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Jackson 49203
2901 Kibby Road
$315,000
● House - Off Market

2901 Kibby Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,025 Ft²
$342,733
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

GREAT INVESTMENT OPPORTUNITY! Property features a primary dwelling with hints of classic charm and some subtle modern updates.  Home has a main floor master with access to a full bath and dedicated laundry. Additional 2 bedrooms and 1 full bath upstairs. Brand new stainless steel appliances, furnace (2021), paint and flooring throughout.

Property also comes with two income properties with long term tenants. Each unit features 1 bedroom, 1 bath and their own deck. Dedicated parking out front and access to a shared laundry area.

Reach out today to schedule your private showing!
Unit Size
2,025 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$165
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1902

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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: 3 years ago (MichRIC MLS #22022028)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by BNR Real Estate Group $335,000
Listed by BNR Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,632
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 2,550
  • Total Building Area: 3,393
  • Building Area: 3,393
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,393
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001346
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 17 TH W ON 1/4 LN 16 RDS TH N PAR WITH SEC LN TO CEN OF HWY TH NELY ALG CEN OF HWY TO E SEC LN TH S

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 000-13-17-287-059-00
  • Meridian: SEC 17 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.2122
  • Longitude: -84.4429

    Address

  • Full Address: 2901 Kibby Rd
  • Address - House Number: 2901
  • Address - Street Name: Kibby
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 4913
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $639,481
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 342,939
  • High Value: 380,290
  • Low Value: 305,587

    Market Valuation

  • Market Total Value: $307,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,500
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

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: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22022028
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 2901 Kibby Road built and last sold?
The property at 2901 Kibby Road was built in 1902 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2901 Kibby Road is $336,596.
What are some comparable homes to 2901 Kibby Road?
There are currently no comparable homes to 2901 Kibby Road.
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