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Jackson 49202
838 Fleming Avenue
$120,000
● House - Off Market

838 Fleming Avenue

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$654
Est. Monthly
18.37%
Cap Rate

About This Property

Adorable one level home.  Everything you need is easily accessible on one floor.  3 Bedrooms 1 bath and main floor laundry.  Good mechanicals, new carpeting, fresh paint inside, and move in ready.  Nice semi-private back yard with 1 car detached garage.  Located near I94 and 127 highways for easy commute.  Charming park nearby also!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$114
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1950

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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 #24046127)

Price History

Date / Event Date Event Price
Oct 11, 2024 Sold
Premium
Sold
Sep 9, 2024 In contract -
In contract
Sep 3, 2024 Listed by ERA REARDON REALTY, L.L.C. $115,000
Listed by ERA REARDON REALTY, L.L.C.
Jun 30, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 768
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,661
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 518
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    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: ASSESSOR CRARYS PLAT
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 0880.1A S 40.93 FT OF W 90 FT OF E 123 FT OF LOT 241 & N 10.88 FT OF W 90 FT OF E 123 FT OF LOT 240 ASSESSOR CRARY'S PLAT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000400

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 8-0879.1A00
  • Lot: 240-241
  • Municipality: JACKSON CITY
  • Latitude: 42.2617
  • Longitude: -84.387

    Address

  • Full Address: 838 Fleming Ave
  • Address - House Number: 838
  • Address - Street Name: Fleming
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 3526
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,590
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 61
  • Final Value: 90,360
  • High Value: 114,767
  • Low Value: 65,954

    Market Valuation

  • Market Total Value: $57,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2853575
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: RICH COOK, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24046127
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 838 Fleming Avenue built and last sold?
The property at 838 Fleming Avenue was built in 1950 and last sold on Apr 30, 2020 for $50,000.
How much is this home worth?
The estimated value of the home located at 838 Fleming Avenue is $116,122.
What are some comparable homes to 838 Fleming Avenue?
There are currently no comparable homes to 838 Fleming Avenue.
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