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Jackson 49203
727 Lawrence Street
$2,501
● Land - Off Market

727 Lawrence Street

Jackson, MI 49203
bedrooms
Studio
bathrooms
0 Bath
$45
Est. Monthly

About This Property

Nice city lot available. Large corner lot close to Cascades! Perfect for a walkout!All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on ''Start Offer''.This property may qualify for Seller Financing (Vendee).If property was built prior to 1978, Lead Based Paint Potentially Exists.
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$36
HOA Dues
-
Year Built
1930

Payment Calculator

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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 #24030118)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
Jul 19, 2024 In contract -
In contract
Jun 13, 2024 Listed by C-21 Affiliated - Jackson $1,750
Listed by C-21 Affiliated - Jackson
Dec 7, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,065
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,065
  • Building Area: 2,065
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,065
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LOESERS SUB
  • Land Acres: 0000000093
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: LOT 1 & NLY 20 FT OF LOT 16 BLK 7 LOESER'S SUB DIV OF BLKS 14, 15 & 16 & PART OF BLKS 6, 7 & 8 JACKSON MOUND ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 3-190300000
  • Block: 7,14,6
  • Lot: 1,16
  • Municipality: JACKSON CITY
  • Latitude: 42.2333
  • Longitude: -84.4205

    Address

  • Full Address: 727 Lawrence St
  • Legal Unit: 1,16
  • Address - House Number: 727
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 2931
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,473,989
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 50

    Market Valuation

  • Market Total Value: $2,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,100

    Sales

  • Current Sale Contract Date: Nov 30, 2001
  • Current Sale Recording Date: Dec 07, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2218364
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: RHONDA K. MILES, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24030118
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 727 Lawrence Street built and last sold?
The property at 727 Lawrence Street was built in 1930 and last sold on Nov 30, 2001 for $115,000.
How much is this home worth?
The estimated value of the home located at 727 Lawrence Street is $1,768.
What are some comparable homes to 727 Lawrence Street?
There are currently no comparable homes to 727 Lawrence Street.
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