are kept up"
  • AB
    "Great neighbors! Safe neighborhood. Very quiet neighborhood. Kids playing and neighbors taking walks - very friendly place to live!"
  • Kay B
    "I’ve lived in my neighborhood for five years and it’s gone down hill in the last few years And want to move ASAP "
  • Margaret B.
    "We have lived here 10 years and are moving due to vocational relocation. mostly quiet and you can walk your dog. Jackson is near and has a plethora of family activities. "
  • Scot T.
    "baseball softball pool swimming golf racing hot air balloons bike riding little leauge baseball pop warner football"
  • Jancav43
    "I’ve lived in this neighborhood for over 20 years and find the neighbors friendly and that everyone maintains their home and yard. Also businesses are a short distance away which is very convenient."
  • Breannadorfe
    "churches, shelters, and companies around the area have clothes and food drives. every year there is a fair in the summer and christmas lights in the winter. "
  • Kristy H.
    "It not bad at all just a short drive. I like the route , it’s scenic and quite lovely . I like to drive also ."
  • Kristen
    "Nice and quiet ,close to golf course and shopping roads are well maintained for Jackson grounds are well groomed taken care of low crime "
  • Trulia User
    "People might shoot or run over your dog if it goes on their property. Or it might be taken to the pound. Or they will catch it and give it back to you. People tend to be crappy, but are unpredictable."
  • Kimmers4871
    "That you can freely walk your dog around the neighborhood knowing that all other dos will be on a leash which makes it safe for you and your pet to walk also. "
  • mhodw
    "long with traffic . no good fast roads to get from north to south. have to go through town. morning traffic is pretty backed up."
  • Laura
    "People let their dogs run loose of and on some breeds are not viewed favorably but those have owners that keep them chained or inside. "
  • Jlgleckler
    "There are a lot of dogs near my apartment and the sidewalks are always taken care of. Most people say hi when you’re passing by. "

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Homes for sale near 509 3rd St

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Off Market Homes Near 509 3rd St

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Frequently asked questions about 509 3rd St

  • What is 509 3rd St estimated to be worth?
    Trulia's estimated value for 509 3rd St in Jackson, MI is $610,100.
  • What is the price history for 509 3rd St?
    509 3rd St in Jackson, MI last sold for $525,000 in July 2022.
  • Is Jackson a buyer's or seller's market?
    Jackson is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Jackson?
    The median sale price in Jackson is $199K. That is up $19.7K from the prior month.