Shelbyville, MI
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    Shelbyville, MI Multifamily Properties for Sale

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    Wayland, MI Hopkins, MI Middleville, MI
    Gun Lake Duplex Investment Property
    $530,000
    0.20 Acres

    Gun Lake Duplex Investment Property

    Shelbyville, MI 49344

    Updated duplex on Gun Lake with channel frontage.

    • Waterfront property on Gun Lake with channel frontage
    • Duplex offers investment opportunity and personal lake enjoyment
    • Completely updated units with new floors, kitchens, paint, and appliances
    • Located on highly sought‑after Englands Point
    • Each unit contains 2 bedrooms and 1 bathroom
    Updated: May 4
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Middleville Duplex Investment Opportunity
    $570,000
    0.80 Acres

    Middleville Duplex Investment Opportunity

    Four-bedroom, two-bath duplex in downtown Middleville with rental potential.

    215 S Broadway Street, Middleville, MI 49333
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    Wayland Multifamily Investment Opportunity
    $450,000
    0.37 Acres

    Wayland Multifamily Investment Opportunity

    Four units including a studio apartment near Wayland schools.

    3078 Sandy Beach Street, Wayland, MI 49348
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    New Duplex in Wayland, MI
    $529,000
    0.45 Acres

    New Duplex in Wayland, MI

    New duplex built in 2023, both units currently occupied.

    545 N Main Street, Wayland, MI 49348
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    Middleville Duplex: Investment Opportunity
    $570,000
    0.80 Acres

    Middleville Duplex: Investment Opportunity

    Four-bedroom, two-bath duplex in downtown Middleville with strong rental potential.

    215 S Broadway St, Middleville, MI 49333
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres

    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877
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    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres

    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836
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    Lakefront Land Parcel For Sale
    $284,900
    2.67 Acres

    Lakefront Land Parcel For Sale

    2.67-acre lakefront parcel with mobile home near Silver Lake ORV.

    2605 N 34th, Mears, MI 49436
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    Recreational Land in Gated Community
    $44,000
    0.75 Acres

    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622
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    Shelbyville, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Shelbyville, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $530,000.

    Sale prices for multifamily properties in Shelbyville, MI start at $530,000, averaging $530,000, and reaching up to $530,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 1

    Demographics Overview

    Population 4,139
    Population Growth (5Y) +21.0%
    Median Household Income $76,420
    College Educated 16.9%

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49344 $530K

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $96.97 per sq ft
    Average Loan-to-Value 65.0%

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