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 Sq 1,600

Monthly Estimate*

$ 2,462

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Studio

Multi-Family Home for sale in Shelby Twp, MI

for $399,900. This 1,600 square foot 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

Lot Size

0.26

Year Built

1960

Town/City

Shelby Twp

County/Region

Macomb

MLS | Web ID

70514540

Features
General
Heating Forced Air
Garage Additional Garage(s)
Status Active Active
Year Built 1960
County Macomb
Class MULTIFAMILY
Type Multi-Family
Net Income 25720
Municipality Shelby Twp
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Shelby Twp (50007)
Primary City Shelby Twp
Directions West of 53 and Remer Avenue on Russell.
City Shelby Twp
School District Utica Community Schools
Financial Terms Cash Conventional
Legal Description *L 59 SUPERVISORS PLAT OF CROSS GOODALE SUB LOT 59. LIBER 19 PAGE 20
DOM 10
Postal Code 48317
Price Per Sq Ft Total AG 249.94
Public Remarks Very unique offering. Income-generating
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Exterior
Exterior Aluminum Brick
Frontage 80
Lot Size Area 0.26
Lot Dimensions 80x140
Roads Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Michael Klaiber

Listing Agent

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
759666 Elementary School
759828 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$399,900 Listed Price

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8820 Russell Street, Shelby Twp, MI, 48317 is a Multi-Family Home for sale at $399,900 with 1,600 sqft and 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