Skip main navigation
Sold for $3,000,000
  • $3,000,000

    48770 Shelby Rd, Utica, MI 48317

    35beds
    21,965sqft
    Multi Family
    Built in 1974
    -- sqft lot
    $2,776,500 Zestimate®
    $137/sqft
    $1,433 Estimated rent

    Home value

    $2,776,500

    $2.19M - $3.47M

    $1,433/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $1,433/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,433/mo

    Rent Zestimate®

    Refinance and save

    $15,983/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $15,983/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    This is a 28-unit apartment complex on 2.8 acres at a very desirable location, with 3 brick ranch-style buildings. The property consists of 1 three-bedroom, 5 two-bedroom, and 22 one-bedroom units, approximately 955 sq ft, 905 sq ft, and 730 sq ft in area, respectively. A laundry and storage facility are available in the center of each apartment building. The tenants are responsible for their own utilities and routine maintenance. All rents include water. Each unit has an individual entrance. 20 units have their own porch with a dividing privacy wall, providing space for a BBQ grill, chairs, and tables for outside enjoyment. All units have just one floor with no steps to climb. 20 units have their own parking pads next to the back door. Due to the long and wide green space between buildings, there is a feeling of openness and a calm, peaceful setting. The property is in very good condition, with every unit updated or renovated in the last two years. The property is fully occupied, with a waiting list of potential tenants. The growing senior citizen population is creating more and more demand for the amenities provided by this property, creating a steady potential for increased rents. Please do not approach tenants with questions. Contact the listing agent for the video with a virtual tour of the property and additional information.

    Zillow last checked: 8 hours ago

    Listing updated: August 31, 2025 at 01:45pm

    Listed by:

    Mark Tlok 248-678-8899,

    Hartford Real Estate of Michigan

    Bought with:

    Unidentified Agent

    Unidentified Office

    Source: Realcomp II,MLS#: 20230044117MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 35
    • Bathrooms: 29
    • Full bathrooms: 29
    Heating
    • Baseboard, Electric, Forced Air, Natural Gas
    Cooling
    • Central Air, Wall Units
    Appliances
    • Laundry: Laundry Room
    Features
    • High Speed Internet
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 21,965 sqft
    • Finished area above ground: 21,965

    Property

    Parking
    • Total spaces: 58
    • Parking features: Assigned, Parking Lot, Parking Pad
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Entrance
    • Pool features: None
    Lot
    • Size: 2.80 Acres
    • Dimensions: 336 x 362
    Details
    • Additional structures: Other, Sheds
    • Parcel number: 0728126003
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1974
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Underground Utilities

    Community & neighborhood

    Location
    • Region: Utica

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/20/2023Sold$3,000,000-7.7%$137/sqft
    Source: Realcomp II #20230044117 Report a problem
    7/28/2023Pending sale$3,250,000$148/sqft
    Source: Realcomp II #20230044117 Report a problem
    6/9/2023Listed for sale$3,250,000$148/sqft
    Source: Realcomp II #20230044117 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 48317

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value$2,776,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,776,500