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Jackson 49202
2001 Leroy Street
$50,000
● House - Off Market

2001 Leroy Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
984 Ft²
$406
Est. Monthly
18.25%
Cap Rate

About This Property

Motivated Seller! Here is a small adorable 1 story home ready for new owners. This cute 2 bedroom and 1 bathroom is just enough space to feel cozy and quaint. This home would also be a great opportunity as an investment. It is located close to the hospital and downtown making it a great rental. This house is a blank canvas. Once you give it your personal touch it will be home sweet home for you.  The yard is partially fenced in, so if you are an animal lover, it is almost ready for your four-legged friends to run around in. Schedule a tour before you miss your chance.
Unit Size
984 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$66
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
1910

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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 #24043062)

Price History

Date / Event Date Event Price
Feb 1, 2025 In contract -
In contract
Jan 31, 2025 Sold
Premium
Sold
Dec 6, 2024 Price Decreased $65,000
↓ $5K (7.1%)
Price Decreased
Oct 28, 2024 Price Decreased $70,000
↓ $5K (6.7%)
Price Decreased
Oct 22, 2024 Price Decreased $75,000
↓ $5K (6.3%)
Price Decreased
Show More

Property Highlights

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: 984
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,142
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 500
  • Total Building Area: 984
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH EASTERN ADD
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 0088 LOT 23 BLK 4 NORTH EASTERN ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000400

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 8-2
  • District: 50
  • Parcel: 8-008700000
  • Block: 4
  • Lot: 23
  • Municipality: JACKSON CITY
  • Latitude: 42.2565
  • Longitude: -84.3793

    Address

  • Full Address: 2001 Leroy St
  • Legal Unit: 23
  • Address - House Number: 2001
  • Address - Street Name: Leroy
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 3726
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,898
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 102,288
  • High Value: 127,907
  • Low Value: 76,669

    Market Valuation

  • Market Total Value: $67,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2018
  • Current Sale Recording Date: Feb 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2114-1054
  • Previous Sale Recording Date: Aug 10, 2006
  • Previous Sale Contract Date: Aug 01, 2006
  • Previous Sale Amount: $55,600
  • 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Rachel Commet, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24043062
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 2001 Leroy Street built and last sold?
The property at 2001 Leroy Street was built in 1910 and last sold on Feb 9, 2018 for $21,500.
How much is this home worth?
The estimated value of the home located at 2001 Leroy Street is $65,360.
What are some comparable homes to 2001 Leroy Street?
There are currently no comparable homes to 2001 Leroy Street.
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