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For sale
  • $364,995

    7038 Whitmore Lake Rd, Whitmore Lake, MI 48189

    4beds
    2,916sqft
    : 
    $2,879/mo
    Get pre-qualified
    Multi Family
    Built in 1960
    -- sqft lot
    $366,800 Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Fully occupied triplex bringing in $3,600 per month ($43,200 annually) in gross rents, with long term tenants in place who would like to stay, so you're cash flowing from day one. The property sits on approximately 1.08 acres with General Commercial zoning, which opens the door to future redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. The mechanicals give you real peace of mind here. The well and septic are inspected annually and have passed every year for the past 30 years, the metal roof means fewer repairs and a longer lifespan, and the HVAC is in good working order. You also get strong road visibility and quick access to US-23, with downtown Whitmore Lake, the lake itself, Independence Lake County Park, and Northfield Community Park all nearby and Ann Arbor just a short drive south. Whether you want a stabilized income property now or a commercial site to grow into down the road, this one gives you both. Please do not disturb tenants. Showings by appointment only.
    6 days
    483
    29

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Drake O'Donnell 248-609-7108,

    NATOD Management 248-609-7108

    Source: Realcomp II,MLS#: 20261077651MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Hot Water, Natural Gas, Radiant
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,916 sqft
      • Finished area above ground: 2,916

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Pool features: None
      Lot
      • Size: 1.08 Acres
      • Dimensions: 337 x 180 x 186 x 234
      Details
      • Parcel number: B00219100009
      • Zoning description: Commercial, MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Location
      • Region: Whitmore Lake

      Financial & listing details

      • Price per square foot: $125/sqft
      • Tax assessed value: $81,648
      • Annual tax amount: $4,905
      • Date on market: 9/25/2026
      • Cumulative days on market: 6 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Trade 1031 Exchange

        Estimated market value

        $366,800

        $348,000 - $385,000

        $2,144/mo

        Price history

        DateEventPrice
        9/25/2026Listed for sale$364,995-6.4%$125/sqft
        Source: Realcomp II #20261077651 Report a problem
        9/10/2026Listing removed$389,900$134/sqft
        Source: MichRIC #26028158 Report a problem
        6/9/2026Listed for sale$389,900-2.5%$134/sqft
        Source: MichRIC #26028158 Report a problem
        6/3/2026Listing removed$400,000$137/sqft
        Source: MichRIC #26009399 Report a problem
        3/26/2026Contingent$400,000$137/sqft
        Source: MichRIC #26009399 Report a problem
        3/12/2026Listed for sale$400,000-5.9%$137/sqft
        Source: MichRIC #26009399 Report a problem
        12/9/2025Listing removed$425,000$146/sqft
        Source: MichRIC #25025049 Report a problem
        11/28/2025Contingent$425,000$146/sqft
        Source: MichRIC #25025049 Report a problem
        9/18/2025Price change$425,000-10.5%$146/sqft
        Source: MichRIC #25025049 Report a problem
        7/7/2025Price change$475,000-5%$163/sqft
        Source: MichRIC #25025049 Report a problem
        5/29/2025Listed for sale$500,000+550.2%$171/sqft
        Source: MichRIC #25025049 Report a problem
        2/16/1994Sold$76,900$26/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$4,896 +2.9%$134,300 +5.3%
        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

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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.
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        Climate risks

        Neighborhood: 48189

        Getting around

        27 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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