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Jackson 49203
1309 4th Street
$84,000
● House - Off Market

1309 4th Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$633
Est. Monthly
18.06%
Cap Rate

About This Property

First time on the market for this great 3 bedroom city home! Great location for commuters, with a private drive and oversized shed to store your goodies! Inside you will find fresh carpet and paint along with a wonderful layout, complete with a sun porch! This I could be the perfect start to your new year, call today!!
Unit Size
1,092 Ft²
Days on Market
149 days
Land Size
0.13 acres
Price per sqft
$87
Property Type
House
Property Taxes
$167
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: 2 years ago (MichRIC MLS #23145648)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
Dec 26, 2023 Listed by HOWARD HANNA REAL ESTATE SERVI $94,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 15, 2010 Sold
Premium
Sold
Nov 6, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • 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: 528
  • Garage Type: 7
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,793
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 439
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRISWOLDS ADD
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 43.933 FT OF LOT 2 BLK 3 GRISWOLD'S 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 3-32
  • District: 50
  • Parcel: 3-228000000
  • Block: 3
  • Lot: 2
  • Municipality: JACKSON CITY
  • Latitude: 42.2323
  • Longitude: -84.4182

    Address

  • Full Address: 1309 4th St
  • Legal Unit: 2
  • Address - House Number: 1309
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 4027
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $165,618
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 113,189
  • High Value: 141,538
  • Low Value: 84,840

    Market Valuation

  • Market Total Value: $75,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,900

    Sales

  • Current Sale Contract Date: Apr 08, 2010
  • Current Sale Recording Date: Apr 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2562964
  • Previous Sale Recording Date: Nov 06, 2007
  • Previous Sale Contract Date: Oct 30, 2007
  • Previous Sale Amount: $30,000
  • 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

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MichRIC

Listed by: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23145648
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 1309 4th Street built and last sold?
The property at 1309 4th Street was built in 1920 and last sold on Apr 8, 2010 for $63,000.
How much is this home worth?
The estimated value of the home located at 1309 4th Street is $0.
What are some comparable homes to 1309 4th Street?
There are currently no comparable homes to 1309 4th Street.
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