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Jackson 49203
338 Wall Street
$125,000
● House - Off Market

338 Wall Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,956 Ft²
$144,165
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This home has been loved and well maintained by the same family for the past 63 years. It boast with the pride of home ownership and has hosted many family gatherings through the years. It features an open concept main floor with a large family room for entertaining and a cozy den anchored by a beautiful fireplace. Two bedrooms with ample storage and one full bath. Partial basement with dedicated laundry and a bonus room that could be finished for additional living space. Optimal storage within a two and half car garage; with a ramp for ease of access to the house. Lastly, step outside through the sliding door to enjoy your quite and partially wooded back yard. Reach out today to schedule a showing!
Unit Size
1,956 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$72
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1960

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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 #23002805)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Jan 27, 2023 Listed by BNR Real Estate Group $139,900
Listed by BNR Real Estate Group

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 600
  • 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: 13,024
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACKSON LAND & IMPROVEMENT COS SUB
  • Land Acres: 0000000299
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 1584, 1585 LOTS 10 & 11 BLK 7 JACKSON LAND & IMPROVEMENT CO'S SUB DIV OF BLKS 7 & 10 & PART OF BLK 4 EGGLESTON'S 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
  • District: 50
  • Parcel: 5-1584.1000
  • Block: 4,7,10
  • Lot: 10-11
  • Municipality: JACKSON CITY
  • Latitude: 42.2314
  • Longitude: -84.3955

    Address

  • Full Address: 338 Wall St
  • Address - House Number: 338
  • Address - Street Name: Wall
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C021
  • 4-Digit Zip Code: 4377
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $130,705
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 138,443
  • High Value: 153,522
  • Low Value: 123,365

    Market Valuation

  • Market Total Value: $93,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,900

    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:

$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

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MichRIC

Listed by: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23002805
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 338 Wall Street built and last sold?
The property at 338 Wall Street was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 338 Wall Street is $147,100.
What are some comparable homes to 338 Wall Street?
There are currently no comparable homes to 338 Wall Street.
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