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3987 W M 50 Highway, Franklin Township, MI 49287

NONE · Lenawee County

Key Facts

17Beds
8Baths
7,200Sq Ft
1900Year Built
0.18Lot (acres)

Description

8 Unit investment property in Tipton. Easy commute to Brooklyn, Tecumseh, Manchester, Jackson and Dundee.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Year Built

1900

Living Area

7,200 sq ft

Lot Size

0.18 acres

Lot Dimensions

129x75x98

Days on Market

297

MLS® Listing#

56050187220

Property Features

Appliances

Gas Water Heater

Cooling

None

Heating

Forced AirNatural GasSeparate Meters

Construction

Brick

Foundation

Slab

Sewer

Septic Tank

Water Source

PrivateWell

Financial Details

Annual Taxes

$1,775

Tax year 2025

Assessed Value

$51,100

Parcel Number

FR0520034000

Affordability Calculator

$49,980

Estimated monthly payment

$1,330/mo

Principal $199,920 · Est. interest $278,906 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Franklin Township, MI

$404,239
Median Listing Price
55
Median Days on Market
1,904
Median Sq Ft
$203
Median Price / Sq Ft
11,906
Active Listings
  • This home’s price is 38% below the area median.
  • Its price per sq ft is 83% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Franklin Township, MI.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
3604 W Lever Road, Hart Township, MI$239,00020420,271

Moving Cost Estimate

Michigan Regional Information Center logo

Listing Courtesy: Goedert Real Estate - Adr - 5172659644

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Data provided by LenaweeCountyAssociationofREALTORS. MLS® Listing#56050187220. © 2026EXIT Realty®. All rights reserved.