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Jackson 49202
122 W Monroe Street
Photo of 122 W Monroe Street
Sold on Sep 18, 2026

32

Map

Photo of 122 W Monroe Street
Photo of 122 W Monroe Street
$125,000
● House - Off Market

122 W Monroe Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$699
Est. Monthly

About This Property

Move-in ready and full of charm! This beautifully updated home is conveniently located close to shopping, restaurants, and major highways for an easy commute. Featuring gorgeous hardwood floors throughout the main level, new carpet upstairs, an updated kitchen and full bathroom, and the convenience of main-level laundry, this home is ready for its next owner. The spacious formal dining room is perfect for family dinners and entertaining, while the fully fenced backyard provides plenty of room for children, pets, gardening, or outdoor gatherings. A storage shed offers additional space for tools and equipment, and all appliances are included, making your move even easier. With tasteful updates, comfortable living spaces, and convenient location, this home is one you won't want to miss!
Unit Size
1,032 Ft²
Days on Market
63 days
Land Size
0.20 acres
Price per sqft
$116
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1926

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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 months ago (MichRIC MLS #26033555)

Price History

Date / Event Date Event Price
Sep 18, 2026 Sold
Premium
Sold
Jul 19, 2026 In contract -
In contract
Jul 18, 2026 Relisted $119,900
Relisted
Jul 14, 2026 In contract -
In contract
Jul 2, 2026 Listed by Howard Hanna Real Estate Services $119,900
Listed by Howard Hanna Real Estate Services
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 360
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 862
  • Building Area: 862
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 862
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEELERS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 66 FT OF LOTS 1 & 2 BLK 2 KEELER'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: 8-257800000
  • Block: 2
  • Lot: 1-2
  • Municipality: JACKSON CITY
  • Latitude: 42.2653
  • Longitude: -84.4054

    Address

  • Full Address: 122 W Monroe St
  • Address - House Number: 122
  • Street Direction: W
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C008
  • 4-Digit Zip Code: 2359
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,230
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 126,484
  • High Value: 156,563
  • Low Value: 96,404

    Market Valuation

  • Market Total Value: $80,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Jan 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2812699
  • Previous Sale Recording Date: Oct 18, 2002
  • Previous Sale Contract Date: Oct 11, 2002
  • Previous Sale Amount: $65,000
  • 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 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: SHERRY HOOD, Howard Hanna Real Estate Services
Last Updated: 2 months ago
Data Source: MichRIC, MLS# 26033555
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 West Monroe Street built and last sold?
The property at 122 West Monroe Street was built in 1926 and last sold on Dec 28, 2018 for $69,900.
How much is this home worth?
The estimated value of the home located at 122 West Monroe Street is $117,935.
What are some comparable homes to 122 West Monroe Street?
There are currently no comparable homes to 122 West Monroe Street.
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