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  • $389,900

    7038 Whitmore Lake Rd, Whitmore Lake, MI 48189

    5beds
    4baths
    5,156sqft
    : 
    $2,838/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    Fully occupied triplex on approximately 1.08 acres with General Commercial zoning, offering immediate income and future upside. The property generates $3,600 per month ($43,200 annually) in gross rental income and is occupied by long-term tenants who would like to remain, providing day-one cash flow. GC zoning offers future potential for redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. Located on Whitmore Lake Road with strong visibility, convenient access, and close proximity to US-23, the property combines current income with long-term value potential. An excellent opportunity for investors seeking a stabilized asset with commercial zoning in a growing corridor. Collect income today while exploring future possibilities. Please do not disturb tenants. Showings by appointment only.
    54 days
    |
    1,417
    |
    68
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Abby Chase 734-707-6375,

    Beal Properties LLC 734-662-6133

    Source: MichRIC,MLS#: 26028158MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Forced Air, Hot Water
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Slab
      Interior area
      • Total interior livable area: 5,156 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Gravel
      Lot
      • Size: 1.08 Acres
      • Dimensions: 337 x 180 x 186 x 234
      Details
      • Parcel number: B0219100009
      • Zoning description: GC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Other
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Phone Connected, Electricity Connected, Cable Connected

      Community & HOA

      Location
      • Region: Whitmore Lake

      Financial & listing details

      • Price per square foot: $76/sqft
      • Tax assessed value: $81,648
      • Annual tax amount: $4,904
      • Date on market: 6/9/2026
      • Listing terms: Cash,Conventional,Tax Def Exchange
      • Tenant pays: Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,362/mo

        Price history

        DateEventPrice
        6/9/2026Listed for sale$389,900-2.5%$76/sqft
        Source: MichRIC #26028158 Report a problem
        6/3/2026Listing removed$400,000$78/sqft
        Source: MichRIC #26009399 Report a problem
        3/26/2026Contingent$400,000$78/sqft
        Source: MichRIC #26009399 Report a problem
        3/12/2026Listed for sale$400,000-5.9%$78/sqft
        Source: MichRIC #26009399 Report a problem
        12/9/2025Listing removed$425,000$82/sqft
        Source: MichRIC #25025049 Report a problem
        11/28/2025Contingent$425,000$82/sqft
        Source: MichRIC #25025049 Report a problem
        9/18/2025Price change$425,000-10.5%$82/sqft
        Source: MichRIC #25025049 Report a problem
        7/7/2025Price change$475,000-5%$92/sqft
        Source: MichRIC #25025049 Report a problem
        5/29/2025Listed for sale$500,000+550.2%$97/sqft
        Source: MichRIC #25025049 Report a problem
        2/16/1994Sold$76,900$15/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,757 $127,500 +5.8%
        2024-- $120,500 +8.1%
        2023-- $111,500 +5.6%
        2022-- $105,600 +2.3%
        2021-- $103,200 +2.5%
        2020$3,935 $100,700 +0.3%
        2019-- $100,400 -5.3%
        2018-- $106,000 +5.6%
        2017-- $100,400 +61.6%
        2016-- $62,120 +0.3%
        2015-- $61,935 +3.2%
        2014-- $60,000
        2013-- $60,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48189

        Getting around

        25 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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