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Two-Unit Home With Updated Kitchen
New
For Sale
$215,000

381 N Elm Street, Shelby, MI 49455

Multi Family, Shelby, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market2

Property Features for 381 N Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 4, Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking 4
Parking features Paved or Surfaced
Elementary school district Shelby
Middle school district Shelby
High school district Shelby
Standard status Active
APN 64-046-102-004-00
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LC-L2011P4148 WD-L2015P3633 LOT 4 BLOCK 2 SHELBY VILLAGE VILLAGE OF BARNETT. COMBINED WITH 046-102-004-00-01 IN 2011;
Tax Annual Amount 1121
Legal Description LC-L2011P4148 WD-L2015P3633 LOT 4 BLOCK 2 SHELBY VILLAGE VILLAGE OF BARNETT. COMBINED WITH 046-102-004-00-01 IN 2011;

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Wall Furnace, Space Heater, Forced Air
Cooling system Window Unit(s), Central Air

Amenities

covered front porch
large back deck
raised garden beds
shed

Building Details

Year built 1932
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Coldwell Banker Woodland Schmidt-Hart
Listed By: Mindie VanBoxel · License #6501394976
Added: Aug 23 Last Checked: Aug 24 at 12:06PM
MLS# 26044582

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.

Built in 1932, this duplex offers two separate residential units, each arranged with two bedrooms and one bathroom. The main-level residence includes a renovated kitchen with granite counters, a large oven and range, and an oversized stainless-steel sink. The property is also described as convertible to a single-family home with four bedrooms and two bathrooms.

Exterior features include a covered front porch, a spacious rear deck, raised garden beds, and a storage shed. The 0.16-acre lot has paved parking, vinyl siding, a composition roof, and public sewer service. Heating includes forced air, a space heater, and a wall furnace, while cooling is provided by central air and window units. Cable service is available.

Key Highlights

  • Two‑unit layout with two bedrooms and one bathroom in each unit
  • Updated kitchen with granite countertops, oversized range and oven, and extra‑large stainless‑steel sink
  • Layout can be converted to a single‑family home with 4 bedrooms and 2 bathrooms

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Main-floor and upper-level units each provide two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 381 N Elm Street Shelby, MI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit layout with two bedrooms and one bathroom in each unit; Updated kitchen with granite countertops, oversized range and oven, and extra‑large stainless‑steel sink; Layout can be converted to a single‑family home with 4 bedrooms and 2 bathrooms
More about this property
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