This ranch style home is the centerpiece of a rare opportunity that blends comfortable living, rental income, and outstanding farming potential. Inside, you'll find modern updates including stainless steel appliances, two mini splits for efficient cooling, and both bathrooms freshly remodeled in 2022. Currently, the home is occupied by a tenant and generates $2,500 per month in rental income, with a transferable lease in place offering immediate cash flow for the new owner. Beyond the home, what truly sets this offering apart is the land opportunity surrounding it. Directly to the south, a separate 30-acre farm with multiple outbuildings is available, perfectly suited for livestock, equipment storage, or expanding into a larger farming operation. Across the street, another 75-acre parcel is for sale, giving buyers access to over 100 acres of fertile, proven farmland in total. Together, these three properties provide a unique chance to create a full-scale farm, homestead, or investment with both land and income-producing potential. The soil and acreage are ideal for crops, livestock, or diversified agricultural uses, ensuring long-term productivity. With an updated home already generating strong rental income, this package offers both stability and growth for the future. Opportunities to purchase a home with income plus over 100 acres of quality farmland in one location are truly rare, making this a must-see for serious buyers.
For sale
$435,000
13735 Masters Rd, Allenton, MI 48002
4beds
2,200sqft
Est.:
Single Family Residence
Built in 1974
10.01 Acres Lot
$419,600 Zestimate®
$198/sqft
$-- HOA
What's special
Ranch style homeModern updatesMultiple outbuildingsFertile proven farmlandStainless steel appliances
- 73 days |
- 1,883 |
- 78 |
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 12:01pm
Listed by:
Christopher Letarte 810-650-0731,
KW Platinum 586-949-0200
Source: MiRealSource,MLS#: 50191590
Originating MLS: MiRealSource
Originating MLS: MiRealSourceTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Living Room
Primary bedroom
- Level: First
Bedroom 1
- Level: Entry
- Area: 168
- Dimensions: 14 x 12
Bedroom 2
- Level: Entry
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Entry
- Area: 99
- Dimensions: 11 x 9
Bedroom 4
- Level: Entry
- Area: 156
- Dimensions: 13 x 12
Bathroom 1
- Level: Entry
Bathroom 2
- Level: Entry
Family room
- Level: Entry
- Area: 312
- Dimensions: 26 x 12
Kitchen
- Level: Entry
- Area: 384
- Dimensions: 32 x 12
Living room
- Level: Entry
- Area: 240
- Dimensions: 20 x 12
Heating
- Boiler, Heat Pump, Propane
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener Rented, Electric Water Heater
Features
- Walk-In Closet(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Electric in Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Frontage type: Road
- Frontage length: 331
Lot
- Size: 10.01 Acres
- Dimensions: 329 x 1330
- Features: Rural
Details
- Parcel number: 090241004000
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Allenton
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $318,400
- Annual tax amount: $3,787
- Date on market: 10/15/2025
- Cumulative days on market: 74 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel
Estimated market value
$419,600
$399,000 - $441,000
$2,271/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Listed for sale | $435,000+42.6%$198/sqft |
Source:  MiRealSource #50191590 Report a problem | ||
| 7/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/22/2024 | Listed for rent | $2,100+5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,787 +5.5% | $159,200 +5.4% |
| 2024 | $3,591 +1.2% | $151,100 +10.1% |
| 2023 | $3,549 +10.3% | $137,200 +9.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,626/mo
Principal & interest
$2072
Property taxes
$402
Home insurance
$152
Climate risks
Neighborhood: 48002
Nearby schools
GreatSchools rating
- 7/10Orville C. Krause Later Elementary SchoolGrades: PK-5Distance: 6.2 mi
- 7/10Armada Middle SchoolGrades: 6-8Distance: 6.2 mi
- 9/10Armada High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- District: Armada Area Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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