Charlotte, MI Apartment buildings for sale

Updated: Sep 29, 2025

46-Unit Apartment Building

757 W Shepherd Street, Charlotte, MI 48813

$3,499,999

1.50 AC lot

46‑unit apartment property on 1.5 acres
Unit mix includes 4 studios, 38 two‑bedroom units, and 4 three‑bedroom units
Studios are approximately 400 square feet; two‑bedroom units average 1,000 square feet
Three‑bedroom apartments include 1.5 baths
96% physical occupancy

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Updated: Oct 28, 2025

Shaker House Apartments For Sale

757 W Shepherd St, Charlotte, MI 48813

$3,499,999

48,384 sqft

High Occupancy: Consistently maintained at 96%, indicating strong tenant demand and stable income.
Value‑Add Potential: Below‑market rents offer significant upside for increased revenue.
Attractive Unit Mix: Diverse mix of studio, two‑bedroom, and three‑bedroom units caters to a wide range of tenants.
Well‑Maintained Property: Suggests lower maintenance costs and fewer immediate capital expenditures.
Stable Investment Opportunity: Proven historical performance provides a reliable investment in a growing market.

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See hot listings in Charlotte

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Charlotte, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Multifamily Building

401 E Willard Ave, Lansing, MI 48910

$1,200,000

11,042 sqft 0.43 AC lot

Two-story brick multifamily asset with garden-level units, 30 parking spaces, and 16 two-bed plus two one-bed apartments.

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12-Unit Multifamily Workforce Housing

3501 Simken Drive, Lansing, MI 48910

Contact for pricing

11,598 sqft

Twelve-unit multifamily property offered for sale in Lansing, Michigan.

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Spacious Condo in Brewer Woods

127 Eastman, Marshall, MI 49068

$385,000

0.05 AC lot

Well-maintained condo with walkout lower level in Marshall, MI.

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22-Unit Affordable Apartment Community

408 Fairway Meadows, Marshall, MI 49068

Contact for pricing

Two-building Section 42 community with varied floor plans, resident parking, and in-unit laundry.

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Off-Market Properties in Charlotte, MI

Consider similar Off-Market properties in Charlotte, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HIGH-RISE APARTMENTS

1653 Lansing Rd, Charlotte, MI 48813-8442

Estimated value:

$295,000

3,175 sqft 4.85 AC lot

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Multifamily properties

116 Stoddard St, Charlotte, MI 48813

Estimated value: by Request

2,715 sqft 0.08 AC lot

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Charlotte, MI Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Charlotte, MI on our real estate platform. These investment opportunities span a total of 48,384 square feet of properties for sale, with an estimated market value of $6,999,998.

Sale prices for apartment complexes in Charlotte, MI average $3,499,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48813	$3.5M

Neighborhood

Average Price

48813

$3.5M