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.
Active
$389,900
7038 Whitmore Lake Rd, Whitmore Lake, MI 48189
5beds
4baths
5,156sqft
2 to 4 Units
Built in 1960
-- sqft lot
$375,300 Zestimate®
$76/sqft
$-- HOA
What's special
- 3 days |
- 473 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Abby Chase 734-707-6375,
Beal Properties LLC 734-662-6133
Source: MichRIC,MLS#: 26028158
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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
$375,300
$357,000 - $394,000
$2,205/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $389,900-2.5%$76/sqft |
Source:  MichRIC #26028158 Report a problem | ||
| 6/3/2026 | Listing removed | $400,000$78/sqft |
Source: MichRIC #26009399 Report a problem | ||
| 3/26/2026 | Contingent | $400,000$78/sqft |
Source: MichRIC #26009399 Report a problem | ||
| 3/12/2026 | Listed for sale | $400,000-5.9%$78/sqft |
Source: MichRIC #26009399 Report a problem | ||
| 12/9/2025 | Listing removed | $425,000$82/sqft |
Source: MichRIC #25025049 Report a problem | ||
| 11/28/2025 | Contingent | $425,000$82/sqft |
Source: MichRIC #25025049 Report a problem | ||
| 9/18/2025 | Price change | $425,000-10.5%$82/sqft |
Source: MichRIC #25025049 Report a problem | ||
| 7/7/2025 | Price change | $475,000-5%$92/sqft |
Source: MichRIC #25025049 Report a problem | ||
| 5/29/2025 | Listed for sale | $500,000+550.2%$97/sqft |
Source: MichRIC #25025049 Report a problem | ||
| 2/16/1994 | Sold | $76,900$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $60,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10Whitmore Lake Elementary SchoolGrades: K-6Distance: 3 mi
- 8/10Whitmore Lake High SchoolGrades: 7-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Washtenaw County
- Whitmore Lake
- 48189
- 7038 Whitmore Lake Rd
Nearby cities
Nearby zip codes
Other Whitmore Lake Topics
