3987 W M 50, Tipton, MI, 49287
About This Home
8 Unit investment property in Tipton. Easy commute to Brooklyn, Tecumseh, Manchester, Jackson and Dundee.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Slab
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Bathroom
- Features: Not Applicable
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 8
- Full bathrooms: 8
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 7,200
- Total interior livable area: 7,200 sqft
Property
Details
- Parcel number: FR0 520 0340 00
- Zoning description: Commercial
Features
- Levels: Two
- Stories: 2
- Waterfront features: None
- Waterbody name: None
- Frontage length: 129
Lot
- Lot size: 7,840 sqft
- Features: Corner Lot
- Lot size dimensions: 129 x 75 x 98
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Lenawee County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,263 | $15,156 |
| Home Insurance * | $95 | $1,140 |
| Property Taxes | $239 | $2,868 |
| Electricity | $785 | $9,424 |
| Total | $2,382 | $28,584 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-29 | Price change | $249,900 |
| 2025-12-08 | Price change | $219,900 |
| 2025-09-03 | Listed for sale | $249,900 |
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