373 N Elm Street, Shelby, MI 49455

New Listing
$150,000
Property Type: Multi Family Lot Size (sq. ft.): 8,250 Status: Active
Current Price: $150,000 List Date: 9/11/2026 Last Modified: 9/11/2026

Overview

Description

Multi-unit investment property in Shelby offering a solid foundation for ownership. This duplex sits on a generous 8,250-square-foot lot within walking distance to Shelby Public Schools & downtown Shelby, providing substantial land value and potential for additional parking. The multiple-unit configuration presents an excellent opportunity for owner-occupancy with income-generating potential or portfolio diversification. This property delivers the kind of tangible asset base that builds long-term wealth. SUBJECT TO TENANTS RIGHTS.

Listing Details MLS# 26048385

Location Property Info

County
Oceana
Street #
373
Street Direction
N
Street Name
Elm
Suffix
Street
State
MI
Zip Code
49455
Zip (4)
1135

General Property Info

Lot Measurement
Acres
Lot Square Footage
8250
Lot Acres
0.19
Lot Dimensions
50x165
New Construction
No
Financial Available
No
Road Frontage
50
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
1920
Total Parking Spaces
3
Waterfront
No
School District
Shelby

Tax Info

Tax ID #
046-102-005-00
Taxable Value
59030
SEV
124700
For Tax Year
2025
Seller's Annual Property Tax
3489.88
Tax Year
2025
Spec Assessment & Ty
unknown

Access Feat

Accessibility Features
No

Unit 1

Unit Description
back
Occupied
Yes
Monthly Rent
1000
Bathrooms
Yes
Full Baths
Yes

More Information

Unit 2

Unit Description
front
SqFt
960
Occupied
Yes
Monthly Rent
950
Bathrooms
Yes
Full Baths
Yes

Property Features

Exterior Material: Vinyl Siding Substructure: Partial Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None
IDX
Listing Office: Wickstra Realty, Inc.
Listing Agent: Tim Horton
Source MLS Verified
Last Updated: September - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.