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Jackson 49202
511 Adams Street
$96,000
● House - Off Market

511 Adams Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
759 Ft²
$99,628
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Located within walking distance of restaurants, shopping centers, and other Jackson amenities, including the Optimist Park currently under renovation, this 2 bedroom/1 bathroom house is ready for its new owners! The attached garage in the back enters into a kitchen area that opens up to the dining room while up front, an enclosed porch provides access to the living room. A staircase to the walk up attic can be found in the closet of the 2nd bedroom. The full basement provides plenty of storage and potential for other options in the future. A great, low maintenance alternative to rent in a convenient location at a price like this won't last long, so call today for your private tour!
Unit Size
759 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$132
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1942

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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 #23133159)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Sep 8, 2023 Listed by ERA REARDON REALTY, L.L.C. $100,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • 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: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 748
  • Garage Type: 7
  • Garage Square Area: 301
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,526
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 340
  • Total Building Area: 759
  • Building Area: 759
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 759
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000058
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT A PT ON S LN OF ADAMS ST 153.06 FT W OF W LN OF LANSING AVE TH S 74.25 FT TH W 34 FT TH N 74.25 FT TH E 34 FT TO BEG

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 2-43
  • District: 50
  • Parcel: 2-201800000
  • Meridian: SEC 27 TWN 02S RNG 01W
  • Municipality: JACKSON CITY
  • Latitude: 42.2623
  • Longitude: -84.4181

    Address

  • Full Address: 511 Adams St
  • Address - House Number: 511
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2101
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $133,632
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 92,410
  • High Value: 102,475
  • Low Value: 82,346

    Market Valuation

  • Market Total Value: $83,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,600
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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mike Kanser, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23133159
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 511 Adams Street built and last sold?
The property at 511 Adams Street was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 511 Adams Street is $100,942.
What are some comparable homes to 511 Adams Street?
There are currently no comparable homes to 511 Adams Street.
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