Fully Occupied Triplex with GC
For Sale
$389,900
7038 Whitmore Lake Road, Whitmore Lake, MI 48189
MULTI_FAMILY - Whitmore Lake, MI
Property SizeContact for details
Lot Size1.08 Acres
Days on Market70
Property Features for 7038 Whitmore Lake Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
GC
Bedrooms
5
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
Parking
3
Parking features
Driveway
Elementary school district
Whitmore Lake
Middle school district
Whitmore Lake
High school district
Whitmore Lake
Standard status
Active
APN
B-02-19-100-009
Lot size
1.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
*OLD SID - B 02-019-008-10 NO 19-3C-2 COM AT E 1/4 COR, TH NLY 266.49 FT ON E LN OF SEC TO POB, TH DEFL 90 DEG 10' LFT 185.84 FT, TH DEFL 49 DEG 59' RT 234.7 FT ON E LN WHITMORE LAKE RD, TH DEFL 129 DEG 57' 30'' RT 337.2 FT,TH DEFL 90 DEG 13' 40'' RT 1 80 FT ON E LN OF SEC TO POB, PART NE 1/4 SEC 19 T1S R6E 1.08 AC.
Tax Annual Amount
4905
Legal Description
*OLD SID - B 02-019-008-10 NO 19-3C-2 COM AT E 1/4 COR, TH NLY 266.49 FT ON E LN OF SEC TO POB, TH DEFL 90 DEG 10' LFT 185.84 FT, TH DEFL 49 DEG 59' RT 234.7 FT ON E LN WHITMORE LAKE RD, TH DEFL 129 DEG 57' 30'' RT 337.2 FT,TH DEFL 90 DEG 13' 40'' RT 1 80 FT ON E LN OF SEC TO POB, PART NE 1/4 SEC 19 T1S R6E 1.08 AC.
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Hot Water(Heating)
Cooling system
Central Air
Water source
Well
Building Details
Year built
1960
Number of units
3
Roof type
Metal
Listing Agency:
Beal Properties LLC
(734) 662-6133
Listed By:
Abby Chase
(734) 707-6375
Added: Jun 9
Changed: Jul 25
Last Checked: Aug 17 at 5:06PM
MLS# 26028158
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied triplex offers immediate rental income with long-term tenants already in place. The property is situated on approximately 1.08 acres and is generating $3,600 per month, or $43,200 annually, in gross rental income. General Commercial (GC) zoning provides flexibility for the current configuration while also allowing consideration of redevelopment, expansion, owner-user occupancy, or mixed-use concepts, subject to Township approval.
Located at 7038 Whitmore Lake Road in Whitmore Lake, the site is positioned on a well-traveled corridor with strong visibility and convenient access. The listing notes close proximity to US-23, supporting easy reach for prospective tenants and customers depending on the future direction approved by the Township.
For buyers and investors, the asset is positioned as a stabilized, income-producing property with tenants who would like to remain. For owner-users or developers, the GC zoning adds an additional planning pathway beyond the existing triplex use, while keeping day-one cash flow in place. Showings are by appointment only; please do not disturb tenants.
Located at 7038 Whitmore Lake Road in Whitmore Lake, the site is positioned on a well-traveled corridor with strong visibility and convenient access. The listing notes close proximity to US-23, supporting easy reach for prospective tenants and customers depending on the future direction approved by the Township.
For buyers and investors, the asset is positioned as a stabilized, income-producing property with tenants who would like to remain. For owner-users or developers, the GC zoning adds an additional planning pathway beyond the existing triplex use, while keeping day-one cash flow in place. Showings are by appointment only; please do not disturb tenants.
Key Highlights
- Fully occupied triplex on approx. 1.08 acres with General Commercial (GC) zoning
- Generates $3,600/month ($43,200/year) gross rental income with long‑term tenants
- Located on Whitmore Lake Road with convenient access and close proximity to US‑23
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 48189, MI
14,038
Population
6,196
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
97%
High-School Grad
34.2 sq mi
ZIP Area
410
Density / Sq Mi
$82,433
Median Household Income
$48,223
Median Earnings
$1,228
Median Rent
$286,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied triplex on General Commercial–zoned land, producing monthly rental income with long-term tenants in place.
Where is this triplex located?
The property is located at 7038 Whitmore Lake Road Whitmore Lake, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Fully occupied triplex on approx. 1.08 acres with General Commercial (GC) zoning; Generates $3,600/month ($43,200/year) gross rental income with long‑term tenants; Located on Whitmore Lake Road with convenient access and close proximity to US‑23
