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Jackson 49202
907 N Elm Avenue
$84,000
● House - Off Market

907 N Elm Avenue

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$588
Est. Monthly

About This Property

**Back on the Market at no fault of the home (buyer got cold feet)** Cozy and affordable 2-bedroom, 1-bath home on the north side of Jackson with both front and rear porches. Ideal starter home with convenient access-just over half a mile to I-94 and under 5 minutes to US-127. Priced aggressively to sell and move-in ready with no major issues. Furnace is brand new, water heater is <1yr old and roof is good! A great value in today's market!
Unit Size
936 Ft²
Days on Market
46 days
Land Size
0.10 acres
Price per sqft
$90
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1930

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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: 9 months ago (MichRIC MLS #25062977)

Price History

Date / Event Date Event Price
Mar 9, 2026 Sold
Premium
Sold
Feb 6, 2026 In contract -
In contract
Jan 23, 2026 Relisted $84,000
Relisted
Jan 7, 2026 In contract -
In contract
Jan 3, 2026 Price Increased $84,000
↑ $4K (5%)
Price Increased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 432
  • Garage Type: 7
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,225
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 320
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLAKELY HEIGHTS SUB
  • Land Acres: 0000000097
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 22 FT OF LOT 67 & S 10 FT OF LOT 68 BLAKELY HEIGHTS SUB DIV

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-17
  • District: 50
  • Parcel: 8-108600000
  • Lot: 67-68
  • Municipality: JACKSON CITY
  • Latitude: 42.2643
  • Longitude: -84.3841

    Address

  • Full Address: 907 N Elm Ave
  • Legal Unit: 67,68
  • Address - House Number: 907
  • Street Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 2514
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $118,742
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 99,479
  • High Value: 124,458
  • Low Value: 74,500

    Market Valuation

  • Market Total Value: $69,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,600

    Exemptions

  • Homeowner Exemption: Yes
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 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Watson Brothers Team, Coldwell Banker Beiswanger Realty Group
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 25062977
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 907 North Elm Avenue built and last sold?
The property at 907 North Elm Avenue was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 907 North Elm Avenue is $0.
What are some comparable homes to 907 North Elm Avenue?
There are currently no comparable homes to 907 North Elm Avenue.
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