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Jackson 49202
606 Murphy Street
$81,000
● House - Off Market

606 Murphy Street

Jackson, MI 49202
bedrooms
1 Bed
bathrooms
0 Bath
square feet
548 Ft²
$486
Est. Monthly
15.16%
Cap Rate

About This Property

Blackman Township Bungalow - Come check out this great move in ready 1 bedroom, 1 bath ranch located on a quiet street near shopping and easy access to I-94 and US-127.  Featuring an open living room, main floor primary bedroom, updated kitchen with appliance package, updated full bath with tub/shower, main floor laundry/utility room with access to your private backyard.  Exterior features vinyl siding, private driveway, new privacy fence spans the entire backyard with patio and new storage shed.  Priced to sell quick!  Come see this home before it's gone!
Unit Size
548 Ft²
Days on Market
23 days
Land Size
0.14 acres
Price per sqft
$155
Property Type
House
Property Taxes
$68
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: 11 months ago (MichRIC MLS #25047458)

Price History

Date / Event Date Event Price
Oct 9, 2025 Sold
Premium
Sold
Sep 21, 2025 In contract -
In contract
Sep 16, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $84,900
Listed by RE/MAX MID-MICHIGAN R.E.
May 24, 2018 Sold
Premium
Sold
May 9, 2000 Sold
Premium
Sold

Property Highlights

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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Lot Size Depth Feet: 400
  • Total Building Area: 548
  • Building Area: 548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LITTLE KNOLL FARMS
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE W 40 FT OF S 148.41 FT OF LOT 17 LITTLE KNOLLS FARMS BEING A PART OF LOTS 1 AND 2 KINT'S COURT, UNRECORDED

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005700

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-22-302-041-00
  • Lot: 1-2,17
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2756
  • Longitude: -84.4183

    Address

  • Full Address: 606 Murphy St
  • Legal Unit: 17,1
  • Address - House Number: 606
  • Address - Street Name: Murphy
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C012
  • 4-Digit Zip Code: 1625
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,483
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 88,274
  • High Value: 109,267
  • Low Value: 67,281

    Market Valuation

  • Market Total Value: $56,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2797204
  • Previous Sale Recording Date: May 09, 2000
  • Previous Sale Contract Date: May 04, 2000
  • Previous Sale Amount: $44,000
  • Previous 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:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: AJ Crownover, RE/MAX MID-MICHIGAN R.E.
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 25047458
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 606 Murphy Drive built and last sold?
The property at 606 Murphy Drive was built in and last sold on May 18, 2018 for $44,999.
How much is this home worth?
The estimated value of the home located at 606 Murphy Drive is $85,416.
What are some comparable homes to 606 Murphy Drive?
There are currently no comparable homes to 606 Murphy Drive.
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