8820 Russell Street Shelby Twp, MI $ 399,900
8820 Russell Street
$ 399,900
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8820 Russell Street

Shelby Twp, MI, 48317
$ 399,900
Baths0.0

Monthly Estimate*

$ 2,462

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Studio

Multi-Family Home for sale in Shelby Twp, MI

for $399,900. This home was built in 1960 on a lot size of 0.26.

Very unique offering. Income-generating, very well maintained multi-unit in quiet desirable Shelby Township neighborhood with Utica Schools. Completely renovated inside and out... Everything new in 2021/2022, windows, roofing, exterior, kitchens, bathrooms, flooring, electrical, plumbing, mechanicals, extensive concrete driveway and more. Two car detached garage with wall separator for privacy. Huge fenced in backyard. Laundry facility, each with washer and dryer. Separate meters. Turn your investment into immediate income, or occupy one unit and rent out the other. Close to M-53 and major freeways with all major shopping, travel and commute paths, Grant Park and more. DO NOT DISTURB TENANTS.

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Multi-Family Active

Price

$ 399,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,080

Style

2 to 4 Units

Lot Size

0.26

Year Built

1960

Town/City

Shelby Twp

County/Region

Macomb

MLS | Web ID

26004857

Features
General
Sewer Septic Tank
Heating Forced Air
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Cable Connected
Possession Subject To Tenant Rights
Roof Other
Construction Materials Aluminum Siding Brick
Exclusions Mustang
Year Built 1960
Tenant Pays Electric Gas
Township Shelby Twp
Property Subtype 2 to 4 Units
Tax Year 2024
Gross Income 32400.0
County Macomb
Net Operating Income 25720.0
Operating Expense 6680.0
New Construction N
Property Type Multi Family
Attached Garage N
MaintenanceExpense 400.0
Subdivision Name Cross Goodale
Status Active
Directions West of 53 and Remer Avenue on Russell.
City Shelby Twp
High School District Utica
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 11200.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6080.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 102480
Legal Description *L 59 SUPERVISORS PLAT OF CROSS GOODALE SUB LOT 59. LIBER 19 PAGE 20
Senior Community None
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Interior
Basement Slab
Basement (Y/N) N
Heating Y/N Y
Laundry Features Common Area Laundry Room Main Level
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Total Parking 10.0
Lot Size Area 0.26
Number of Buildings 1
Spa N
Lot Dimensions 80x140
Lot Size Acres 0.26
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 8820
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* Excluded Features
List By
K. W. Peterson & Associates

Broker

mike@kwpeterson.com

Email

Affordability Calculator

$2,969
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$507
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4156710 Elementary School
4156709 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$399,900 Listed Price

Map


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8820 Russell Street, Shelby Twp, MI, 48317 is a Multi-Family Home for sale at $399,900 with a lot size of 0.26. 8820 Russell Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 48317 which is in Shelby Twp, MI