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Jackson 49203
918 Orchard Place
$80,000
● House - Off Market

918 Orchard Place

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,342 Ft²
$429
Est. Monthly
31.32%
Cap Rate

About This Property

Take a look at this recently updated home featuring 3 bedrooms, 1 bathroom and conveniently close to all downtown Jackson has to offer. Also, newer electric, drywall and plumbing.
Unit Size
1,342 Ft²
Days on Market
97 days
Land Size
0.11 acres
Price per sqft
$60
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1910

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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 #25033769)

Price History

Date / Event Date Event Price
Oct 15, 2025 Sold
Premium
Sold
Aug 27, 2025 In contract -
In contract
Aug 18, 2025 Price Decreased $79,900
↓ $3K (3.6%)
Price Decreased
Jul 31, 2025 Price Decreased $82,900
↓ $2K (2.5%)
Price Decreased
Jul 10, 2025 Listed by Sproat Realty Professionals-J $85,000
Listed by Sproat Realty Professionals-J
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 670
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,661
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,342
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD PLACE
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 28 ORCHARD PLACE

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001100

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 5-14
  • District: 50
  • Parcel: 5-055700000
  • Lot: 28
  • Municipality: JACKSON CITY
  • Latitude: 42.2391
  • Longitude: -84.403

    Address

  • Full Address: 918 Orchard Pl
  • Legal Unit: 28
  • Address - House Number: 918
  • Address - Street Name: Orchard
  • Address - Suffix Type: Pl
  • State: MI
  • City Name: Jackson
  • Carrier Code: C019
  • 4-Digit Zip Code: 3241
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,699
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 71,303
  • High Value: 89,207
  • Low Value: 53,399

    Market Valuation

  • Market Total Value: $38,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000

    Sales

  • Current Sale Contract Date: Feb 16, 2000
  • Current Sale Recording Date: Mar 08, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2147478
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: Trey Waldofsky, Sproat Realty Professionals-J
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25033769
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 918 Orchard Place built and last sold?
The property at 918 Orchard Place was built in 1910 and last sold on Feb 16, 2000 for $27,000.
How much is this home worth?
The estimated value of the home located at 918 Orchard Place is $84,358.
What are some comparable homes to 918 Orchard Place?
There are currently no comparable homes to 918 Orchard Place.
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