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Jackson 49203
205 Damon Street
$54,000
● House - Off Market

205 Damon Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,380 Ft²
$65,652
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

City Certified Income Property - Come see this great 3 bedroom 2 full bath home in move-in ready condition.  Main floor features a large living room that leads to a main floor bedroom, large open kitchen with appliances included, formal dining room, updated full bath and main floor laundry.  2nd floor features a large bedroom with walk in closet, additional bedroom and large full bath.  Basement features room for storage, updated furnace, electrical and hot water heater.  Exterior features a wrap around covered porch, a large yard with fenced areas, and a small storage shed.  Come see this great home before it's gone!
Unit Size
1,380 Ft²
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
$47
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1920

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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: 11 months ago (MichRIC MLS #22017303)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 11, 2022 Listed by RE/MAX MID-MICHIGAN R.E. $64,900
Listed by RE/MAX MID-MICHIGAN R.E.
Feb 20, 2020 Sold
Premium
Sold
May 2, 2019 Listed by RE/MAX MID-MICHIGAN R.E. $35,000
Listed by RE/MAX MID-MICHIGAN R.E.
Nov 26, 2002 Sold
Premium
Sold

Property Highlights

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: 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EGGLESTONS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 1/2 OF LOTS 1 & 2 BLK 6 EGGLESTON'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 5-29
  • District: 50
  • Parcel: 5-137600000
  • Block: 6
  • Lot: 1-2
  • Municipality: JACKSON CITY
  • Latitude: 42.2318
  • Longitude: -84.3998

    Address

  • Full Address: 205 Damon St
  • Address - House Number: 205
  • Address - Street Name: Damon
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C021
  • 4-Digit Zip Code: 4321
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $122,387
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 61,990
  • High Value: 68,742
  • Low Value: 55,238

    Market Valuation

  • Market Total Value: $58,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2843162
  • Previous Sale Recording Date: Nov 26, 2002
  • Previous Sale Contract Date: Nov 14, 2002
  • Previous Sale Amount: $82,000
  • 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 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: AJ Crownover, RE/MAX MID-MICHIGAN R.E.
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 22017303
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 205 Damon Street built and last sold?
The property at 205 Damon Street was built in 1920 and last sold on Feb 12, 2020 for $32,500.
How much is this home worth?
The estimated value of the home located at 205 Damon Street is $0.
What are some comparable homes to 205 Damon Street?
There are currently no comparable homes to 205 Damon Street.
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