Shelbyville, MI Multifamily properties for sale

Updated: Jul 29

Gun Lake Short-Term Rental Property

2380 S Patterson Rd, Shelbyville, MI 49344

$175,000

1,782 sqft

Across from Gun Lake launch site and boat launch
Township approval for Airbnb use
1,782 square feet
Built in 2001
2380 S Patterson Rd, Shelbyville, MI 49344

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Updated: May 6

Waterfront Duplex with Updated Interiors

3651 England, Shelbyville, MI 49344

$530,000

Duplex on Gun Lake with channel frontage at Englands Point
Each unit includes 2 bedrooms and 1 bathroom
Updated kitchens with new appliances
New flooring and fresh interior paint
Exterior improvements completed

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Historic Mixed-Use Townhouse Property

721 E Bridge Street, Plainwell, MI 49080

$425,000

5,142 sqft 0.15 AC lot

Original architectural elements support flexible residential and commercial configurations across the converted grainery building.

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Remodeled Lakefront Duplex

6319 Woods Trail Drive, Delton, MI 49046

$300,000

0.51 AC lot

Two separate living areas provide flexible occupancy options, with a dock, sandy beach, and shallow swimming along Mudd Lake.

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Historic Grainery Triplex

721 E Bridge Street, Plainwell, MI 49080

$425,000

0.15 AC lot

Three-unit townhouse building with original grainery details, rooftop patio access, and a flexible main-level unit.

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Remodeled Lakefront Duplex

Delton, MI 49046

$300,000

Two distinct residences offer flexible living arrangements beside Mudd Lake with direct water access and outdoor recreation features.

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Shelbyville, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Shelbyville, MI on our real estate platform. These investment opportunities span a total of 1,782 square feet of properties for sale, with an estimated market value of $705,000.

Sale prices for multifamily properties in Shelbyville, MI start at $175,000, averaging $352,500, 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.

Neighborhood	Average Price
49344	$315K

Neighborhood

Average Price

49344

$315K