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Charlotte, MI Apartment Buildings for Sale

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Shaker House Apartments 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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Shaker House Apartments For Sale
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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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

12-Unit Multifamily Workforce Housing
12-Unit Multifamily Workforce Housing

3501 Simken Drive, Lansing, MI 48910

$895,000
11,598 sqft

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

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Multifamily Investment Opportunity in Lansing
Multifamily Investment Opportunity in Lansing

3501 Simken Drive |, Lansing, MI 48910

$795,000
7,732 sqft

Multifamily property with 12 units in a desirable Lansing location.

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Well-Maintained Multifamily Property
Well-Maintained Multifamily Property

561 Garrison Road, Battle Creek, MI 49017

$1,488,000
4.30 AC lot

Well-kept multi-unit building near major roadways, offering practical apartment layouts and on-site parking for residents.

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Well-Maintained Multifamily Property
Well-Maintained Multifamily Property

Battle Creek, MI 49017

$1,488,000

Multi-unit residential income property with on-site parking and updated units in a convenient Battle Creek area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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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.

1653 Lansing Rd
HIGH-RISE APARTMENTS

1653 Lansing Rd, Charlotte, MI 48813-8442

Value Estimation by Request
3,175 sqft 4.85 AC lot
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116 Stoddard St
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 $3,499,999.

Sale prices for two-family homes in Charlotte, MI start at $3,499,999, averaging $3,499,999, and reaching up to $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.

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Demographics Overview

Population 20K
Population Growth (5Y) -3.4%
Median Household Income $77,431
College Educated 24.6%

High-Yield Neighborhoods for Investment

Identify Charlotte submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48813 $3.5M

Taxes & Financing

Tax Rate (average for all types) 4.63%
Property Tax per SF $86.14 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Eaton County

New Delisted

Total CRE Inventory on Market (SF)

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