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Renovated Multi-Unit Investment Property
For Sale
$399,900
Pending

8820 Russell Street, Shelby Twp, MI 48317

MULTI_FAMILY - Shelby Twp, MI

Property SizeContact for details
Lot Size0.26 Acres
Days on Market188

Property Features for 8820 Russell Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
Rooms Bathroom 2, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Parking 10
Parking features Driveway
Subdivision Cross Goodale
Elementary school district Utica
Middle school district Utica
High school district Utica
Directions West of 53 and Remer Avenue on Russell.
Standard status Pending
APN 23-07-34-179-005
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description *L 59 SUPERVISORS PLAT OF CROSS GOODALE SUB LOT 59. LIBER 19 PAGE 20
Tax Annual Amount 6080
Legal Description *L 59 SUPERVISORS PLAT OF CROSS GOODALE SUB LOT 59. LIBER 19 PAGE 20

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air

Amenities

laundry facility
fenced backyard

Building Details

Year built 1960
Number of units 2
Building materials Aluminum Siding, Brick
Listing Agency: K. W. Peterson & Associates
Listed By: Michael Klaiber · License #6502392573
Added: Feb 10 Changed: Aug 12 Last Checked: Aug 17 at 1:06AM
MLS# 26004857

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 is an income-generating multi-unit property located in a quiet, desirable Shelby Township neighborhood within the Utica Schools district. The property has been completely renovated inside and out in 2021/2022, including new windows, roofing, exterior, kitchens, bathrooms, flooring, electrical, plumbing, and mechanical systems. The property features an extensive concrete driveway and a two-car detached garage with a wall separator for privacy. The property also includes a large fenced backyard and laundry facilities, each equipped with a washer and dryer. Separate meters are in place. This property is suitable for investors seeking immediate income or for owner-occupiers looking to rent out one unit. The property is located close to M-53 and major freeways, providing convenient access to shopping, travel routes, commute paths, and Grant Park. The lot size is 0.26 acres.

Key Highlights

  • Income‑generating multi‑unit home in Shelby Township with Utica Schools
  • Completely renovated inside and out with extensive updates in 2021/2022, including windows and roofing
  • Separate meters and laundry facilities with washer and dryer for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Daycare Center Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility

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
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

Demographics for 48317, MI

27,864
Population
12,936
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,322
Density / Sq Mi
$72,465
Median Household Income
$41,895
Median Earnings
$1,227
Median Rent
$248,700
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 - Income-generating duplex in Shelby Township, completely renovated in 2021/2022.
Where is this duplex located?
The property is located at 8820 Russell Street Shelby Twp, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Income‑generating multi‑unit home in Shelby Township with Utica Schools; Completely renovated inside and out with extensive updates in 2021/2022, including windows and roofing; Separate meters and laundry facilities with washer and dryer for each unit
More about this property
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