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Jackson 49202
203 N Brown Street
$165,000
● House - Off Market

203 N Brown Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,274 Ft²
$1,058
Est. Monthly
5.46%
Cap Rate

About This Property

Welcome to this cozy 2BR ranch home that blends charm and functionality! Detached 1 car garage, carport and fully fenced in backyard. Enter through the enclosed porch into living room, which flows into a family room complete with a pool table (sellers may be willing to include) and a rec area featuring a dry bar-perfect for entertaining! Main floor laundry. The kitchen comes equipped with a full appliance package, and the dining room is conveniently located just off the kitchen. The spacious primary bedroom boasts large windows and beautiful wood beam ceilings, while the second bedroom has an upgraded closet for added storage. The basement offers great potential for finishing. Recent updates include pressure-treated lumber columns on the front porch and upgraded lighting.
Unit Size
1,274 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$126
Property Type
House
Property Taxes
$272
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 #24055809)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 30, 2024 In contract -
In contract
Oct 23, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $160,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Jul 13, 2020 Sold
Premium
Sold
May 15, 2020 Listed by HOWARD HANNA REAL ESTATE SERVI $127,400
Listed by HOWARD HANNA REAL ESTATE SERVI
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 648
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMSONS ADD
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 198 WILLIAMSON'S ADD

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 2-11
  • District: 50
  • Parcel: 2-053200000
  • Lot: 198
  • Municipality: JACKSON CITY
  • Latitude: 42.2497
  • Longitude: -84.4329

    Address

  • Full Address: 203 N Brown St
  • Legal Unit: 198
  • Address - House Number: 203
  • Street Direction: N
  • Address - Street Name: Brown
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C007
  • 4-Digit Zip Code: 4015
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $258,720
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 65
  • Final Value: 168,361
  • High Value: 209,626
  • Low Value: 127,095

    Market Valuation

  • Market Total Value: $131,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2854329
  • Previous Sale Recording Date: Feb 14, 2019
  • Previous Sale Contract Date: Feb 08, 2019
  • Previous Sale Amount: $120,000
  • 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

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: HEATHER HERNDON, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24055809
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 203 North Brown Street built and last sold?
The property at 203 North Brown Street was built in 1920 and last sold on Jun 25, 2020 for $128,400.
How much is this home worth?
The estimated value of the home located at 203 North Brown Street is $0.
What are some comparable homes to 203 North Brown Street?
There are currently no comparable homes to 203 North Brown Street.
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