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Jackson 49203
736 W Franklin Street
$129,900
● House - Off Market

736 W Franklin Street

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,316 Ft²
$833
Est. Monthly
20.37%
Cap Rate

About This Property

Welcome to this character-filled Craftsman home, where original woodwork and timeless charm set the tone. Natural light pours into the spacious living room, framed by rich wood trim and vintage-style details. The adjacent flex space is ideal for a formal dining room, office, or creative nook-tailor it to your needs! Enjoy the cozy vibes of the enclosed front porch, the perfect spot for morning coffee or evening wind-downs, no matter the weather. Hardwood floors, high ceilings, and classic architecture give this home standout personality. Looking to grow? The basement or walk-up attic offers the potential for additional square footage-think fourth bedroom, home studio, or a dreamy retreat space. Basement is clean, bright and boast a brand new hot water tank. Make this home yours today!
Unit Size
1,316 Ft²
Days on Market
52 days
Land Size
0.12 acres
Price per sqft
$99
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1920

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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 #25014062)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
Apr 14, 2025 In contract -
In contract
Apr 8, 2025 Listed by Five Star Real Estate $129,900
Listed by Five Star Real Estate
Jun 17, 2020 Sold
Premium
Sold
Jun 6, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 598
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 403
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSORS FRANKLIN PLAT
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 27 ASSESSOR'S FRANKLIN PLAT

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 3-4
  • District: 50
  • Parcel: 3-031300000
  • Lot: 27
  • Municipality: JACKSON CITY
  • Latitude: 42.2441
  • Longitude: -84.421

    Address

  • Full Address: 736 W Franklin St
  • Legal Unit: 27
  • Address - House Number: 736
  • Street Direction: W
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C025
  • 4-Digit Zip Code: 2008
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $183,770
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 62
  • Final Value: 125,381
  • High Value: 158,368
  • Low Value: 92,393

    Market Valuation

  • Market Total Value: $104,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2852298
  • Previous Sale Recording Date: Jun 06, 2014
  • Previous Sale Contract Date: May 22, 2014
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: 27
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

Rentals Near You

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MichRIC

Listed by: TIMOTHY CREECH, Five Star Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25014062
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 736 West Franklin Street built and last sold?
The property at 736 West Franklin Street was built in 1920 and last sold on Jun 9, 2020 for $70,000.
How much is this home worth?
The estimated value of the home located at 736 West Franklin Street is $124,029.
What are some comparable homes to 736 West Franklin Street?
There are currently no comparable homes to 736 West Franklin Street.
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