505 Wildwood Ave, Jackson, MI, 49201
About This Home
A rare opportunity in Downtown Jackson's Historic District! This architecturally unique property offers some of the city's most flexible zoning, allowing for an incredible range of potential uses including retail, professional offices, mixed-use development, event space, bed & breakfast, Airbnb, individual room rentals, live/work space, multifamily conversion, or an extraordinary single-family residence. Original historic details have been carefully preserved and remain largely untouched, showcasing timeless character throughout all four levels of usable space. Featuring 8 bedrooms, 2 full baths, and 3 half baths, the possibilities are endless for entrepreneurs, investors, business owners, or those seeking a one-of-a-kind property. Prime downtown location surrounded by restaurants, entertainment, businesses, and ongoing redevelopment. Bring your vision and unlock the potential of this remarkable historic landmark. Sq feet, bedrooms and 3 baths are a total of the two upper floors. PROPERTY IMPROVEMENTS & UPDATES 2019 All plumbing and electrical systems were substantially updated by Aladdin Electric. Extensive drywall repairs were completed throughout the property. Main-level ceilings enhanced with crown molding and decorative trim. Exterior wood trim repainted. Mini-split heating and cooling systems installed on upper levels. All baths are either newly added or completely renovated. 2020 Concrete patio added. Wrought iron fencing installed. Pergola added. Rear deck constructed. All exterior improvements are designed for accessibility. Asbestos removed. Additional insulation was installed in ceilings. 2021 New HVAC system installed for the main level. 2022 Basement walls professionally cleaned, sandblasted, and sealed. 2023 Parking lot asphalt resurfaced and repaired (approximately $15,000 investment). Third-floor laundry area added. Ceiling fans are installed on the third floor. Additional Information All wall décor will be removed by the seller before possession unless specifically requested in writing as part of the sale. Seller will consider selling most interior furnishings and contents separately from the real estate. Piano is excluded from any sale of contents.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Slate
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Historic,Victorian
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Dishwasher,Dryer,Refrigerator,Washer
- Laundry features: Upper Level
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Features
- Window features: Window Treatments
- Flooring: Ceramic Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 1,682
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 6,357
- Total interior livable area: 8,039 sqft
Property
Details
- Parcel number: 2005700000
- Zoning description: R4
Features
- Stories: 4
- Fencing: Wrought Iron
Lot
- Lot size: 0.30 Acres
- Features: Sidewalk
- Lot size dimensions: 134 x 76 x 73 x 18 x 72
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Jackson County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $306 | $3,672 |
| Property Taxes | $508 | $6,096 |
| Electricity | $876 | $10,522 |
| Total | $4,471 | $53,652 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $550,000 |
| 2016-04-03 | Listing removed | $500 |
| 2015-12-05 | Listed for rent | $500 |
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