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Jackson 49201
7551 Blackman Road
$239,900
● House - Off Market

7551 Blackman Road

Jackson, MI 49201
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,108 Ft²
$1,358
Est. Monthly
13.11%
Cap Rate

About This Property

Look no further! Private setting for this 5 BR, 2 Bath home. Sits on almost 2 acres, set up as a country retreat, hobby farm! Enjoy the open floor plan, large updated windows flooding the house with natural daylight. Formal dining room could be a laundry or an additional bedroom. The Finished walkout basement offers an additional kitchen great for parties, canning and it is set up perfect for mother-in-law quarters or guest space, where there is 2 additional bedrooms, possibly 3 and the 2nd full bathroom, Large family room & massive storage, laundry, utility room.  New appliances, flooring and paint throughout. Enjoy the updated furnace, central air & new steel roof! Outside there's a 2car detached garage, patio, chicken coop/ run & small animal barn! Hurry this home will not last!
Unit Size
2,108 Ft²
Days on Market
-
Land Size
1.71 acres
Price per sqft
$114
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1968

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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: 3 years ago (MichRIC MLS #23137416)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Oct 6, 2023 Listed by C-21 Affiliated - Jackson $239,900
Listed by C-21 Affiliated - Jackson
Feb 5, 2020 Sold
Premium
Sold
Dec 21, 2019 No longer available -
No longer available
Dec 15, 2019 Listed by C-21 Affiliated - Jackson $159,900
Listed by C-21 Affiliated - Jackson
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,008
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,488
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DURANDS ADDITION
  • Land Acres: 0000001710
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT W 1/4 POST OF SEC 31 TH E ALG E&W 1/4 LN 464.6 FT TH S 160 FT TH W 464.6 FT TH N 160 FT TO BEG SEC 31 T1S R1W 1.71A

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006701

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 13
  • Parcel: 000-03-31-301-001-00
  • Meridian: SEC 31 TWN 01S RNG 01W
  • Municipality: RIVES TWP
  • Latitude: 42.342
  • Longitude: -84.4824

    Address

  • Full Address: 7551 Blackman Rd
  • Address - House Number: 7551
  • Address - Street Name: Blackman
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R004
  • 4-Digit Zip Code: 7455
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $106,256
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 88
  • Final Value: 244,558
  • High Value: 271,715
  • Low Value: 217,401

    Market Valuation

  • Market Total Value: $163,200
  • Market Land Value: $163,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,600
  • Assessed Land Value: $81,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2842054
  • Previous Sale Recording Date: Aug 15, 2000
  • Previous Sale Contract Date: Aug 04, 2000
  • Previous Sale Amount: $45,000
  • 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

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MichRIC

Listed by: ERIC ROPP, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23137416
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 7551 Blackman Road built and last sold?
The property at 7551 Blackman Road was built in 1968 and last sold on Jan 29, 2020 for $148,500.
How much is this home worth?
The estimated value of the home located at 7551 Blackman Road is $0.
What are some comparable homes to 7551 Blackman Road?
There are currently no comparable homes to 7551 Blackman Road.
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