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For sale
  • Price increase: $5K (6/18)
    $325,000

    11472 E Lippincott Blvd, Davison, MI 48423

    6beds
    3,085sqft
    : 
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    Multi Family
    Built in 1945
    -- sqft lot
    $322,500 Zestimate®
    $105/sqft
    $-- HOA

    What's special

    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!
    72 days
    |
    425
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason White 810-223-1780,

    EXP Realty - Fenton 269-600-4397

    Source: Realcomp II,MLS#: 20261032111MLS Logo

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      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: 72 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        $322,500

        $306,000 - $339,000

        $1,369/mo

        Price history

        DateEventPrice
        6/18/2026Price change$325,000+1.6%$105/sqft
        Source: Realcomp II #20261032111 Report a problem
        6/9/2026Price change$320,000-1.5%$104/sqft
        Source: Realcomp II #20261032111 Report a problem
        5/23/2026Price change$325,000-1.5%$105/sqft
        Source: Realcomp II #20261032111 Report a problem
        5/6/2026Listed for sale$330,000+117.2%$107/sqft
        Source: Realcomp II #20261032111 Report a problem
        6/20/2019Listing removed$151,900$49/sqft
        Source: Red Carpet Keim Action Group 1 #21474219 Report a problem
        3/5/2019Price change$151,900-1.2%$49/sqft
        Source: Red Carpet Keim Action Group 1 #21474219 Report a problem
        10/17/2018Price change$153,700-0.8%$50/sqft
        Source: Red Carpet Keim Action Group 1 #100003041 Report a problem
        9/5/2018Price change$155,000-6%$50/sqft
        Source: Red Carpet Keim Action Group 1 #100003041 Report a problem
        7/13/2018Listed for sale$164,900+10%$53/sqft
        Source: Red Carpet Keim Action Group 1 #100003041 Report a problem
        7/1/2016Listing removed$149,900$49/sqft
        Source: Red Carpet Keim Action Group 1 #30052692 Report a problem
        4/25/2016Price change$149,900-9.2%$49/sqft
        Source: Red Carpet Keim Action Group 1 #30052692 Report a problem
        10/30/2015Price change$165,000-2.9%$53/sqft
        Source: Red Carpet Keim Action Group 1 #30052692 Report a problem
        10/23/2015Listed for sale$169,900$55/sqft
        Source: Red Carpet Keim Action Group 1 #30052692 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 48423

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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