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Jackson 49203
138 Wall Street
$65,000
● House - Off Market

138 Wall Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,148 Ft²
$402
Est. Monthly
17.44%
Cap Rate

About This Property

Come and take a look at this 2 bedroom 1 bathroom bungalow style home in the heart of Jackson. This home features a spacious living room and dinning room area along with a large deck and good size back yard area. The basement is unfinished and ready to be made into your dream area. With a little bit of TLC, this would be a great home for first time buyers or a great investment property for some extra income.
Unit Size
1,148 Ft²
Days on Market
99 days
Land Size
0.20 acres
Price per sqft
$61
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1910

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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 #25004427)

Price History

Date / Event Date Event Price
May 16, 2025 Sold
Premium
Sold
Apr 7, 2025 In contract -
In contract
Apr 7, 2025 Price Decreased $69,999
↓ $5K (6.7%)
Price Decreased
Feb 24, 2025 Price Decreased $74,999
↓ $5K (6.3%)
Price Decreased
Feb 6, 2025 Listed by Clients First, Realtors® $80,000
Listed by Clients First, Realtors®
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Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 624
  • 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: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 954
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 954
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EGGLESTONS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 20 BLK 5 EGGLESTON'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 5-28
  • District: 50
  • Parcel: 5-136600000
  • Block: 5
  • Lot: 20
  • Municipality: JACKSON CITY
  • Latitude: 42.2312
  • Longitude: -84.4011

    Address

  • Full Address: 138 Wall St
  • Legal Unit: 20
  • Address - House Number: 138
  • Address - Street Name: Wall
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C021
  • 4-Digit Zip Code: 4373
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $56,584
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 75,821
  • High Value: 94,890
  • Low Value: 56,752

    Market Valuation

  • Market Total Value: $44,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2006
  • Current Sale Recording Date: Feb 09, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2427801
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: Keith Blackwell, Clients First, Realtors®
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25004427
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 138 Wall Street built and last sold?
The property at 138 Wall Street was built in 1910 and last sold on Jan 31, 2006 for $26,000.
How much is this home worth?
The estimated value of the home located at 138 Wall Street is $0.
What are some comparable homes to 138 Wall Street?
There are currently no comparable homes to 138 Wall Street.
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