Residential Income Property with
For Sale
$500,000
7130 Platt Road, Ypsilanti, MI 48197
MULTI_FAMILY - Ypsilanti, MI
Property SizeContact for details
Lot Size3.00 Acres
Days on Market158
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 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 4, Basement, Bedroom 3
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
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
Forced Air, Hot Water(Heating)
Cooling system
Window Unit(s), Wall Unit(s)
Water source
Well
Building Details
Year built
1842
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
Howard Hanna Real Estate
(734) 761-6600
Listed By:
Anne Gilbert · License #6506039567
(734) 657-7121
Added: Mar 4
Changed: Jul 25
Last Checked: Aug 9 at 4:06AM
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 residential income property includes an expansive Italianate farmhouse built in 1842, along with two apartments above. The main residence features spacious living and dining areas with 10-foot ceilings, many large windows providing natural light, recently refinished pine and oak floors, a newer cherry kitchen, two bedrooms, a first-floor laundry, and two older baths. A 1968 addition adds a large family room, a third bedroom, and an upstairs office. The two second-floor apartments have a separate covered entrance and share a laundry room in an enclosed porch; both are ready to rent but could benefit from updates.
The property is complemented by extensive vehicle and storage-oriented outbuildings on 3+ acres, including a 2,400-square-foot newer pole barn with two tall bay doors, a mostly enclosed 1,600-square-foot lean-to with attached air equipment, and a 940-square-foot steel shed used for restoring historic vehicles. Additional improvements include a cold storage building with an attached lean-to and a modest greenhouse. Mechanical updates to the house in 2025 include a new septic system, roof and gutters, updated electrical and plumbing, a water heater, sump pump, main kitchen floor, and fresh paint throughout.
Two apartments generated $2,200 per month in rent in 2024. The main floor is described as potentially rentable with bathroom updates and some carpeting or flooring before being offered.
The property is complemented by extensive vehicle and storage-oriented outbuildings on 3+ acres, including a 2,400-square-foot newer pole barn with two tall bay doors, a mostly enclosed 1,600-square-foot lean-to with attached air equipment, and a 940-square-foot steel shed used for restoring historic vehicles. Additional improvements include a cold storage building with an attached lean-to and a modest greenhouse. Mechanical updates to the house in 2025 include a new septic system, roof and gutters, updated electrical and plumbing, a water heater, sump pump, main kitchen floor, and fresh paint throughout.
Two apartments generated $2,200 per month in rent in 2024. The main floor is described as potentially rentable with bathroom updates and some carpeting or flooring before being offered.
Key Highlights
- Italianate farmhouse built in 1842 on 3+ acres, plus additional buildings for flexible living or business use
- Home includes a main residence with 10‑foot ceilings, spacious living/dining rooms, and recently refinished pine & oak floors
- Two apartments above the farmhouse with separate covered entrance; 1- and 2‑bedroom units share an enclosed porch laundry room
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Italianate farmhouse plus two upstairs apartments on 3+ acres, with multiple vehicle-focused outbuildings and extensive 2025 updates.
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: Italianate farmhouse built in 1842 on 3+ acres, plus additional buildings for flexible living or business use; Home includes a main residence with 10‑foot ceilings, spacious living/dining rooms, and recently refinished pine & oak floors; Two apartments above the farmhouse with separate covered entrance; 1- and 2‑bedroom units share an enclosed porch laundry room
