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

381 N Elm St, Shelby, MI 49455

Built in 1932, the property offers two separate living units plus a covered porch, rear deck, garden beds, and storage shed.

Property SizeContact for details
Days on Market5

Property Features for 381 N Elm St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

covered front porch
large back deck
raised garden beds
shed

Building Details

Year Built 1932
Listing Agency: RE/MAX Classic Blm. Hills
Listed By: Mark Schmansky
Source: Patientmoves
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 29 at 8:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Classic Blm. Hills

Investment Insights

Based on property information with market context.

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

Outdoor features include a covered front porch, a spacious rear deck, raised garden beds, and a detached shed for garden-tool storage. The property is located at 381 N Elm St in Shelby, Michigan.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom in each unit
  • Main‑level kitchen updated with granite countertops
  • Large range and oven plus oversized stainless‑steel sink

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 - Built in 1932, the property offers two separate living units plus a covered porch, rear deck, garden beds, and storage shed.
Where is this duplex located?
The property is located at 381 N Elm St 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 duplex with two bedrooms and one bathroom in each unit; Main‑level kitchen updated with granite countertops; Large range and oven plus oversized stainless‑steel sink
More about this property
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