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Jackson 49203
116 Avondale Avenue
$75,000
● House - Off Market

116 Avondale Avenue

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$541
Est. Monthly
12.55%
Cap Rate

About This Property

Move-in!  This is the home you've been waiting for.  All new paint and flooring with an open floor plan.  Fenced back yard with a one car garage.  Walk to Ella Sharp Park with all of it's amenities.  Great Summit location at an affordable price
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$75
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1927

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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: 2 years ago (MichRIC MLS #24056968)

Price History

Date / Event Date Event Price
Dec 18, 2024 Sold
Premium
Sold
Nov 20, 2024 In contract -
In contract
Nov 14, 2024 Price Decreased $82,900
↓ $16K (16.2%)
Price Decreased
Oct 29, 2024 Listed by MILLS REAL ESTATE $98,900
Listed by MILLS REAL ESTATE
Jul 31, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 785
  • Garage Type: 7
  • Garage Square Area: 225
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,532
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 400
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVONDALE SUBDIVISION
  • Land Acres: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 AVONDALE SUBDIVISION

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005000

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 070-13-10-433-008-00
  • Lot: 11
  • Municipality: SUMMIT TWP
  • Latitude: 42.2232
  • Longitude: -84.4048

    Address

  • Full Address: 116 Avondale Ave
  • Legal Unit: 11
  • Address - House Number: 116
  • Address - Street Name: Avondale
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C030
  • 4-Digit Zip Code: 4502
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,689
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 104,109
  • High Value: 130,292
  • Low Value: 77,925

    Market Valuation

  • Market Total Value: $79,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,600

    Sales

  • Current Sale Contract Date: Jul 20, 2009
  • Current Sale Recording Date: Jul 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2543251
  • Previous Sale Recording Date: Feb 11, 2009
  • Previous Sale Contract Date: Jan 06, 2009
  • Previous Sale Amount: $7,470
  • 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:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

Currently no nearby rentals
MichRIC

Listed by: SANDRA L MILLS, MILLS REAL ESTATE
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24056968
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 116 Avondale Avenue built and last sold?
The property at 116 Avondale Avenue was built in 1927 and last sold on Jul 20, 2009 for $8,000.
How much is this home worth?
The estimated value of the home located at 116 Avondale Avenue is $88,085.
What are some comparable homes to 116 Avondale Avenue?
There are currently no comparable homes to 116 Avondale Avenue.
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