7038 Whitmore Lake Rd, Whitmore Lake, MI, 48189
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Metal
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Appliances
- Laundry features: In Unit
Basement
- Basement: Slab
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating & Cooling
- Heating features: Forced Air,Hot Water
- Cooling features: Central Air
Interior Area
- Total interior livable area: 5,156 sqft
Property
Details
- Parcel number: B0219100009
- Zoning description: GC
Lot
- Lot size: 1.08 Acres
- Lot size dimensions: 337 x 180 x 186 x 234
Parking
- Total spaces: 3
- Parking features: Driveway,Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Washtenaw County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,971 | $23,652 |
| Home Insurance * | $145 | $1,740 |
| Property Taxes | $474 | $5,688 |
| Electricity | $562 | $6,748 |
| Total | $3,152 | $37,824 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-09 | Listed for sale | $389,900 |
| 2026-06-03 | Listing removed | $400,000 |
| 2026-03-26 | Contingent | $400,000 |
| 2026-03-12 | Listed for sale | $400,000 |
| 2025-12-09 | Listing removed | $425,000 |
| 2025-11-28 | Contingent | $425,000 |
| 2025-09-18 | Price change | $425,000 |
| 2025-07-07 | Price change | $475,000 |
| 2025-05-29 | Listed for sale | $500,000 |
| 1994-02-16 | Sold | $76,900 |
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