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    Shepherd, MI
    Multifamily

    Shepherd, MI Multifamily Properties for Sale

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    Mt Pleasant, MI Alma, MI Saint Louis, MI Midland, MI Breckenridge, MI Coleman, MI Riverdale, MI Elm Hall, MI
    Two-Home Duplex Property
    Updated: Jul 27
    Two-Home Duplex Property

    3988 W Isabella Road, Shepherd, MI 48883

    $180,000
    1,800 sqft 3.11 AC lot
    Two separate homes on 3.11 acres
    Reported property size of 1,800 square feet
    One home includes a two‑car garage and storm shelter
    Second home includes a carport
    Both residences have fenced yards and decks
    View details
    Two-Home Multifamily Property
    Updated: Apr 29
    Two-Home Multifamily Property

    Shepherd, MI 48883

    $180,000
    990 sqft
    Two homes on over 3 acres
    Shared well serves both residences
    One home has a two‑car garage, fenced yard, and storm shelter
    Second home includes a carport and fenced yard
    Newer roofs on both homes
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Multifamily for sale in Shepherd, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    7-Unit Apartment Building
    7-Unit Apartment Building

    3467 S Summerton Road, Mt Pleasant, MI 48858

    $484,900
    5,600 sqft 1.50 AC lot

    Updated kitchens, bathrooms, flooring, and neutral finishes serve a balanced apartment unit mix.

    View details
    Updated 7-Unit Apartment Building
    Updated 7-Unit Apartment Building

    3477-3467 S Summerton Rd, Mt Pleasant, MI 48858

    $484,900
    5,600 sqft

    Apartments feature updated kitchens, neutral finishes, and contemporary bathrooms.

    View details
    7-Unit Apartment Building
    7-Unit Apartment Building

    3467 S Summerton Rd, Mount Pleasant, MI 48858

    $484,900
    900 sqft

    Updated apartments offer a balanced mix of one- and two-bedroom floor plans with contemporary interior finishes.

    View details
    Two Duplex Multifamily Property
    Two Duplex Multifamily Property

    3481-3489 S Summerton Road, Mount Pleasant, MI 48858

    $309,900

    Four occupied units in two duplexes, with recent roof, flooring, and interior paint updates.

    View details

    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.

    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

    View details

    Shepherd, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 2,790 square feet of properties for sale, with an estimated market value of $360,000.

    Sale prices for multifamily properties in Shepherd, MI average $180,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 6,755
    Population Growth (5Y) -2.3%
    Median Household Income $66,364
    College Educated 26.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48883 $180K

    Taxes & Financing

    Tax Rate (average for all types) 4.58%
    Property Tax per SF $89.48 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Isabella County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Isabella County

    Retail

    Office

    Residential Income

    How Realmo verifies these figures

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