For Sale
11472 E Lippincott Boulevard, Davison, MI 48423
$325,000
MLS # 20261032111 (Realcomp)
Built 19455 acres
1 / 51
Listing 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!
Source: SparkMLS
About this home
Located in Davison Township in Davison, this property offers 3-bath, with original construction dating to 1945.
Listed at $325,000.
Annual property taxes run approximately $4,778 ($398/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size5 acres
Year Built1945
Location
CityDavison
MunicipalityDavison Twp
Zip Code48423
CountyGenesee
School DistrictDavison
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterWell
Sale & Financing
Listed5/5/2026
Original Price$330,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,778
Parcel #0523200010
Source: SparkMLS
Legal Description
N 1/2 OF E 20 A OF S 1/2 OF NE 1/4 EXC E 18 RDS ALSO EXC S 4 RDS SEC 23 T7N R8E
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jason White
EXP Realty - Fenton
Frequently Asked Questions about 11472 E Lippincott Boulevard, Davison, MI 48423
Which school district serves 11472 E Lippincott Boulevard, Davison, MI 48423?
Per MLS# 20261032111, 11472 E Lippincott Boulevard, Davison, MI 48423 is in the Davison boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Davison directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261032111, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 11472 E Lippincott Boulevard, Davison, MI 48423?
Per public tax records, annual property taxes for this property are $4,778. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 11472 E Lippincott Boulevard, Davison, MI 48423 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 11472 E Lippincott Boulevard, Davison, MI 48423 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 11472 E Lippincott Boulevard, Davison, MI 48423?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Davison Twp police department or the Genesee County sheriff's office.
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Monthly payment$2,108
Principal & interest$2,108
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
11472 E Lippincott Boulevard, Davison, MI 48423
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Municipality
Davison Township
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