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Jackson 49203
512 S Wisner Street
$315,000
● House - Off Market

512 S Wisner Street

Jackson, MI 49203
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,688 Ft²
$1,966
Est. Monthly
8.75%
Cap Rate

About This Property

Spacious and versatile, this 5-bedroom, 3-bath home offers the possibility of a 6th bedroom off of the attic space. The kitchen boasts granite countertops and stainless steel appliances, opening to a bright dining area and inviting three-seasons room. A true retreat, the master suite features a walk-in closet and private bath. The partially finished walk-out basement offers a green room, storage, and a walk-in cooler (currently not operational, but could easily be restored with a new compressor). Outdoors, enjoy a fenced backyard complete with an outdoor basketball court, storage shed, and potting shed-perfect for recreation, gardening, and hobbies. Conveniently located close to Queens and local amenities, this home blends comfort, function, and charm.
Unit Size
2,688 Ft²
Days on Market
191 days
Land Size
0.30 acres
Price per sqft
$117
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1945

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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: 9 months ago (MichRIC MLS #25042230)

Price History

Date / Event Date Event Price
Feb 27, 2026 Sold
Premium
Sold
Jan 21, 2026 In contract -
In contract
Sep 9, 2025 Price Decreased $314,900
↓ $15K (4.6%)
Price Decreased
Aug 20, 2025 Listed by ERA REARDON REALTY, L.L.C. $330,000
Listed by ERA REARDON REALTY, L.L.C.
Jul 18, 2016 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,080
  • 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: 13,068
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHOEMAKERS ADD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 33 FT OF LOTS 1 & 2 & ALL OF LOT 6 BLK 19 SHOEMAKER'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 3-089700000
  • Block: 19
  • Lot: 1-2,6
  • Municipality: JACKSON CITY
  • Latitude: 42.2432
  • Longitude: -84.4285

    Address

  • Full Address: 512 S Wisner St
  • Legal Unit: 1,6
  • Address - House Number: 512
  • Street Direction: S
  • Address - Street Name: Wisner
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C048
  • 4-Digit Zip Code: 1576
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,091
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 291,187
  • High Value: 356,007
  • Low Value: 226,367

    Market Valuation

  • Market Total Value: $212,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2016
  • Current Sale Recording Date: Jul 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2745210
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

1485 ft²

Average Home Age

98.3 years

Currently For Sale

119 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: ALEX C PERLOS, ERA REARDON REALTY, L.L.C.
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 25042230
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 512 South Wisner Street built and last sold?
The property at 512 South Wisner Street was built in 1945 and last sold on Jul 13, 2016 for $210,000.
How much is this home worth?
The estimated value of the home located at 512 South Wisner Street is $318,049.
What are some comparable homes to 512 South Wisner Street?
There are currently no comparable homes to 512 South Wisner Street.
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