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Jackson 49203
1509 Pringle Avenue
$124,900
● House - Off Market

1509 Pringle Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,198 Ft²
$733
Est. Monthly
21.92%
Cap Rate

About This Property

Welcome Home! A Great home in downtown Jackson. This home has a great layout with a 3 Bedrooms,  Main Level Laundry Room, a large updated bathroom, and a formal dining room. The nice back yard is 90% fenced in with a nice fire place and a custom built wood pergola. Schedule your showing today!
Unit Size
1,198 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$104
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1901

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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 years ago (MichRIC MLS #25009307)

Price History

Date / Event Date Event Price
Apr 10, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Mar 13, 2025 Listed by The Charles Reinhart Company $124,900
Listed by The Charles Reinhart Company
Sep 3, 2019 Sold
Premium
Sold
Aug 22, 2019 Listed by The Charles Reinhart Company $72,000
Listed by The Charles Reinhart Company
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,578
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 527
  • Total Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,198
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSRS PRINGLE
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 40 ASSESSOR'S PRINGLE PLAT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001200

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 6-14
  • District: 50
  • Parcel: 6-059000000
  • Lot: 40
  • Municipality: JACKSON CITY
  • Latitude: 42.2463
  • Longitude: -84.3859

    Address

  • Full Address: 1509 Pringle Ave
  • Legal Unit: 40
  • Address - House Number: 1509
  • Address - Street Name: Pringle
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 1953
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $112,166
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2656
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 62
  • Final Value: 101,113
  • High Value: 127,976
  • Low Value: 74,249

    Market Valuation

  • Market Total Value: $58,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2830737
  • Previous Sale Recording Date: Feb 21, 2019
  • Previous Sale Contract Date: Feb 18, 2019
  • Previous Sale Amount: $16,500
  • 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: Blake Wyant, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25009307
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 1509 Pringle Avenue built and last sold?
The property at 1509 Pringle Avenue was built in 1901 and last sold on Aug 22, 2019 for $72,000.
How much is this home worth?
The estimated value of the home located at 1509 Pringle Avenue is $120,222.
What are some comparable homes to 1509 Pringle Avenue?
There are currently no comparable homes to 1509 Pringle Avenue.
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