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Jackson 49202
201 N Thompson Street
$169,000
● House - Off Market

201 N Thompson Street

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,312 Ft²
$1,040
Est. Monthly
14.24%
Cap Rate

About This Property

Check out this historic city home, located near Westwood Mall, Walmart, The Parlor, and just a short walk to Downtown. Park like and fell double lot. Close to the city's bus routes, parks, and shopping. This 1920s two-story home is filled with charm and character, featuring beautiful woodwork, doors, and updated floors. Large formal living room, large formal dining room, and a large entry foyer too! The kitchen features a new stove and refrigerator, and a nice mud room. Upstairs, you'll find three bedrooms and a full bathroom, including the primary bedroom, as well as a walk-up attic. The property features a detached 1-car garage and an oversized lot. Updates include a furnace and water heater. Washer and dryer are included. This home comes with a 12-month home warranty included.
Unit Size
1,312 Ft²
Days on Market
66 days
Land Size
0.41 acres
Price per sqft
$133
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1920

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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: 2 years ago (MichRIC MLS #25034671)

Price History

Date / Event Date Event Price
Sep 18, 2025 Sold
Premium
Sold
Aug 13, 2025 In contract -
In contract
Jul 11, 2025 Listed by TOM SCHINDLER $174,000
Listed by TOM SCHINDLER

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 9
  • Basement Area: 656
  • Garage Type: 7
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,195
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 18 & A STRIP OF LAND 33 FT N & S AND 135.38 FT E & W ADJ SD LOT ON S FORMERLY PLATTED AS PT OF WILLIAMSON ST NOW VACATED

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 2-034000000
  • Lot: 18
  • Municipality: JACKSON CITY
  • Latitude: 42.2496
  • Longitude: -84.4292

    Address

  • Full Address: 201 N Thompson St
  • Legal Unit: 18
  • Address - House Number: 201
  • Street Direction: N
  • Address - Street Name: Thompson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C007
  • 4-Digit Zip Code: 4132
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $165,811
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 140,522
  • High Value: 175,863
  • Low Value: 105,181

    Market Valuation

  • Market Total Value: $92,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,100

    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

Rentals Near You

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MichRIC

Listed by: Tom Schindler, TOM SCHINDLER
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25034671
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 201 North Thompson Street built and last sold?
The property at 201 North Thompson Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 201 North Thompson Street is $174,475.
What are some comparable homes to 201 North Thompson Street?
There are currently no comparable homes to 201 North Thompson Street.
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