373 N Elm Street, Shelby, MI 49455 (MLS# 26048385)

373 N Elm Street, Shelby, MI 49455

$150,000

Property Type: Multi Family Lot Size (sq. ft.): 8,250 Status: Pending

Current Price: $150,000 List Date: 9/11/2026 Last Modified: 9/18/2026

Overview

Description

Multi-unit investment property in Shelby offering a solid foundation for ownership. This duplex sits on a generous 8,250-square-foot lot within walking distance to Shelby Public Schools & downtown Shelby, providing substantial land value and potential for additional parking. The multiple-unit configuration presents an excellent opportunity for owner-occupancy with income-generating potential or portfolio diversification. This property delivers the kind of tangible asset base that builds long-term wealth. SUBJECT TO TENANTS RIGHTS.

Listing Details MLS# 26048385

Location Property Info

County: Oceana
Street #: 373
Street Direction: N
Street Name: Elm
Suffix: Street
State: MI
Zip Code: 49455
Zip (4): 1135

General Property Info

Lot Measurement: Acres
Lot Square Footage: 8250
Lot Acres: 0.19
Lot Dimensions: 50x165
New Construction: No
Financial Available: No
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 1920
Total Parking Spaces: 3
Waterfront: No
School District: Shelby

Tax Info

Tax ID #: 046-102-005-00
Taxable Value: 59030
SEV: 124700
For Tax Year: 2025
Seller's Annual Property Tax: 3489.88
Tax Year: 2025
Spec Assessment & Ty: unknown

Status Change Info

Under Contract Date: 2026-09-11

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: back
Occupied: Yes
Monthly Rent: 1000
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: front
SqFt: 960
Occupied: Yes
Monthly Rent: 950
Bathrooms: Yes
Full Baths: Yes

Property Features

Exterior Material: Vinyl Siding Substructure: Partial Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None

Listing Office: Wickstra Realty, Inc.

Listing Agent: Tim Horton

Last Updated: September - 18 - 2026

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