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548 Shattuck, 
Carrollton, MI 48604

$799,900

15

Beds

16

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Paul Burback

The Miller Group

989-790-0767

Last updated:

May 16, 2026, 10:19 AM

MLS#

50134192

Source:

MI REALSOURCE

About This Home

548 Shattuck

Fully stabilized mixed-use investment offering strong in-place cash flow, zero vacancy risk in core components, and immediate upside through commercial lease-up. NOI: $115,860 Gross Income: $154,560 Expenses: $38,700 Cap Rate: ~14.5% Residential 8 Units – 100% occupied with stable income. Warehouse 8,000 SF – 100% occupied. Below-market rents. Commercial Space 3,000+ SF vacant. Value-add lease-up opportunity. Permitted Uses: Retail store, convenience store, grocery store, restaurant, café, coffee shop, bakery, barbershop, hair salon, nail salon, spa, massage therapy, medical office, dental office, chiropractic clinic, physical therapy clinic, pharmacy, insurance office, real estate office, law office, accounting office, professional office, coworking space, daycare center, tutoring center, fitness studio, gym, yoga studio, martial arts, ETC. Additional Income Coin-operated washer & dryer generating approximately $200/month ($2,400/year). Upside Potential: Lease commercial space, increase warehouse rents, unit conversions. $40K+ additional income potential. High cash-flow asset with immediate income and strong upside. Priced for fast sale.

Home Facts

Multi-Family

16 Baths

15 Bedrooms

Built in 1972

Price Summary

799,900

MLS #:

50134192

Last Updated:

May 16, 2026, 10:19 AM

Added:

2 year(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

15

Bathrooms

Total Bathrooms:

16

Full Bathrooms:

8

Structure

Structure

Architectural Style:

Quad-Level

Year Built:

1972

Lot

Lot Size (Sq. Ft):

64,033

Finances & Disclosures

Finances

Price:

$799,900

Source:MI REALSOURCE
The information being provided by Michigan Mls/Mirealsource is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Michigan Mls/Mirealsource All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.