Rare opportunity to own a well-maintained 3-unit multifamily property situated on 5 beautiful acres in Davison! All three units offer 2 bedrooms and 1 full bath, making this a fantastic investment or owner-occupant opportunity. The current owner occupies the spacious lower/main unit, which features a full basement, enclosed front porch, large deck, and 2-car garage. The upper unit offers a very similar floor plan with its own separate entrance, while the back unit features a charming Cape Cod-style layout with a private back patio.
Major updates have already been completed, including brand new furnaces, central A/C units, water heaters, and a new roof for added peace of mind. New flooring installed in the main unit and the back unit, along with new drywall and insulation improvements in the back unit. $10,000 worth of new doors have been ordered and will be installed near the end of July. There is also a dedicated laundry room area below the stairs to the upper unit that was created for the upper and back units and just needs finishing touches.
Excellent income potential with all units separately metered. The upper unit is currently leased through November at $800/month, and the tenant would love to stay long term (and is aware of potential rent adjustments). Back unit is currently leased until June 2027, at $900/month. You can move in today and have your monthly mortgage paid for with the other two units income. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers incredible flexibility, updates, and long-term value! There is also amazing opportunity to add even more value to this property with some minor interior updating. With all big ticket items being brand new, this property is a gem!
The best part is that this home appraised (2025) over list price! Jump on this one today and start making tomorrow!
For sale
Price increase: $5K (6/18)
$325,000
11472 E Lippincott Blvd, Davison, MI 48423
6beds
3,085sqft
Multi Family
Built in 1945
-- sqft lot
$310,400 Zestimate®
$105/sqft
$-- HOA
What's special
- 119 days
- 399
- 14
Zillow last checked:
Listing updated:
Listed by:
Jason White 810-223-1780,
EXP Realty - Fenton 269-600-4397
Source: Realcomp II,MLS#: 20261032111
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
- Full bathrooms: 3
Heating
- Electric, Forced Air, Propane
Cooling
- Central Air
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 3,085 sqft
- Finished area above ground: 2,885
- Finished area below ground: 200
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Enclosed, Patio, Porch
- Pool features: None
Lot
- Size: 5 Acres
- Dimensions: 363 x 594
Details
- Additional structures: Sheds
- Parcel number: 0523200010
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse,Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Davison
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $71,952
- Annual tax amount: $4,778
- Date on market: 5/6/2026
- Cumulative days on market: 119 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$310,400
$295,000 - $326,000
$1,444/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $325,000+1.6%$105/sqft |
Source: | ||
| 6/9/2026 | Price change | $320,000-1.5%$104/sqft |
Source: | ||
| 5/23/2026 | Price change | $325,000-1.5%$105/sqft |
Source: | ||
| 5/6/2026 | Listed for sale | $330,000+117.2%$107/sqft |
Source: | ||
| 6/20/2019 | Listing removed | $151,900$49/sqft |
Source: Red Carpet Keim Action Group 1 #21474219 Report a problem | ||
| 3/5/2019 | Price change | $151,900-1.2%$49/sqft |
Source: Red Carpet Keim Action Group 1 #21474219 Report a problem | ||
| 10/17/2018 | Price change | $153,700-0.8%$50/sqft |
Source: Red Carpet Keim Action Group 1 #100003041 Report a problem | ||
| 9/5/2018 | Price change | $155,000-6%$50/sqft |
Source: Red Carpet Keim Action Group 1 #100003041 Report a problem | ||
| 7/13/2018 | Listed for sale | $164,900+10%$53/sqft |
Source: Red Carpet Keim Action Group 1 #100003041 Report a problem | ||
| 7/1/2016 | Listing removed | $149,900$49/sqft |
Source: Red Carpet Keim Action Group 1 #30052692 Report a problem | ||
| 4/25/2016 | Price change | $149,900-9.2%$49/sqft |
Source: Red Carpet Keim Action Group 1 #30052692 Report a problem | ||
| 10/30/2015 | Price change | $165,000-2.9%$53/sqft |
Source: Red Carpet Keim Action Group 1 #30052692 Report a problem | ||
| 10/23/2015 | Listed for sale | $169,900$55/sqft |
Source: Red Carpet Keim Action Group 1 #30052692 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,606 +5% | $137,900 +5.9% |
| 2024 | $4,387 | $130,200 +10.4% |
| 2023 | -- | $117,900 +12.8% |
| 2022 | -- | $104,500 +9.5% |
| 2021 | -- | $95,400 +5.8% |
| 2020 | -- | $90,200 +16.1% |
| 2019 | -- | $77,700 +14.4% |
| 2018 | $3,477 | $67,900 |
| 2017 | -- | $67,900 +3.3% |
| 2016 | -- | $65,700 +8.1% |
| 2015 | -- | $60,800 +20.6% |
| 2012 | -- | $50,400 -3.3% |
| 2011 | -- | $52,100 -19% |
| 2010 | -- | $64,300 -11.7% |
| 2008 | $2,380 | $72,800 +3.6% |
| 2006 | -- | $70,300 -4.5% |
| 2005 | -- | $73,600 +4.1% |
| 2004 | -- | $70,700 +4.4% |
| 2003 | -- | $67,700 +18.6% |
| 2002 | -- | $57,100 +12.4% |
| 2001 | -- | $50,800 +2% |
| 2000 | -- | $49,800 |
Find assessor info on the county website
Monthly payment
Est. payment







