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Triplex Property With Outbuildings
For Sale
Under Contract
$500,000

7130 Platt Road, Ypsilanti, MI 48197

Multi Family, Ypsilanti, MI

Property SizeContact for details
Lot Size3.00 Acres
Days on Market204

Property Features for 7130 Platt Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description AG
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 3, Basement, Bathroom 2
Parking 10
Basement Full
Lot features Level
Middle school Saline Middle School
High school Saline High School
Elementary school district Saline
Middle school district Saline
High school district Saline
Directions Off Platt between Michigan Avenue and Bemis
Standard status Active Under Contract
APN L-12-34-100-008
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OWNER REQUEST PI 34-1A-1A PCL ''A'' COM AT NE COR SEC 34, TH S 01-40-43 E 623.67 FT TO A POB, TH CONT S 01-40-43 E 318.83 FT, TH S 88-19-17 W 447.02 FT, TH N 01-40-43 W 301.89 FT, TH N 86-09-01 E 447.34 FT TO POB. PT OF NE 1/4 SEC 34, T3S-R6E, 3.19 AC.
Legal Description OWNER REQUEST PI 34-1A-1A PCL ''A'' COM AT NE COR SEC 34, TH S 01-40-43 E 623.67 FT TO A POB, TH CONT S 01-40-43 E 318.83 FT, TH S 88-19-17 W 447.02 FT, TH N 01-40-43 W 301.89 FT, TH N 86-09-01 E 447.34 FT TO POB. PT OF NE 1/4 SEC 34, T3S-R6E, 3.19 AC.

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Hot Water(Heating), Forced Air
Cooling system Wall Unit(s), Window Unit(s)
Water source Well

Amenities

barn
pole barn
steel shed
cold storage building
greenhouse
lean-to

Building Details

Year built 1842
Number of units 3
Building materials Vinyl Siding
Listing Agency: Howard Hanna Real Estate
Listed By: Anne Gilbert · License #6506039567
Added: Mar 4 Changed: Sep 15 Last Checked: Sep 24 at 1:06AM
MLS# 26008067

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex-style property centers on an Italianate farmhouse built in 1842, with a primary residence and two second-floor apartments. The main home includes 10-foot ceilings, large windows, refinished pine and oak floors, a cherry kitchen, three bedrooms, a first-floor laundry, a family room, and an upstairs office. The apartments have a separate covered entrance and share laundry facilities in an enclosed porch. Mechanical work completed in 2025 includes a new septic system, roof and gutters, updated electrical and plumbing, a water heater, sump pump, kitchen flooring, and interior paint.

Additional improvements support vehicle storage, workshop, agricultural, and small-business uses. They include a 2,400-square-foot pole barn with two tall bay doors and a 1,600-square-foot attached lean-to, a 940-square-foot steel shed with restoration equipment, a classic red barn, cold storage, and a 168-square-foot greenhouse. The property is near Ann Arbor, Saline, and Ypsilanti, with access to US-23, I-94, and Michigan Avenue/US-12. A bike and walking path runs in front of the house and connects toward Ann Arbor and Saline.

Key Highlights

  • Three‑residence configuration with a primary home and two second‑floor apartments
  • 1842 Italianate farmhouse with 10‑foot ceilings and refinished pine and oak floors
  • 2025 updates include septic, roof, gutters, electrical, plumbing, water heater, sump pump, flooring, and paint

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Kitchen & Bath Showroom Garden Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Historic farmhouse combines a primary residence with two upper-level apartments and separate covered access.
Where is this triplex located?
The property is located at 7130 Platt Road Ypsilanti, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three‑residence configuration with a primary home and two second‑floor apartments; 1842 Italianate farmhouse with 10‑foot ceilings and refinished pine and oak floors; 2025 updates include septic, roof, gutters, electrical, plumbing, water heater, sump pump, flooring, and paint
More about this property
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