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Albion 49224
301 Perry Street
Photo of 301 Perry Street
Sold on Oct 16, 2026

2

Map

Photo of 301 Perry Street
$91,000
● House - Off Market

301 Perry Street

Albion, MI 49224
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,718 Ft²
$728
Est. Monthly

About This Property

Situated close to downtown, this home has been well loved throughout the years, with much of the original woodwork intact. The main floor features formal dining, a bedroom with half bath, a bright kitchen and large family room. Upstairs you find three additional bedrooms and a full bath, along with ample storage and charm.  With a full basement, detached garage, and a front porch for those summer nights, there's a lot to love here. This property offers a unique opportunity build sweat equity, so roll up your sleeves and call today!
Unit Size
1,718 Ft²
Days on Market
59 days
Land Size
0.09 acres
Price per sqft
$76
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
1914

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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: 17 days ago (MichRIC MLS #26043301)

Price History

Date / Event Date Event Price
Oct 16, 2026 Sold
Premium
Sold
Aug 28, 2026 In contract -
In contract
Aug 17, 2026 Listed by Howard Hanna Real Estate Services $129,900
Listed by Howard Hanna Real Estate Services
Mar 15, 2016 Sold
Premium
Sold
Jun 15, 2015 Listed by Howard Hanna Real Estate Services $57,500
Listed by Howard Hanna Real Estate Services

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 844
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,095
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 392
  • Total Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALBION CITY ORIGINAL
  • Land Acres: 0000000094
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, ORIGINAL PLAT BLK 31 W 2 1/2 RDS OF LOT 10

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003400

Zoning

  • Zoning: R3C

Geography

  • District: 51
  • Parcel: 51-000-533-00
  • Block: 31
  • Lot: 10
  • Municipality: ALBION CITY
  • Latitude: 42.2462
  • Longitude: -84.7498

    Address

  • Full Address: 301 Perry St
  • Address - House Number: 301
  • Address - Street Name: Perry
  • Address - Suffix Type: St
  • State: MI
  • City Name: Albion
  • Carrier Code: C005
  • 4-Digit Zip Code: 1718
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $88,854

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 60,595
  • High Value: 88,897
  • Low Value: 32,292

    Market Valuation

  • Market Total Value: $82,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2016
  • Current Sale Recording Date: Mar 15, 2016
  • Current Sale Price:
    Premium
  • Current 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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1488 ft²

Average Home Age

107.6 years

Currently For Sale

16 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

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MichRIC

Listed by: KAYLA DOMINIQUE, Howard Hanna Real Estate Services
Last Updated: 17 days ago
Data Source: MichRIC, MLS# 26043301
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 301 Perry Street built and last sold?
The property at 301 Perry Street was built in 1914 and last sold on Mar 4, 2016 for $57,500.
How much is this home worth?
The estimated value of the home located at 301 Perry Street is $125,438.
What are some comparable homes to 301 Perry Street?
There are currently no comparable homes to 301 Perry Street.
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