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Jackson 49203
121 E Addison Street
$90,000
● House - Off Market

121 E Addison Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,572 Ft²
$101,641
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

What a Cutie! All Ready for you to Call Home! This 2 Bedroom Bungalow has New Flooring, New Paint, New Furnace, Hot Water Heater & Complete Kitchen with Full Appliance Package. Newer Replacement Windows.  Partial Finished Basement. Non-Conforming Room to use as Office or 3 Bedroom.  Why Rent?
Unit Size
1,572 Ft²
Days on Market
-
Land Size
-
Price per sqft
$64
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1910

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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 #23001920)

Price History

Date / Event Date Event Price
Apr 11, 2023 Sold
Premium
Sold
Jan 19, 2023 Listed by HOWARD HANNA REAL ESTATE SERVI $99,900
Listed by HOWARD HANNA REAL ESTATE SERVI
May 9, 2005 Sold
Premium
Sold
Sep 20, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 816
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,229
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 856
  • Building Area: 856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 856
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACKSON LAND & IMPROVEMENT COS SUB
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 10 BLK 5 JACKSON LAND & IMPROVEMENT CO'S SUB DIV OF BLKS 2 & 7 & PART OF BLKS 1, 3, 4, 5, 6, 11 & 12 FRANCIS ST ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 5-32
  • District: 50
  • Parcel: 5-176000000
  • Block: 1-2,5,7
  • Lot: 10
  • Municipality: JACKSON CITY
  • Latitude: 42.2263
  • Longitude: -84.4021

    Address

  • Full Address: 121 E Addison St
  • Legal Unit: 10
  • Address - House Number: 121
  • Street Direction: E
  • Address - Street Name: Addison
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 4301
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $81,943
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 103,085
  • High Value: 114,313
  • Low Value: 91,857

    Market Valuation

  • Market Total Value: $47,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,800

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: May 09, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2395520
  • Previous Sale Recording Date: Sep 20, 2002
  • Previous Sale Contract Date: Apr 02, 2002
  • Previous Sale Amount: $27,500
  • Previous Sale Document Type: 71
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

Rentals Near You

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MichRIC

Listed by: JESSIE KOEBBE-WOOD, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23001920
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 121 East Addison Street built and last sold?
The property at 121 East Addison Street was built in 1910 and last sold on Apr 29, 2005 for $72,100.
How much is this home worth?
The estimated value of the home located at 121 East Addison Street is $0.
What are some comparable homes to 121 East Addison Street?
There are currently no comparable homes to 121 East Addison Street.
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