1 year on rocket

521 Steward Ave, Jackson, MI, 49201

$89,000

Home List Price

$1,057*

Closing Credit

0 Baths
Multi

Location

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521 Steward Ave, Jackson$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingForced Air, Natural Gas
BasementYes
MLS #55023141225
Lot Size0.15 Acres
StatusActive

About 521 Steward Ave

PRIME OPPORTUNITY FOR INVESTORS & HOME BUYERS! Brand new furnace 2024. This dynamic rental concept offers a rooming house comprised of 11 rent-ready rooms & 3 bathrooms. Property backs up to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. Create cash flow & build your rental portfolio. Great parking. The seller has good success w/ this concept. Tenants pay weekly. The owner manages the property & covers utilities. Vinyl siding & interior updates. This could be a great setup for a home owner to create income by renting out rooms to over your mortgage. Other possibilities could include in-law/multi-generational housing, at-home caregiver, multi-unit & more! Showings Monday - Friday 9:00-3:30.

Property Details

Property Features

Property Information:

  • Year Built: 1935

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Between Ganson & Trail

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000

Tax Information:

  • Annual Amount: $805
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Jackson, MI.

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Jackson, MI

City

Med. Sold Price

$185K

Med. Price/SqFt

$120

Avg. Days On Market

44

# of Sold Homes

99

521 Steward Ave vs Jackson

411 DAYS ON ROCKET

+367 Days

$89,000

-$96K Less

KEY TAKEAWAY

This property is $96K less than the Median Sold Price in Jackson, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Jackson Area Association of REALTORS
  • MLS Number: #55023141225

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$805$18,550
2020$747$16,900
2019$684$13,250
2018$672$14,000
2017$672$13,400

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1014060
4
/10

  • Jps Montessori Center

  • 820 Bennett St

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-1014061
4
/10

  • Hunt Elementary School

  • 1143 N Brown St

  • 1.05 miles

  • Public Magnet Grades KG-5

school-card-donut-1014062
3
/10

  • Cascades Elementary School

  • 1226 S Wisner St

  • 1.44 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,768. The most common annual income of people living in Jackson, MI is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Jackson, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Jackson, MI.

The housing landscape in Jackson, Michigan, is characterized by a mix of architectural styles, with single-family homes being the most prevalent, reflecting a strong tradition of homeownership. The market is diverse, offering a range of living options from historic homes to more contemporary townhouses and apartments. The area has seen a steady growth in residential development, with a significant portion of homes dating back to the mid-20th century, contributing to the city's historic charm.

What is it like to live in Jackson, MI?

Jackson prides itself on a rich historical heritage and a strong sense of community. The city is celebrated for its vibrant cultural scene, including annual events that showcase local talent and community spirit. Residents enjoy a variety of recreational activities, with well-maintained parks and community centers serving as popular gathering spots. The downtown area, with its unique blend of historic buildings and modern amenities, serves as the cultural and social hub of the city.

Is it easy to get around Jackson, MI without a car?

Jackson is served by a robust educational system, including numerous public schools that cater to students from kindergarten through high school, as well as private educational institutions, some with religious affiliations. The city is home to several healthcare facilities, offering a range of services from primary care to specialized medical treatments. The public library system is extensive, providing residents with access to a wealth of resources. Retail and dining options reflect the local culture, with a mix of national chains and independent businesses that contribute to the city's diverse service landscape.

Transportation in Jackson, MI.

Transportation in Jackson includes a network of roads and highways that connect residents to nearby cities and attractions, with ongoing improvements aimed at enhancing traffic flow and safety. Public transit options are available, with bus services operating on a set schedule, facilitating access to key areas within the city. While ride-sharing services are present, the city also encourages walkability and bikeability, particularly in the downtown area, which is designed to be pedestrian-friendly.

Rocket Homes›Michigan›Jackson County›Jackson›49201›521 Steward Ave

This home is located at 521 Steward Ave in Jackson, MI and zip code 49201. This home, which was built in 1935, sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $89,000.

Jackson, MI housing market in November 2024 saw over 30 listings sold above listed price, more than 17 sold at listed price and over 52 sold below. In November 2024 in Jackson, MI there were 0.9% more homes for sale than in October 2024. While the average time on the market in November 2024 was 44 days, the median list price was $185,038.

From Rocket Homes Real Estate and based on county public records data.

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