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

381 N ELM STREET, Shelby, MI 49455

SHELBY, MI

Property SizeContact for details
Days on Market3

Property Features for 381 N ELM STREET

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Standard status Active

Building Details

Year built 1932
Listing Agency: Hart · Coldwell Banker Real Estate
Listed By: Mindie VanBoxel · License #6501394976
Added: Aug 24 Changed: Aug 25 Last Checked: Aug 26 at 6:06PM
MLS# 26044582

Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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 contains two residential units, each arranged with two bedrooms and one bathroom. The main-floor residence includes an updated kitchen with granite countertops, an oversized range and oven, and an extra-large stainless-steel sink. The property is also described as convertible to a single-family home with four bedrooms and two bathrooms.

Outdoor features include a covered front porch, a large back deck, raised garden beds, and a shed for gardening equipment. The property is located at 381 N Elm Street in Shelby, Michigan, within Oceana County.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence
  • Main‑floor kitchen updated with granite countertops
  • Oversized range and oven plus extra‑large 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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer flexible living arrangements, with a covered porch, rear deck, garden beds, and storage shed.
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 duplex with 2 bedrooms and 1 bathroom in each residence; Main‑floor kitchen updated with granite countertops; Oversized range and oven plus extra‑large stainless‑steel sink
More about this property
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