Sold
11429 Frey Court, Whitmore Lake, MI 48116
Sold on 03/11/2026 for$1,500,000
MLS # 20251038603 (Realcomp)
Built 19654.05 acres
1 / 33
Listing Description
Rare opportunity to own lakefront rental housing in Livingston County. Situated on approximately four acres with private frontage on Hamburg Lake, this 17-unit apartment community offers a tremendous value add opportunity. The property consists of 4 one-bedroom units, 12 two-bedroom units, and 1 three-bedroom unit, with 15 of the 17 units currently occupied. Average monthly rent across the property is $1,015 per unit. At the current income level, the property is offered at a 9.23% in-place capitalization rate. Comparable sales exceed $100,000 per unit. See offering memorandum for more details.
Source: SparkMLS
About this home
Located in Whitmore Lake, this property offers 17-bath, with original construction dating to 1965.
This home sold for $1,500,000.
Estimated annual property tax: $5,888, or about $491 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeMulti Family
Bathrooms17
Lot Size4.05 acres
Year Built1965
Location
CityWhitmore Lake
MunicipalityHamburg Twp
Zip Code48116
CountyLivingston
School DistrictPinckney
Construction & Systems
ConstructionVinyl Siding, Wood Siding
BasementCrawl Space, Slab
HeatingForced Air
WaterWell
Sale & Financing
Listed9/21/2025
Sold Date3/10/2026
Original Price$1,600,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,888
Parcel #1536100082
Source: SparkMLS
Legal Description
SEC 36 T1N R5E BEG AT PT ON C/L HAMBURG RD ALSO W1/8 LINE N89*E 1318.89 FT ALG E/W 1/4 LINE & N 197.23 FT ALG C/L HAMBURG RD TH N 125.02 FT ALG C/L HAMBURG RD TH S89*E 573 FT TH S 125.02 FT TH N89*W 573 FT TO POB. 1.64 AC CORR DESC 2-15-89
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Michael McClafferty
OakPointe Real Estate Advisors
Frequently Asked Questions about 11429 Frey Court, Whitmore Lake, MI 48116
What school district is 11429 Frey Court, Whitmore Lake, MI 48116 in?
Per MLS# 20251038603, this property is served by Pinckney. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 11429 Frey Court, Whitmore Lake, MI 48116?
Per MLS# 20251038603, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251038603, the most recent reported annual property tax for 11429 Frey Court, Whitmore Lake, MI 48116 is $5,888. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 11429 Frey Court, Whitmore Lake, MI 48116 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Water: Well. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Livingston County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Mortgage Calculator
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Monthly payment$9,729
Principal & interest$9,729
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
11429 Frey Court, Whitmore Lake, MI 48116
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County
Washtenaw County
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