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Manchester 48158
122 Division Street
$175,000
● House - Off Market

122 Division Street

Manchester, MI 48158
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,127 Ft²
$212,691
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Affordable well-kept 3-Bedroom Manchester home with beautiful curb appeal.  A wrap-around porch with tasteful landscaping makes for a very appealing residence.  Many updates including All NEW Kitchen with Granite countertop, All NEW Bathroom, All NEW Flooring, NEW Furnace, Freshly painted interior. 16.5 x 18.5 Workshop attached to garage. Private & quiet neighborhood makes for great starter or retirement home. Located not far from all Manchester has to offer.
Unit Size
1,127 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$155
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1900

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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: 3 years ago (MichRIC MLS #23087793)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Nov 11, 2020 Listed by Keller Williams Ann Arbor $174,900
Listed by Keller Williams Ann Arbor

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • 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: 572
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,018
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLOCK F ALFRED C TORREYS ADD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - PM 16-620-038-00 MA 9-23 LOT 12, BLOCK F ALFRED C. TORREYS ADDITION.

Neighborhood

  • School District Name: Manchester Community Schools
  • School Tax School District: MANCHESTER
  • Census Tract: 431000

Zoning

  • Zoning: I-3 URB

Geography

  • District: P
  • Parcel: PM-16-01-345-006
  • Block: F
  • Lot: 12
  • Meridian: SEC 01 TWN 4S RNG 3E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.1523
  • Longitude: -84.0288

    Address

  • Full Address: 122 Division St
  • Address - House Number: 122
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: MI
  • City Name: Manchester
  • Carrier Code: R005
  • 4-Digit Zip Code: 8801
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,013
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 183,712
  • High Value: 221,340
  • Low Value: 146,084

    Market Valuation

  • Market Total Value: $159,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6587775
  • Previous Sale Recording Date: Apr 30, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $66,000
  • 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 Manchester

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$176

Below Asking

0.04%

Average Days on Market

66

Average Home Size

7854 ft²

Average Home Age

85.3 years

Currently For Sale

8 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: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23087793
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 122 Division Street built and last sold?
The property at 122 Division Street was built in 1900 and last sold on Apr 20, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 122 Division Street is $0.
What are some comparable homes to 122 Division Street?
There are currently no comparable homes to 122 Division Street.
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