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Jackson 49203
1217 First Street
$110,000
● House - Off Market

1217 First Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,376 Ft²
$641
Est. Monthly

About This Property

Welcome to your next investment OR dual-living solution in the heart of Jackson! This thoughtfully cared for duplex features two spacious living spaces upstairs and downstairs, each with it's own gas & electricity. The first floor unit comes complete with first floor laundry, spacious living area,  dine in kitchen area, 1 bedroom, and a parlor that has been converted into a 2nd bedroom, basement access, and retro bath. Upstair, the unit consists of both a spacious bedroom, spacious living room, kitchen and bathroom. With the strong demand for rentals and primary housing, this property is perfectly poised for short term and long term success for the next lucky owner!
Unit Size
1,376 Ft²
Days on Market
106 days
Land Size
0.13 acres
Price per sqft
$87
Property Type
House
Property Taxes
$52
HOA Dues
-
Year Built
1920

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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: 8 months ago (MichRIC MLS #25054683)

Price History

Date / Event Date Event Price
Feb 6, 2026 Sold
Premium
Sold
Jan 22, 2026 In contract -
In contract
Nov 11, 2025 Price Decreased $119,900
↓ $5K (4.1%)
Price Decreased
Oct 22, 2025 Listed by Production Realty $125,000
Listed by Production Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 1,034
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,055
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALMERS ADD
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 46 FT OF LOT 16 BLK 2 PALMER'S ADD

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 4-132000000
  • Block: 2
  • Lot: 16
  • Municipality: JACKSON CITY
  • Latitude: 42.2339
  • Longitude: -84.4145

    Address

  • Full Address: 1217 1st St
  • Legal Unit: 16
  • Address - House Number: 1217
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C018
  • 4-Digit Zip Code: 3034
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $49,835
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 95,404
  • High Value: 119,397
  • Low Value: 71,410

    Market Valuation

  • Market Total Value: $44,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,400

    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:

$148,950

Sale Price/ft²

$113

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1544 ft²

Average Home Age

98.1 years

Currently For Sale

109 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
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: Jonathon Eric Ferguson, Production Realty
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 25054683
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 1217 1st Street built and last sold?
The property at 1217 1st Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1217 1st Street is $0.
What are some comparable homes to 1217 1st Street?
There are currently no comparable homes to 1217 1st Street.
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