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Four-Bedroom Duplex
New
For Sale
$150,000

373 N Elm Street, Shelby, MI 49455

Multi Family, Shelby, MI

Property SizeContact for details
Lot Size0.19 Acres
Days on Market3

Property Features for 373 N Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2
Parking 3
Basement Partial
Elementary school district Shelby
Middle school district Shelby
High school district Shelby
Standard status Active
APN 046-102-005-00
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description QC958812 QC-L2013P4359 LOT 5 BLOCK 2 SHELBY VILLAGE VILLAGE OF BARNETT.
Tax Annual Amount 3490
Legal Description QC958812 QC-L2013P4359 LOT 5 BLOCK 2 SHELBY VILLAGE VILLAGE OF BARNETT.

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Number of units 2
Building materials Vinyl Siding
Listing Agency: Wickstra Realty, Inc.
Listed By: Tim Horton · License #6501258127
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 12 at 6:06AM
MLS# 26048385

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex includes four bedrooms, two bathrooms, and basement space within a vinyl-sided residential structure. Forced-air heating serves the property, and cable service is available. The layout supports the existing multi-unit configuration, with the sale subject to tenants’ rights.

The property occupies a 0.19-acre lot at 373 N Elm Street in Shelby, Michigan. Shelby Public Schools and downtown Shelby are within walking distance, placing everyday community amenities nearby. The combination of a two-unit arrangement, residential room count, and established town setting provides a practical foundation for continued rental ownership or an owner-occupancy strategy.

Key Highlights

  • Duplex with 4 bedrooms and 2 bathrooms
  • 0.19‑acre lot at 373 N Elm Street, Shelby, MI 49455
  • Basement included in the property layout

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith Auto Parts Store Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby

Demographics for 49455, MI

5,197
Population
2,733
Households
1.9
Avg Household Size
39
Median Age
21%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
61
Density / Sq Mi
$65,640
Median Household Income
$35,884
Median Earnings
$697
Median Rent
$144,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with basement space, forced-air heating, and convenient access to schools and downtown Shelby.
Where is this duplex located?
The property is located at 373 N Elm Street Shelby, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 2 bathrooms; 0.19‑acre lot at 373 N Elm Street, Shelby, MI 49455; Basement included in the property layout
More about this property
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