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Jackson 49203
1121 FIRST ST
$5,000
● House - Off Market

1121 FIRST ST

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
983 Ft²
$21,528
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

City home near Downtown Jackson. Open floor plan. Unique loft space in 2nd bedroom could be used for play space, storage, reading/craft/office area. Disclosure: Evidence of mold-like substance, take appropriate action. Dampness in the basement, structural repair required.  Evidence of defective paint. Plumbing system needs repair.  Repairs exceed $5000.  Repairs may include, but not limited to, electrical, roof, plumbing. Inspection recommended.
Unit Size
983 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$10
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21076252)

Price History

Date / Event Date Event Price
Feb 2, 2021 Sold
Premium
Sold
Oct 19, 2020 Sold
Premium
Sold
Sep 25, 2020 Listed by PRODUCTION REALTY $45,000
Listed by PRODUCTION REALTY
Nov 6, 2014 Sold
Premium
Sold
May 20, 2014 Listed by PRODUCTION REALTY $25,000
Listed by PRODUCTION REALTY
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 864
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,008
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 944
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSORS GARFIELD PLAT
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 10 ASSESSOR'S GARFIELD PLAT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001000

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 4-20
  • District: 50
  • Parcel: 4-128700000
  • Lot: 10
  • Municipality: JACKSON CITY
  • Latitude: 42.2359
  • Longitude: -84.4145

    Address

  • Full Address: 1121 1st St
  • Legal Unit: 10
  • Address - House Number: 1121
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C042
  • 4-Digit Zip Code: 3032
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $165,687
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 92,203
  • High Value: 115,220
  • Low Value: 69,186

    Market Valuation

  • Market Total Value: $53,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,800

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2871874
  • Previous Sale Recording Date: Nov 06, 2014
  • Previous Sale Contract Date: Oct 17, 2014
  • Previous Sale Amount: $30,900
  • Previous Sale Document Type: 55
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

1485 ft²

Average Home Age

98.3 years

Currently For Sale

119 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 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: BEN LATOCKI, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21076252
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 1121 1st Street built and last sold?
The property at 1121 1st Street was built in 1920 and last sold on Oct 19, 2020 for $42,000.
How much is this home worth?
The estimated value of the home located at 1121 1st Street is $0.
What are some comparable homes to 1121 1st Street?
There are currently no comparable homes to 1121 1st Street.
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