 Spectrum of a real multiplication operator

For a real measurable function $m$ on a sigma-finite measure space, multiplication on $D(M_m)=\{f\in L^2:mf\in L^2\}$ is an unbounded self-adjoint operator. Testing its adjoint relation on $\{|m|\le n\}$ identifies the same maximal domain. Outside the essential range, multiplication by $(m-z{)}^{-1}$ is a bounded resolvent. Inside it, normalized indicators of finite-positive-measure sets where $m$ is close to $z$ are approximate eigenvectors, so the inverse cannot be bounded.