$550,000

465 W Wright Ave Shepherd, MI 48883

Estimated payment $3,409/month

Total Views 106
-- Bed
1 Bath
5,800 Sq Ft
$95 Price per Sq Ft

Highlights

  • Popular Property
  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Shepherd High School Rated 9+

About This Home

465 W Wright Ave is an 8-unit multifamily property consisting of two buildings with four units each. Each building features its own on-site laundry facility, providing tenant convenience and additional income potential. Each unit is 1 bedroom 1 bathroom. Located on a quiet residential street with easy access to local amenities, this asset offers stable rental demand and long-term upside in the Mid-Michigan market. Ideal for both new and experienced investors seeking reliable cash flow.

Listing Agent

Gavin Percha

Keller Williams of NM Signature Group License #6501449418 Listed on: 01/29/2026

Keller Williams of NM Signature Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x160

Home Design

  • Apartment
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1 Bathroom
  • 2-Story Property
  • Crawl Space
  • Oven or Range

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

Overview

  • 8 Units
  • Plat West Lawn Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Community Features: None
  • Horses: No
  • Lot Size: 100x160
  • Road Surface Type: Asphalt
  • Has Spa?: No
  • Has View?: No
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: C00149
  • Subdivision Name: Plat West Lawn Subdivision
  • Accessibility Features: None
  • Architectural Style: Apartment
  • Basement: Crawl Space
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: Two
  • Living Area: 5800
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range, Water Softener Owned
  • Fireplace Features: None
  • Stories: 2

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: None

Garage/Parking

  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Pets Allowed: false

Schools

  • Junior High Dist: Shepherd Public School District

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 15245.999999999
  • Zoning Description: Commercial

Rental Info

  • Lease Term: Month To Month,12 Months

Multi Family

  • Number Of Units Total: 8
  • Total Actual Rent: 650
  • Above Grade Finished Area Units: Square Feet

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2026 01/29/26 For Sale $550,000 -- $95 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1941951

Northern Great Lakes REALTORS® MLS

APN: 31-105-00-012-00

Michigan Isabella County Shepherd 48883

465 W Wright Ave, Shepherd, MI

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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Listing Agent
Gavin Percha
Section Image
Keller Williams of NM Signature Group
(989) 567-3785