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Portage 49024
8036 Perry Street
$50,000
● Land - Off Market

8036 Perry Street

Portage, MI 49024
bedrooms
Studio
bathrooms
0 Bath
$303
Est. Monthly

About This Property

Endless possibilities with this spacious vacant lot (0.739 acres) situated on a quiet street conveniently located to Portage shops and restaurants with the peaceful Portage Creek running along the backyard.  Ready for your dream home, this beautiful property also features a barn complete with a versatile workshop (ideal for hobbyists, storage, or future projects)

Buyer to confirm utility hookup availability
Unit Size
-
Days on Market
36 days
Land Size
0.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
$57
HOA Dues
-
Year Built
1977

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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: 2 years ago (MichRIC MLS #25018237)

Price History

Date / Event Date Event Price
Jun 3, 2025 Sold
Premium
Sold
Apr 28, 2025 Listed by Five Star Real Estate $50,000
Listed by Five Star Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 672
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 32,234
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 975
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEDALE SUBDIVISION
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ROSEDALE SUBDIVISION LOT 7 & S 1/2 OF LOT 8

Neighborhood

  • School District Name: Portage Public Schools
  • School Tax School District: PORTAGE
  • Census Tract: 002002

Zoning

  • Zoning: R-1A

Geography

  • District: 10
  • Parcel: 10-07200-007-O
  • Lot: 7-8
  • Municipality: PORTAGE CITY
  • Latitude: 42.1999
  • Longitude: -85.5986

    Address

  • Full Address: 8036 Perry St
  • Address - House Number: 8036
  • Address - Street Name: Perry
  • Address - Suffix Type: St
  • State: MI
  • City Name: Portage
  • Carrier Code: C023
  • 4-Digit Zip Code: 5425
  • Zip Code: 49024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $86,871

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 83,926
  • High Value: 96,939
  • Low Value: 70,914

    Market Valuation

  • Market Total Value: $42,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,400
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 Portage

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2089 ft²

Average Home Age

44.7 years

Currently For Sale

126 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 6600 Constitution Blvd, MI, 49024

$960 /mo

  • 1 Bed
  • 1 Bath
6600 Constitution Blvd, MI, 49024 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kim Williams, Five Star Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25018237
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 8036 Perry Street built and last sold?
The property at 8036 Perry Street was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8036 Perry Street is $50,500.
What are some comparable homes to 8036 Perry Street?
There are currently no comparable homes to 8036 Perry Street.
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