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Jackson 49203
246 Griswold Street
$99,900
● House - Off Market

246 Griswold Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,048 Ft²
$575
Est. Monthly
11.61%
Cap Rate

About This Property

Charming bungalow on a spacious corner lot!  Welcome to 246 Griswold St.  This delightful two-bedroom, one-bath home is nestled on a large corner lot near parks and walking trails!  Hosting a cozy three season room, inviting front porch, and back deck perfect for summer evenings!  Enjoy the convenience of a storage shed and appreciate several recent updates throughout the home including new flooring and paint.  This would make a wonderful first home or rental property.
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$95
Property Type
House
Property Taxes
$84
HOA Dues
-
Year Built
1935

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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: 2 years ago (MichRIC MLS #25031237)

Price History

Date / Event Date Event Price
Aug 20, 2025 Temporarily off market -
Temporarily off market
Jun 27, 2025 Listed by ERA REARDON REALTY, L.L.C. $99,900
Listed by ERA REARDON REALTY, L.L.C.
Mar 31, 2021 Sold
Premium
Sold
Jan 15, 2021 Listed by ERA REARDON REALTY, L.L.C. $47,900
Listed by ERA REARDON REALTY, L.L.C.
Nov 18, 2020 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 416
  • 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: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMITVILLE ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 24 BLK 5 DIV 3 AMENDED PLAT OF DIV 1, 2 & 3 OF SUMMITVILLE 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 4-23
  • District: 50
  • Parcel: 4-149500000
  • Block: 5
  • Lot: 24
  • Municipality: JACKSON CITY
  • Latitude: 42.2303
  • Longitude: -84.4118

    Address

  • Full Address: 246 Griswold St
  • Legal Unit: 24
  • Address - House Number: 246
  • Address - Street Name: Griswold
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C018
  • 4-Digit Zip Code: 4106
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $74,738
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2656
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 62
  • Final Value: 70,447
  • High Value: 89,164
  • Low Value: 51,731

    Market Valuation

  • Market Total Value: $38,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2878613
  • Previous Sale Recording Date: Nov 18, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $25,000
  • 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: Christy Cottingham, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25031237
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 246 Griswold Street built and last sold?
The property at 246 Griswold Street was built in 1935 and last sold on Feb 5, 2021 for $43,000.
How much is this home worth?
The estimated value of the home located at 246 Griswold Street is $98,211.
What are some comparable homes to 246 Griswold Street?
There are currently no comparable homes to 246 Griswold Street.
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