Sold
Last Sold Price
988 sqft$207/sqft
5601 South Shepherd Road, Shepherd, MI 48883
Multi FamilyProperty Type
2 acresLot Size
1977Year Built
$207/sq ftPrice per sq ft

Description

Look no further for a great income producing property outside the City! $32,760 currently a year in rent! One tax id with 2 buildings and 4 units total. Laundry in the common area of both. Separate drainfields, shared well. Space between the 2 buildings to possibly build a 3rd building; subject to township approval. Long term tenants and very easy to rent. 2 Car attached garage with each.Look no further for a great income producing property outside the City! $32,760 currently a year in rent! One tax id with 2 buildings and 4 units total. Laundry in the common area of both. Separate drainfields, shared well. Space between the 2 buildings to possibly build a 3rd building; subject to township approval. Long term tenants and very easy to rent. 2 Car attached garage with each.
  • Listed by: Ryan Anderson 989.400.8172 ryananderson.homes@gmail.com • FIRST CHOICE REALTY
Listing closed: 02/15/2022 12:00 AM • Source: MiRealSource, MLS#: 1332898

Recent comparable sales

Median sold price

$153,000

Avg days on market

66

Sale-to-list ratio

95.2%

Shepherd, MI

9 comparable properties found

$239,999 | 421 West Wright Avenue, Unit 421 425 LOT: 114, Shepherd, MI 48883
1/43
1

$239,999

Sold 08/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$239,999 | 421 West Wright Avenue, Shepherd, MI 48883
1/43
2

$239,999

Sold 08/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$525,000 | 465 West Wright Avenue, Shepherd, MI 48883
1/6
3

$525,000

Sold 04/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
700
Square Feet
0.35
Acres
$27,000 | Tbd South Wise Road, Shepherd, MI 48883
1/7
4

$27,000

Sold 05/19/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.75
Acres
$28,000 | Tbd South Lakeside Trail, Shepherd, MI 48883
1/15
5

$28,000

Sold 11/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.34
Acres
$107,750 | Tbd East Wing Road, Shepherd, MI 48883
1/10
6

$107,750

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
15
Acres
$32,000 | 0 North Drive, Shepherd, MI 48883
1/9
7

$32,000

Sold 02/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.53
Acres
$153,000 | Tbd South Leaton Road, Shepherd, MI 48883
1/6
8

$153,000

Sold 09/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20
Acres
$185,000 | Tbd West Coe Road, Unit COE ROAD, Shepherd, MI 48883
1/10
9

$185,000

Sold 01/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres

Location

Listing Courtesy of FIRST CHOICE REALTY

Sold By THE SHOWALTER GROUP LLC

Add your commute

Payment Calculator

$1,472 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,059

Property Taxes

$413

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5601 South Shepherd Road

Property Details
  • Taxes: $4,954 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: Bi-Level
  • Subdivision Name: NA
  • Zoning Description: Residential
Building Information
  • Residences: 4
  • Year Built: 1977
  • Lot Size: 2.00 AC / 87,120 SF
Summary
Location and General Information
  • Directions: M20/Pickard East to Shepherd Road. House is on the East side of the road.
  • Latitude: 43.558996
  • Longitude: -84.68716197
  • MLS Area Major: Chippewa Twp (37002)
Taxes and HOA
  • Parcel Number: 02-033-30-001-04
  • Tax Annual Amount: $4,954.42
  • Tax Assessed Value: 106571
School Information
  • High School District: Shepherd
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
Property
Lot Information
  • Lot Size Acres: 2.0
  • Lot Size Dimensions: Approx. 330x265
Property and Assessments
  • Above Grade Finished Area: 988.0
  • Above Grade Finished Area Units: Square Feet
  • Building Area Total: 988.0
  • Living Area: 988.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1977
Building Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Basement
  • Levels: Two
Utilities
  • Sewer: Septic Tank
  • Utilities: Propane, Cable Available, Electricity Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Refrigerator, Washer, Range, Oven
  • Basement: Full
  • Has Basement: Yes
  • Has Cooling: No
  • Heating: Baseboard, Hot Water, Electric, Propane
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Unit Information
Unit 1
  • Total Rent: $650.00
  • Type: Unknown Data Share
Unit 2
  • Total Rent: $750.00
  • Type: Unknown Data Share
Unit 3
  • Total Rent: $665.00
  • Type: Unknown Data Share
Unit 4
  • Total Rent: $665.00
  • Type: Unknown Data Share

Property History for 5601 South Shepherd Road

DateEvent & SourcePriceAppreciation
Feb 15, 2022

Sold

Realcomp #79001332898

$205,000
Feb 15, 2022

Sold

MiRealSource #1332898

$205,000
Feb 15, 2022

Contract Signed

Realcomp #79001332898

DateEvent & SourcePrice
02/15/2022

Sold

Realcomp #79001332898

$205,000
02/15/2022

Sold

MiRealSource #1332898

$205,000
02/15/2022

Contract Signed

Realcomp #79001332898

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5601 South Shepherd Road

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Lot Size87,120 SqFtStyleSingle Family ResidenceCountyISABELLAAPN02-033-30-001-04

Schools near 5601 South Shepherd Road

This home is within Shepherd Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Shepherd Elementary School
PublicK to 5

Shepherd Middle School
Public6 to 8

Shepherd High School
Public9 to 12

Odyssey Middle/High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of FIRST CHOICE REALTY

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.