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Gun Lake Duplex Investment Property
For Sale
$530,000
Pending

Shelbyville, MI 49344, Shelbyville, MI 49344

MULTI_FAMILY - Shelbyville, MI

Property SizeContact for details
Lot Size0.20 Acres
Days on Market105

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RES-IMP
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1
Parking 2
Basement Crawl Space
Lot features Level, Corner Lot
Elementary school district Delton-Kellogg
Middle school district Delton-Kellogg
High school district Delton-Kellogg
Standard status Pending
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORANGEVILLE TWP LOT 1, TWIN SHORES PLAT.
Tax Annual Amount 6726
Legal Description ORANGEVILLE TWP LOT 1, TWIN SHORES PLAT.

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Well
Water front features Lake
Water front 1

Building Details

Year built 1970
Number of units 2
Building materials Vinyl Siding
Listing Agency: EXP Realty (Grand Rapids)
Listed By: Autumn Fiorillo
Added: May 4 Changed: Jul 25 Last Checked: Aug 16 at 7:06PM
MLS# 26019982

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Investment Insights

Based on property information with market context.

This duplex property is located on Englands Point on Gun Lake. Each unit features 2 bedrooms and 1 bathroom. The property has been updated with new flooring, updated kitchens, fresh paint, new appliances, and an exterior facelift. The lot size is 0.2 acres.

Key Highlights

  • Duplex on Gun Lake at Englands Point with channel frontage
  • Each unit offers 2 bedrooms and 1 bathroom (2 bed/1 bath per unit)
  • Units updated with new flooring, updated kitchens, fresh paint, and new appliances

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 49344, MI

3,847
Population
2,101
Households
1.8
Avg Household Size
45
Median Age
14%
College-Educated
91%
High-School Grad
31.0 sq mi
ZIP Area
124
Density / Sq Mi
$76,420
Median Household Income
$39,596
Median Earnings
$1,289
Median Rent
$272,900
Median Home Value

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 - Updated duplex on Gun Lake with channel frontage.
Where is this duplex located?
The property is located at Shelbyville, MI.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Duplex on Gun Lake at Englands Point with channel frontage; Each unit offers 2 bedrooms and 1 bathroom (2 bed/1 bath per unit); Units updated with new flooring, updated kitchens, fresh paint, and new appliances
More about this property
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