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Jackson 49203
547 Pershing Avenue
$120,000
● House - Off Market

547 Pershing Avenue

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
656 Ft²
$578
Est. Monthly
11.86%
Cap Rate

About This Property

Charming 2 bed, 1 bath bungalow on nearly an acre in Western School District! This home features a full finishable basement, offering great potential for added living space. Enjoy peace of mind with newer windows and a 2-year-old roof. All appliances stay, including washer and dryer conveniently located on the main floor. The spacious 1.5 car garage provides extra storage or workspace. Plenty of room to roam outdoors with mature trees and open space. A perfect blend of comfort and opportunity-move-in ready and waiting for your personal touch!
Unit Size
656 Ft²
Days on Market
31 days
Land Size
0.93 acres
Price per sqft
$152
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #25025196)

Price History

Date / Event Date Event Price
Jun 30, 2025 Sold
Premium
Sold
Jun 4, 2025 In contract -
In contract
May 30, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $100,000
Listed by RE/MAX MID-MICHIGAN R.E.
Nov 1, 1992 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 560
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,424
  • Lot Size Depth Feet: 3,195
  • Lot Size Frontage Feet: 1,265
  • Total Building Area: 656
  • Building Area: 656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 656
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION
  • Land Acres: 0000000928
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 20 HOMEWOOD ACRES SUBDIVISION

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005502

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-31-405-011-00
  • Lot: 20
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2478
  • Longitude: -84.4685

    Address

  • Full Address: 547 Pershing Ave
  • Legal Unit: 20
  • Address - House Number: 547
  • Address - Street Name: Pershing
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C041
  • 4-Digit Zip Code: 1080
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,755
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 106,086
  • High Value: 126,273
  • Low Value: 85,899

    Market Valuation

  • Market Total Value: $66,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 1992
  • Current Sale Recording Date: Nov 01, 1992
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
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:

$234,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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: SHARON A. NORTON, RE/MAX MID-MICHIGAN R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25025196
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 547 Pershing Street built and last sold?
The property at 547 Pershing Street was built in and last sold on Nov 1, 1992 for $22,500.
How much is this home worth?
The estimated value of the home located at 547 Pershing Street is $101,069.
What are some comparable homes to 547 Pershing Street?
There are currently no comparable homes to 547 Pershing Street.
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