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    Shelby, MI Apartment Buildings for Sale

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    New Era, MI Hart, MI Mears, MI
    Historical Shelby House of Worship
    $239,000
    9,993 SF
    Historical Shelby House of Worship

    68 E 3rd St, Shelby, MI 49455

    Historical 22,000+ SF House of Worship in Shelby, Michigan.
    • Over 22,000 finished square feet on 2.5 floors.
    • 5 parcels included, 3 utilized as parking.
    • Suitable for religious home, office space, non profit, or apartments.
    • Includes 3 pianos and organ.
    • Historical building with stained glass.
    Updated: Feb 7, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shelby, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Brick Building with Display Windows
    $970,900
    11,183 SF
    Mixed-Use Brick Building with Display Windows

    Vacant brick building with open main level, rear access, and finished abatement and demolition for fast build-out.

    224 Washington Avenue, Grand Haven, MI 49417

    View details
    Turnkey Five-Unit Multifamily Property
    $995,000
    0.20 Acres
    Turnkey Five-Unit Multifamily Property

    Five updated rental units with dedicated parking and a detached garage, positioned near downtown amenities and the waterfront.

    308 Franklin Street, Grand Haven, MI 49417

    View details
    Six-Unit Apartment Building
    $469,900
    0.21 Acres
    Six-Unit Apartment Building

    Fully occupied six-unit property near Ferris State University with separate water metering and coin-operated laundry income potential.

    Big Rapids, MI 49307

    View details
    Big Rapids Multifamily Investment Opportunity
    Contact for pricing
    Big Rapids Multifamily Investment Opportunity

    Multifamily properties near Ferris State University in Big Rapids, MI.

    Various, Big Rapids, MI

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

    View details

    Shelby, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Shelby, MI on our real estate platform. These investment opportunities span a total of 9,993 square feet of properties for sale, with an estimated market value of $239,000.

    Sale prices for two-family homes in Shelby, MI start at $239,000, averaging $239,000, and reaching up to $239,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,272
    Population Growth (5Y) +10.1%
    Median Household Income $65,640
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Shelby submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49455 $239K

    Taxes & Financing

    Tax Rate (average for all types) 3.67%
    Property Tax per SF $92.89 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oceana County

    New Delisted

    Total CRE Inventory on Market (SF)

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