Sold

$82,500

121 S Forbes St, Jackson, MI 49203

3beds

2baths

--sqft

2 to 4 Units

Built in 1920

-- sqft lot

$99,400 Zestimate^®

$--/sqft

$1,201 Estimated rent

Home value

$99,400

$78,000 - $122,000

$1,201/mo

Zestimate^® history

Owner options

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$1,201/mo

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$1,201/mo

Rent Zestimate^®

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$436/mo

Est. payment

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$436/mo

Est. payment

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What's special

Large front porch

This 2 unit investment property has been well kept and the maintenance is up to date. City Certified and fully rented out. $14,700 Gross income per year. Large front porch. Inside access to both units. The main floor unit is a 2 bedroom 1 bath with laundry hook up and rents for 625. The upstairs unit is a 1 bedroom 1 bath and also has laundry hook up and rents for 600. Add this property to your portfolio today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air, None

Features

Basement: Full

Property

Parking

Total spaces: 2
Parking features: Aggregate, Driveway

Lot

Size: 8,712 Square Feet
Dimensions: 131 x 66
Features: Flag Lot

Details

Parcel number: 6078400000
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Jackson

Financial & listing details

Tax assessed value: $26,565
Annual tax amount: $1,749
Date on market: 12/7/2023
Listing terms: FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
1/5/2024	Sold	$82,500-2.8%
Source: MichRIC #23137094 Report a problem
12/9/2023	Contingent	$84,900
Source: MichRIC #23137094 Report a problem
12/8/2023	Listed for sale	$84,900-5.7%
Source: MichRIC #23137094 Report a problem
11/2/2023	Contingent	$90,000
Source: MichRIC #23137094 Report a problem
10/5/2023	Listed for sale	$90,000+54.5%
Source: MichRIC #23137094 Report a problem
7/8/2021	Sold	$58,240
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$40,800 +24.4%
2024	--	$32,800 +51.9%
2021	$1,111	$21,600 +7.5%
2020	$1,111 +2.8%	$20,100 +30.5%
2019	$1,081 -8.9%	$15,400 -22.6%
2018	$1,186 +11.2%	$19,900 +12.4%
2017	$1,067	$17,700 -2.7%
2016	$1,067 +3.4%	$18,200 +8.7%
2015	$1,032	$16,750 -12.3%
2014	$1,032	$19,100 +6.7%
2012	--	$17,900 -9.6%
2011	--	$19,800 -13.2%
2010	--	$22,800 -9.2%
2009	--	$25,100