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Jackson 49203
157 Rockwell Street
$250,000
● House - Off Market

157 Rockwell Street

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
4,216 Ft²
$275,426
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Unique opportunity to own the historical Fire barn #5, decommissioned in 1965. This outstanding property has been lovingly converted with multifunctional space on the 1st floor including a suite with private entrance. Walking into the living quarters on the 2nd floor you will be greeted with 12 ft ceilings, and refinished original hardwood floors throughout.  The living room highlights beautiful red brick that gives the space warmth and charm. Large windows allow natural light to pour in. The dining room/kitchen area is an impressive size with the ability to host large gatherings for special events. This home has ample parking and est. 4200+ sq ft of finished space & 6800+ sq ft total. Entirely updated utilities with electrical service to two separate 200 amp panels totaling 400 amp.BATVAI
Unit Size
4,216 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$59
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
-

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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 #21112046)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Oct 22, 2021 Listed by EXIT REALTY 1ST LLC $250,000
Listed by EXIT REALTY 1ST LLC
May 13, 2004 Sold
Premium
Sold
Jul 16, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 5,056
  • Building Area: 5,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LAND COM AT INTERS OF S LN OF ROCKWELL ST WITH E LN OF JACKSON ST TH E 8 RDS TH S 8 RDS TH W 8 RDS TH N 8 RDS TO BEG SE 1/4

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001000

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 4-14
  • District: 50
  • Parcel: 4-097800000
  • Meridian: SEC 03 TWN 03S RNG 01W
  • Municipality: JACKSON CITY
  • Latitude: 42.2354
  • Longitude: -84.4083

    Address

  • Full Address: 157 Rockwell St
  • Address - House Number: 157
  • Address - Street Name: Rockwell
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C019
  • 4-Digit Zip Code: 3175
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $130,442
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 199,129
  • High Value: 237,329
  • Low Value: 160,929

    Market Valuation

  • Market Total Value: $71,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2902853
  • Previous Sale Recording Date: May 13, 2004
  • Previous Sale Contract Date: Apr 28, 2004
  • Previous Sale Amount: $28,000
  • 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: Korey Rowlson, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21112046
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 157 Rockwell Street built and last sold?
The property at 157 Rockwell Street was built in and last sold on Dec 22, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 157 Rockwell Street is $0.
What are some comparable homes to 157 Rockwell Street?
There are currently no comparable homes to 157 Rockwell Street.
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