$140,000

38 E Main St Shelby, OH 44875

Estimated payment $823/month

Total Views 2,273
2 Beds
2 Baths
2,185 Sq Ft
$64 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 2-minute walk to Black Fork Commons

About This Home

Great investment opportunity in the heart of Shelby! This mixed-use commercial building features a versatile storefront space, previously used as a photography studio—ideal for retail, office, or creative use. Upstairs, you'll find a well-maintained 2-bed, 1-bath apartment with a reliable long-term tenant already in place, providing steady cash flow from day one. With strong visibility and convenient access, this property offers both income potential and flexibility for your business or portfolio. Don’t miss your chance to own a valuable, income-generating asset in a prime location! PLEASE ALLOW 48 HOURS for response to any offers

Last Listed By

Tracy Jones

Keller Williams Elevate Brokerage Email: tracy@thetracyjonesteam.com 567-309-0567 License #2022006975 Listed on: 05/22/2025

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $447

Year Built

  • Built in 1900

Lot Details

  • 2,187 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,185 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 046-08-044-11-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$447

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: tracy@thetracyjonesteam.com 567-309-0567
  • Above Grade Finished Sq Ft: 2185.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Acres: 0.0502
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Shelby CSD - 7008

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 046-08-044-11-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 447.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $447 $7,800 $840 $6,960
2023 $447 $7,800 $840 $6,960
2022 $471 $7,390 $770 $6,620
2021 $472 $7,390 $770 $6,620
2020 $470 $7,390 $770 $6,620
2019 $484 $7,390 $770 $6,620
2018 $501 $7,390 $770 $6,620
2017 $244 $7,390 $770 $6,620
2016 $471 $6,920 $770 $6,150
2015 $472 $6,920 $770 $6,150
2014 $458 $6,920 $770 $6,150
2012 $447 $6,920 $770 $6,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $140,000 -- $64 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Commercial
Source: Public Records

Source: MLS Now

MLS Number: 5125303

MLS Now

APN: 046-08-044-11-000