46-Unit Apartment
For Sale
$3,499,999
Pending
757 W Shepherd Street, Charlotte, MI 48813
Multi Family, Charlotte, MI
Property SizeContact for details
Lot Size1.50 Acres
Days on Market350
Property Features for 757 W Shepherd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 1, Basement
Parking
46
Elementary school district
Charlotte
Middle school district
Charlotte
High school district
Charlotte
Directions
From I-69, head West on Shepherd St. Complex is located at the corner of Mikesell and Shepherd.
Subdivision
Eaton County - E
Standard status
Pending
APN
200-024-100-020-00
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 290 FEET OF W 1/2 OF E 1/2 OF NW 1/4 EXCEPT EASEMENT OVER N 33 FEET & W 33 FEET FOR STREET. SEC.24, T2N,R5W, CITY OF CHARLOTTE
Tax Annual Amount
64314
Legal Description
N 290 FEET OF W 1/2 OF E 1/2 OF NW 1/4 EXCEPT EASEMENT OVER N 33 FEET & W 33 FEET FOR STREET. SEC.24, T2N,R5W, CITY OF CHARLOTTE
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall Unit(s)
Building Details
Year built
1968
Number of units
46
Building materials
Brick
Listing Agency:
MOXIE Real Estate + Development
(616) 890-7794
Listed By:
Shawn Jacobs · License #6501370018
(616) 341-7699
Added: Sep 29, 2025
Changed: Sep 12
Last Checked: Sep 13 at 10:06AM
MLS# 25056177
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 46-unit apartment property was built in 1968 on 1.5 acres and offers a varied residential mix. The unit composition includes 4 studio apartments of approximately 400 square feet, 38 two-bedroom apartments averaging 1,000 square feet, and 4 three-bedroom, 1.5-bath apartments. Building systems include baseboard heating, wall-unit cooling, cable availability, and public sewer service.
The property is located at 757 W Shepherd Street in Charlotte, Michigan, within Eaton County. Physical occupancy is reported at 96%. Brick construction and the combination of smaller studios with larger multi-bedroom residences provide a range of apartment configurations within the same building.
The property is located at 757 W Shepherd Street in Charlotte, Michigan, within Eaton County. Physical occupancy is reported at 96%. Brick construction and the combination of smaller studios with larger multi-bedroom residences provide a range of apartment configurations within the same building.
Key Highlights
- 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
Property Analytics
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Current Use
Lease Details
46
Residential units
96%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 48813, MI
21,068
Population
8,174
Households
2.6
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
168.1 sq mi
ZIP Area
125
Density / Sq Mi
$77,431
Median Household Income
$41,723
Median Earnings
$870
Median Rent
$178,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction, public sewer, and a mix of studio, two-bedroom, and three-bedroom residences.
Where is this apartment building located?
The property is located at 757 W Shepherd Street Charlotte, MI.
What is the asking price?
The asking price for this property is $3,499,999.
What are key features of this property?
This property features: 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
