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Jackson 49203
318 Hillside Avenue
$135,000
● House - Off Market

318 Hillside Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,114 Ft²
$726
Est. Monthly
13.81%
Cap Rate

About This Property

2 BR/1BA Bungalow with a loft of upstairs that could be used as a 3rd non conforming bedroom.
Unit Size
1,114 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$112
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1927

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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: 3 years ago (MichRIC MLS #24026163)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
Apr 26, 2024 Listed by NON-MEMBER REALTOR 'LIST' $124,900
Listed by NON-MEMBER REALTOR 'LIST'

Property Highlights

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 792
  • Garage Type: 7
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,114
  • Building Area: 1,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,114
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLAND
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 134 SOUTHLANDS

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 485-13-10-454-110-00
  • Lot: 134
  • Municipality: SUMMIT TWP
  • Latitude: 42.2223
  • Longitude: -84.4064

    Address

  • Full Address: 318 Hillside Ave
  • Legal Unit: 134
  • Address - House Number: 318
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C030
  • 4-Digit Zip Code: 4541
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,644
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 118,935
  • High Value: 148,723
  • Low Value: 89,147

    Market Valuation

  • Market Total Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000

    Exemptions

  • Homeowner Exemption: Yes
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

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MichRIC

Listed by: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24026163
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 318 Hillside Avenue built and last sold?
The property at 318 Hillside Avenue was built in 1927 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 318 Hillside Avenue is $0.
What are some comparable homes to 318 Hillside Avenue?
There are currently no comparable homes to 318 Hillside Avenue.
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