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Jackson 49203
1906 W FRANKLIN ST
$25,000
● House - Off Market

1906 W FRANKLIN ST

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$58,684
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Small ranch home on a deep lot! Home features an open floor plan with a possible two bedrooms and one bath. Kitchen comes with all appliances, and the washer and dryer are included. A den can be closed off and made into a third bedroom if necessary.  Consumer's budget plan is $73 a month.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$35
Property Type
House
Property Taxes
$35
HOA Dues
-
Year Built
1930

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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: 3 years ago (MichRIC MLS #21065365)

Price History

Date / Event Date Event Price
Oct 15, 2018 Sold
Premium
Sold
Aug 18, 2018 Listed by PRODUCTION REALTY $42,000
Listed by PRODUCTION REALTY
Jun 24, 2013 Sold
Premium
Sold
May 19, 2013 Listed by PRODUCTION REALTY $29,900
Listed by PRODUCTION REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,706
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 400
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH BELMONT PARK
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 192 ALSO LOT 193 EXC THEREFROM TH E 12 FT THEREOF AND THAT PART OF S 1/2 OF VACATED ALLEY ADJOINING SD LAND ON THE N

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005301

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 090-13-04-113-119-00
  • Lot: 192-193
  • Municipality: SUMMIT TWP
  • Latitude: 42.244
  • Longitude: -84.4373

    Address

  • Full Address: 1906 W Franklin St
  • Address - House Number: 1906
  • Street Direction: W
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C009
  • 4-Digit Zip Code: 1457
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $121,426
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 93,553
  • High Value: 118,437
  • Low Value: 68,670

    Market Valuation

  • Market Total Value: $65,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,900

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2129-0705
  • Previous Sale Recording Date: Jun 24, 2013
  • Previous Sale Contract Date: Jun 13, 2013
  • Previous Sale Amount: $25,000
  • 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:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: AMY E GILPIN, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21065365
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 1906 West Franklin Street built and last sold?
The property at 1906 West Franklin Street was built in 1930 and last sold on Oct 10, 2018 for $34,000.
How much is this home worth?
The estimated value of the home located at 1906 West Franklin Street is $46,009.
What are some comparable homes to 1906 West Franklin Street?
There are currently no comparable homes to 1906 West Franklin Street.
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