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Jackson 49201
503 W Trail Street
Photo of 503 W Trail Street
Sold on Jul 30, 2026

3

Map

Photo of 503 W Trail Street
Photo of 503 W Trail Street
$105,000
● House - Off Market

503 W Trail Street

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,271 Ft²
$790
Est. Monthly
16.67%
Cap Rate

About This Property

This single family 3 bedroom property is City certified & was  being rented for $1,275 per month with the tenants being responsible for all utilities, lawn, snow and trash. Property is now available for FHA and VA financing, contact a local REALTOR to get your tour scheduled.
Unit Size
1,271 Ft²
Days on Market
344 days
Land Size
0.30 acres
Price per sqft
$90
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1880

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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: 4 months ago (MichRIC MLS #25042394)

Price History

Date / Event Date Event Price
Jul 30, 2026 Sold
Premium
Sold
May 19, 2026 In contract -
In contract
Apr 24, 2026 Price Decreased $114,900
↓ $20K (14.8%)
Price Decreased
Aug 20, 2025 Listed by Executive Brokers Residential and Commercial Real Estate $134,900
Listed by Executive Brokers Residential and Commercial Real Estate
Jul 26, 2024 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 663
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,271
  • Building Area: 1,271
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,271
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEWARDS AMENDED ADD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 25 FT OF LOT 8 & ALL OF LOT 9 BLK 8 STEWARD'S AMENDED ADD 1028

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000100

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 2-25
  • District: 50
  • Parcel: 2-102700000
  • Block: 8
  • Lot: 8-9
  • Municipality: JACKSON CITY
  • Latitude: 42.2528
  • Longitude: -84.4168

    Address

  • Full Address: 503 W Trail St
  • Legal Unit: 8,9
  • Address - House Number: 503
  • Street Direction: W
  • Address - Street Name: Trail
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C036
  • 4-Digit Zip Code: 1036
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $178,438
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.4734
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 5
  • Final Value: 114,798
  • High Value: 169,154
  • Low Value: 60,441

    Market Valuation

  • Market Total Value: $84,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,200

    Sales

  • Current Sale Contract Date: Nov 03, 2000
  • Current Sale Recording Date: Nov 20, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 26
  • Current Sale Input Document Number: 2173590
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
Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Clifford Risner, Executive Brokers Residential and Commercial Real Estate
Last Updated: 4 months ago
Data Source: MichRIC, MLS# 25042394
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 503 West Trail Street built and last sold?
The property at 503 West Trail Street was built in 1880 and last sold on Nov 3, 2000 for $48,000.
How much is this home worth?
The estimated value of the home located at 503 West Trail Street is $0.
What are some comparable homes to 503 West Trail Street?
There are currently no comparable homes to 503 West Trail Street.
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