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Jackson 49203
1611 Third Street
$150,000
● House - Off Market

1611 Third Street

Jackson, MI 49203
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,315 Ft²
$957
Est. Monthly
19.92%
Cap Rate

About This Property

SO MUCH HOME FOR THE PRICE - SPACIOUS 4-5 BEDROOM, 2 BATH HOME affordably priced. Tree lined sidewalks lead to this charming move-in ready home. Foyer, open staircase to 2nd floor. Large open formal living/dining room combo, eat-in kitchen, full first floor laundry & full bath 2/walk-in shower. Complete appliance package. 1st floor BR/optional family room. 2nd floor includes 4 BRs & full bath.  Walk-up & out basement, is divided for great storage. Roof 2007, water heater 2022, 200 amp elect. Detached 2 car garage. Privacy fenced back yard w/shed.
Unit Size
2,315 Ft²
Days on Market
112 days
Land Size
0.17 acres
Price per sqft
$69
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1925

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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: 8 months ago (MichRIC MLS #25039435)

Price History

Date / Event Date Event Price
Nov 26, 2025 Sold
Premium
Sold
Oct 18, 2025 In contract -
In contract
Aug 6, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $159,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,218
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,579
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,315
  • Building Area: 2,315
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,315
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT REYNOLDS SUB
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 17 EX E 6 FT REYNOLD'S SUB DIV OF PART OF BLK 1 SABIN'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 3-33
  • District: 50
  • Parcel: 3-237400000
  • Block: 1
  • Lot: 17
  • Municipality: JACKSON CITY
  • Latitude: 42.2297
  • Longitude: -84.4169

    Address

  • Full Address: 1611 3rd St
  • Legal Unit: 17
  • Address - House Number: 1611
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 4023
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $158,961
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 193,528
  • High Value: 242,200
  • Low Value: 144,856

    Market Valuation

  • Market Total Value: $154,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,300

    Exemptions

  • Homeowner Exemption: Yes
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

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MichRIC

Listed by: DEBBIE CROWNOVER, RE/MAX MID-MICHIGAN R.E.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 25039435
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 1611 3rd Street built and last sold?
The property at 1611 3rd Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1611 3rd Street is $0.
What are some comparable homes to 1611 3rd Street?
There are currently no comparable homes to 1611 3rd Street.
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