Charlotte, MI Apartment buildings for sale

Updated: Sep 29, 2025

Shaker House Apartments For Sale

757 W Shepherd Street, Charlotte, MI 48813

$3,499,999

1.50 AC lot

46‑unit apartment building with a unit mix of 4 studios (~400 SF), 38 two‑bedroom units (~1,000 SF), and 4 three‑bedroom 1.5‑bath units
Currently operating at 96% physical occupancy, with consistently high occupancy levels over the years
Current rents remain below market, offering potential upside for new ownership
Well‑maintained property built in 1968
Construction materials include brick; heating is baseboard with wall unit cooling

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Updated: Mar 10

Shaker House Apartments For Sale

757 W Shepherd St, Charlotte, MI 48813

$3,499,999

1,000 sqft 1.50 AC lot

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 what stands out in Eaton County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

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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Multifamily Apartment Community

1975 E Columbia Ave, Battle Creek, MI 49014

Contact for pricing

102,097 sqft 6.46 AC lot

131-unit apartment community with recent unit renovations across three-story buildings and a well-diversified unit mix.

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Renovated Garden-Style Apartment Building

905 North Ave., Battle Creek, MI 49017

Contact for pricing

9,600 sqft 0.50 AC lot

Garden-style apartment complex with 12 two-bedroom units and on-site laundry.

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New Construction Apartment Building

1925 W Holmes Rd, Lansing, MI 48910

Contact for pricing

Residences feature finished basements, in-unit laundry, new appliances, and tenant-paid utilities.

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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

$295,000

Estimated value

3,175 sqft 4.85 AC lot

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Multifamily properties

116 Stoddard St, Charlotte, MI 48813

Value Estimation 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 1,000 square feet of properties for sale, with an estimated market value of $6,999,998.

Sale prices for two-family homes 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