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Jackson 49202
1031 Lansing Avenue
$103,000
● House - Off Market

1031 Lansing Avenue

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,660 Ft²
$103,397
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Great well maintained home near shopping, highways and restaurants just waiting for her new owners. Features 1st floor master plus 2 adl. bedrooms on 2nd lever, 2 full baths, fenced in backyard, den for extra living space and the basement is just waiting for your finishing touch to make yet another living space. Summer will be back and you will be able to enjoy your large deck.  Newer furnace, water heater and more. Seller is motivated. Come see your new home
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$61
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1923

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21115538)

Price History

Date / Event Date Event Price
Apr 12, 2022 Sold
Premium
Sold
Nov 17, 2021 Listed by RE/MAX IRISH HILLS REALTY $101,999
Listed by RE/MAX IRISH HILLS REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 7
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 541
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING AVE ADD
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 2 LANSING AVE ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 1-21
  • District: 50
  • Parcel: 1-056900000
  • Lot: 2
  • Municipality: JACKSON CITY
  • Latitude: 42.2622
  • Longitude: -84.4169

    Address

  • Full Address: 1031 Lansing Ave
  • Legal Unit: 2
  • Address - House Number: 1031
  • Address - Street Name: Lansing
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2167
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $220,218
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 88
  • Final Value: 99,279
  • High Value: 110,175
  • Low Value: 88,382

    Market Valuation

  • Market Total Value: $105,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,900

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: SUZIE CREECH, RE/MAX IRISH HILLS REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21115538
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1031 Lansing Avenue built and last sold?
The property at 1031 Lansing Avenue was built in 1923 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1031 Lansing Avenue is $0.
What are some comparable homes to 1031 Lansing Avenue?
There are currently no comparable homes to 1031 Lansing Avenue.
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