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Street View
$325,000
Monthly Est:$1,618
-- Bed
3 Baths3 full baths
3,085sqft
11472 E Lippincott Blvd, Davison, MI 48423
$325,000
$1,618/moEst:
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Multi Family
Built in 1945
$-- HOA
5 acres lot
$105/sq.ft
Description
Rare opportunity to own a well-maintained 3-unit multifamily property situated on 5 beautiful acres in Davison! All three units offer 2 bedrooms and 1 full bath, making this a fantastic investment or owner-occupant opportunity. The current owner occupies the spacious lower/main unit, which features a full basement, enclosed front porch, large deck, and 2-car garage. The upper unit offers a very similar floor plan with its own separate entrance, while the back unit features a charming Cape Cod-style layout with a private back patio.
Major updates have already been completed, including brand new furnaces, central A/C units, water heaters, and a new roof for added peace of mind. New flooring installed in the main unit and the back unit, along with new drywall and insulation improvements in the back unit. $10,000 worth of new doors have been ordered and will be installed near the end of July. There is also a dedicated laundry room area below the stairs to the upper unit that was created for the upper and back units and just needs finishing touches.
Excellent income potential with all units separately metered. The upper unit is currently leased through November at $800/month, and the tenant would love to stay long term (and is aware of potential rent adjustments). Back unit is currently leased until June 2027, at $900/month. You can move in today and have your monthly mortgage paid for with the other two units income. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers incredible flexibility, updates, and long-term value! There is also amazing opportunity to add even more value to this property with some minor interior updating. With all big ticket items being brand new, this property is a gem!
The best part is that this home appraised (2025) over list price! Jump on this one today and start making tomorrow!
- Houzeo last checked: 7 minutes ago
- Listing updated: August 2, 2026 at 7:21 pm
- Listing Provided by: Jason White (810) 223-1780 | EXP Realty - Fenton (269) 600-4397
- Source: Realcomp MLS-MI | MLS#: 20261032111
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1945
HOA Fees
-
Finished Area
3,085 sqft
Lot Size
5 acres lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261032111
MLS Status
Active
Days on Market
156
Cumulative Days on Market
88
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 3
Interior
Sewer
Septic Tank
Cooling
Central Air
Heating
Electric, Forced Air, Propane
Construction
Year Built
Year Built: 1945
Home type
Multi Family
Roof
Asphalt
Architectural Style
Farmhouse, Traditional
Foundation Details
Basement, Block
Construction Materials
Vinyl Siding
Utilities & Energy
Parking Features
Garage
Pool Features
None
Water Source
Well
Basement
Full, Partially Finished
Other Features
Patio And Porch Features
Deck, Enclosed, Patio, Porch
Disclosures
Exclusions Do Not Exist, No Restrictions, Projected Income, Taxes Partially Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
06/18/2026 Source: | Price Increased | $325,000 +1.56% $113/sqft |
06/08/2026 Source: | Price Decreased | $320,000 -3.03% $111/sqft |
05/06/2026 Source: | Price Increased | $330,000 +1.54% $114/sqft |
05/06/2026 Source: | Listed for Sale | $325,000 $113/sqft |
Find Homes by Property Features in Davison, MI
Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 10, 2026, 01:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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