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Jackson 49203
2308 Vining Street
$70,000
● House - Off Market

2308 Vining Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
744 Ft²
$666
Est. Monthly
12.44%
Cap Rate

About This Property

This property is eligible under the First Look Initiative. All Owner Occ offers will be responded to after 7 days on the market & Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. All offers must be entered thru propoffers.com. An offer management fee of $175 (plus sales tax, where applicable) is charged by Pyramid Platform in connection w/ the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. Subject to seller addendum. For financed offers EMD to be 1% or 1k whichever is greater&for cash offers EMD to be 5% or 5k whichever is greater. All offers are subject to OFAC clearance. A viewing release must be signed & returned to enter
Unit Size
744 Ft²
Days on Market
73 days
Land Size
0.13 acres
Price per sqft
$101
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1923

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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 #25002990)

Price History

Date / Event Date Event Price
Apr 9, 2025 Sold
Premium
Sold
Mar 20, 2025 In contract -
In contract
Jan 25, 2025 Listed by C-21 Affiliated - Jackson $75,000
Listed by C-21 Affiliated - Jackson
May 22, 2003 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 744
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,619
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 744
  • Building Area: 744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 744
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UPLANDS SUBDIVISION
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 76 AND 77 UPLANDS SUBDIVISION OF LOTS 4 AND 5 OF SHOEMAKER AND MCDEVITT'S SUBDIVISION

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005000

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 470-13-12-303-059-00
  • Lot: 4,76-77
  • Municipality: SUMMIT TWP
  • Latitude: 42.2239
  • Longitude: -84.3802

    Address

  • Full Address: 2308 Vining St
  • Address - House Number: 2308
  • Address - Street Name: Vining
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C036
  • 4-Digit Zip Code: 4765
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $69,539
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 94,518
  • High Value: 118,289
  • Low Value: 70,747

    Market Valuation

  • Market Total Value: $75,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2003
  • Current Sale Recording Date: May 22, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2297529
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:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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: RHONDA K. MILES, C-21 Affiliated - Jackson
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 25002990
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 2308 Vining Street built and last sold?
The property at 2308 Vining Street was built in 1923 and last sold on May 16, 2003 for $87,400.
How much is this home worth?
The estimated value of the home located at 2308 Vining Street is $77,740.
What are some comparable homes to 2308 Vining Street?
There are currently no comparable homes to 2308 Vining Street.
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