381 N Elm Street Shelby, MI ^$ 215,000

381 N Elm Street

^$ 215,000

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Recently Listed

381 N Elm Street

Shelby, MI, 49455

^$ 215,000

Studio Baths0.0

Monthly Estimate*

^$ 1,358

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Studio

Multi-Family Home for sale in Shelby, MI

for $215,000. This home was built in 1932 on a lot size of 0.16.

Come check out this great opportunity to own an investment property in the village of Shelby! This 2-unit home can also be converted back into a single-family, 4-bedroom, 2-bathroom home if you desire. The first unit, on the main floor, has 2 bedrooms and 1 bathroom. There is also an updated kitchen with granite countertops, an oversized range and oven, and an extra-large stainless-steel sink. This kitchen is perfect for the cooking enthusiast and for entertaining! The upstairs unit also has 2 bedrooms and 1 bathroom. Outside, you will find a covered front porch and a large back deck. There are raised garden beds in the backyard for those looking to grow their own produce, as well as a shed to store all your gardening tools.

Multi-Family Active

Price

^$ 215,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,121

Style

Lot Size

0.16

Year Built

1932

Town/City

Shelby

County/Region

Oceana

MLS | Web ID

70554242

Features

General

Heating Wall Heat Forced Air Space Heater

Status Active Active

Year Built 1932

County Oceana

Class MULTIFAMILY

Type Multi-Family

Municipality Shelby

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Shelby (64023)

Primary City Shelby

City Shelby

School District Shelby Public Schools

Financial Terms Cash Conventional

Legal Description LC-L2011P4148 WD-L2015P3633 LOT 4 BLOCK 2 SHELBY VILLAGE VILLAGE OF BARNETT. COMBINED WITH 046-102-004-00-01 IN 2011;

DOM 2

Postal Code 49455

Public Remarks Come check out this great opportunity to own an investment property in the village of Shelby! This 2-unit home can also be converted back into a single-family 4-bedroom

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 42

Lot Size Area 0.16

Lot Dimensions 42 x 165

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mindie VanBoxel

Listing Agent

Coldwell Banker Woodland Schmidt-Hart

Broker

mindie.vanboxel@cbgreatlakes.com

Affordability Calculator

$1,451

Per Month

Monthly Principal & Interest: $1,358
Monthly Property Taxes: $93
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Shelby, MI

Average List Price ^$215,000

Percent of Sale Price 0%

About Shelby, MI

2,081 Population

7% Since 2002

^$34,265 Median Income

34.22 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3679609 Elementary School

3679610 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/23/2026	$215,000		Listed Price

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381 N Elm Street, Shelby, MI, 49455 is a Multi-Family Home for sale at $215,000 with a lot size of 0.16. 381 N Elm Street is a studio with 0.0 baths and was built in 1932. The property's zip code is 49455 which is in Shelby, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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381 N Elm Street

Multi-Family Home for sale in Shelby, MI

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