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Jackson 49202
1123 Walker Street
$169,900
● House - Off Market

1123 Walker Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$964
Est. Monthly
6.15%
Cap Rate

About This Property

Opportunity to own this beautifully updated 2 bedroom, 1 bath (3rd is non conforming bedroom) home on a spacious 0.24 acre lot! Featuring a newer roof, newer windows, flooring, and all updated mechanicals, this home is move-in ready with quality improvements throughout. The kitchen offers modern appeal with granite countertops and a stainless steel appliance package. The third bedroom, located in the basement, is non-conforming but was recently redone, making it a perfect space for guests, an office, or hobby room.

Step outside to enjoy the fully fenced yard, new landscaping, and a newer concrete driveway. The 1 car garage is paired with an attached, Amish built carport for additional covered parking.

A well maintained home with style, function, and room to grow!
Unit Size
960 Ft²
Days on Market
46 days
Land Size
0.24 acres
Price per sqft
$177
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1930

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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: 2 years ago (MichRIC MLS #25037445)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Premium
Sold
Aug 8, 2025 In contract -
In contract
Aug 1, 2025 In contract -
In contract
Jul 28, 2025 Listed by EXIT REALTY 1ST LLC $169,900
Listed by EXIT REALTY 1ST LLC
Oct 28, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 768
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 561
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMARTS ADD
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 25 SMART'S 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
  • District: 50
  • Parcel: 8-251900000
  • Lot: 25
  • Municipality: JACKSON CITY
  • Latitude: 42.2631
  • Longitude: -84.4058

    Address

  • Full Address: 1123 Walker St
  • Legal Unit: 25
  • Address - House Number: 1123
  • Address - Street Name: Walker
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C009
  • 4-Digit Zip Code: 2352
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $116,829
  • 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: 138,292
  • High Value: 153,471
  • Low Value: 123,113

    Market Valuation

  • Market Total Value: $71,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2862009
  • Previous Sale Recording Date: Apr 10, 2020
  • Previous Sale Contract Date: Mar 24, 2020
  • Previous Sale Amount: $15,900
  • Previous Sale Document Type: 27
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 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: Joanna Smith, EXIT REALTY 1ST LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25037445
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 1123 Walker Street built and last sold?
The property at 1123 Walker Street was built in 1930 and last sold on Oct 9, 2020 for $60,042.
How much is this home worth?
The estimated value of the home located at 1123 Walker Street is $156,910.
What are some comparable homes to 1123 Walker Street?
There are currently no comparable homes to 1123 Walker Street.
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