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Jackson 49203
907 W Morrell Street
$170,000
● House - Off Market

907 W Morrell Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,152 Ft²
$1,172
Est. Monthly
14.32%
Cap Rate

About This Property

Huge Price Improvement! Situated on a double lot this charming house features a beautiful, heated enclosed porch, for enjoyment year round and additional square footage. Large open living room and dining space provide flexible seating options. Built-in shelves add lots of character and there is a convenient main floor powder room. Newer washer/dryer in the basement along with newer dishwasher. Attached carport provides your vehicle shelter from the elements along with plenty of space to build a garage. Above ground 12x20 Kayak pool needs new liner, the pump/filter worked as of last use Summer 2022. *picture included to show when pool is functioning. FHA 203K financing available the appraisal value based on completed renovation. Contact for more details.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$152
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1920

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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 #24047959)

Price History

Date / Event Date Event Price
Feb 6, 2025 Sold
Premium
Sold
Dec 22, 2024 In contract -
In contract
Dec 10, 2024 Relisted $174,900
Relisted
Dec 4, 2024 In contract -
In contract
Nov 1, 2024 Price Decreased $174,900
↓ $15K (7.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,195
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STARCROSS ADD
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 1238 LOTS 5 & 8 BLK 2 STARCROSS ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 3-124100000
  • Block: 2
  • Lot: 5,8
  • Municipality: JACKSON CITY
  • Latitude: 42.2399
  • Longitude: -84.4252

    Address

  • Full Address: 907 W Morrell St
  • Address - House Number: 907
  • Street Direction: W
  • Address - Street Name: Morrell
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C015
  • 4-Digit Zip Code: 1601
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $346,688
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 67
  • Final Value: 169,536
  • High Value: 209,520
  • Low Value: 129,552

    Market Valuation

  • Market Total Value: $136,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2902507
  • Previous Sale Recording Date: Dec 29, 1999
  • Previous Sale Contract Date: Dec 17, 1999
  • Previous Sale Amount: $82,500
  • 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:

$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: Darin M Shaw, The Brokerage House
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24047959
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 West Morrell Street built and last sold?
The property at 907 West Morrell Street was built in 1920 and last sold on Dec 17, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 907 West Morrell Street is $170,945.
What are some comparable homes to 907 West Morrell Street?
There are currently no comparable homes to 907 West Morrell Street.
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