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    Shelbyville, MI Residential Income 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
    View details
    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
    View details
    Live-Work Commercial Pole Building
    $294,900
    3,060 SF

    Live-Work Commercial Pole Building

    A commercial pole building with on-site residence provides flexibility for owner-operators, storage, and multi-income strategies.

    11316 W M-179, Middleville, MI 49333
    View details
    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
    View details

    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 Hunter's Ridge
    $75,000
    1.36 Acres

    Residential Land in Hunter's Ridge

    Wooded walkout sites available in Plainwell's Hunter's Ridge Development.

    3127 Elk Antler Avenue, Plainwell, MI 49080
    View details
    Residential Land in Hunter's Ridge
    $69,000
    1.53 Acres

    Residential Land in Hunter's Ridge

    Wooded residential land for sale in Plainwell, Michigan.

    3165 Elk Antler Avenue, Plainwell, MI 49080
    View details
    Residential Land in Hunter's Ridge
    $69,000
    1.42 Acres

    Residential Land in Hunter's Ridge

    Wooded walkout sites available in Plainwell's Hunter's Ridge Development.

    3166 Elk Antler Avenue, Plainwell, MI 49080
    View details
    Commercial Land in Middleville, MI
    $120,000
    0.80 Acres

    Commercial Land in Middleville, MI

    Buildable commercial land in a prime Middleville location.

    215 S Broadway Street, Middleville, MI 49333
    View details

    Shelbyville, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income 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 residential income 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
    Multifamily properties 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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