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Jackson 49202
215 N Pleasant Street
$50,000
● House - Off Market

215 N Pleasant Street

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,276 Ft²
$404
Est. Monthly
36.71%
Cap Rate

About This Property

Price Reduced! Investment Opportunity: Victorian Gem Near Ford Hospital! Fantastic location! 3-bedroom, 1-bath home is ready for your vision! Requiring renovation and finishing touches, this property offers incredible potential for a strong ROI. First-floor convenience includes a bedroom/office and laundry. A full basement provides ample storage, and the backyard is perfect for relaxation. Ideal for a Ford Hospital employee or lucrative rental. Don't miss this chance to capitalize on classic charm and prime location!, View: Neighborhood, Front Door: West, Foundation Details: Stone
Unit Size
1,276 Ft²
Days on Market
91 days
Land Size
0.10 acres
Price per sqft
$47
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1910

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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 #25035757)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Premium
Sold
Oct 8, 2025 In contract -
In contract
Aug 15, 2025 Price Decreased $60,000
↓ $10K (14.3%)
Price Decreased
Jan 27, 2025 Listed by Century 21 Affiliated $70,000
Listed by Century 21 Affiliated
Mar 17, 2015 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 948
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,312
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,276
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST ADD
  • Land Acres: 0000000099
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 1/2 OF LOT 11 BLK 11 EAST 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 7-35
  • District: 50
  • Parcel: 7-117700000
  • Block: 11
  • Lot: 11
  • Municipality: JACKSON CITY
  • Latitude: 42.2538
  • Longitude: -84.3817

    Address

  • Full Address: 215 N Pleasant St
  • Legal Unit: 11
  • Address - House Number: 215
  • Street Direction: N
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 3661
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $102,222
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2732
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 60
  • Final Value: 109,169
  • High Value: 138,996
  • Low Value: 79,342

    Market Valuation

  • Market Total Value: $67,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2004
  • Current Sale Recording Date: May 03, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2349802

    Financing

  • First Mortgage Financing Type: ADJ
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

1485 ft²

Average Home Age

98.3 years

Currently For Sale

119 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: Aaron Fox, Century 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25035757
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 215 North Pleasant Street built and last sold?
The property at 215 North Pleasant Street was built in 1910 and last sold on Apr 28, 2004 for $85,554.
How much is this home worth?
The estimated value of the home located at 215 North Pleasant Street is $0.
What are some comparable homes to 215 North Pleasant Street?
There are currently no comparable homes to 215 North Pleasant Street.
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