757 West Shepherd Street
Description
MOXIE is pleased to exclusively offer Shaker House Apartments for sale, a 46-unit apartment building. Shaker House features an attractive unit mix, including 4 studio apartments of approximately 400 SQft, 38 two-bedroom units averaging 1,000 sqft, and 4 three-bedroom, 1.5-bath units. The property has been well maintained. Currently operating at 96% physical occupancy, Shaker House has consistently maintained high occupancy levels over the years. Current rents remain below market, providing significant...MOXIE is pleased to exclusively offer Shaker House Apartments for sale, a 46-unit apartment building. Shaker House features an attractive unit mix, including 4 studio apartments of approximately 400 SQft, 38 two-bedroom units averaging 1,000 sqft, and 4 three-bedroom, 1.5-bath units. The property has been well maintained. Currently operating at 96% physical occupancy, Shaker House has consistently maintained high occupancy levels over the years. Current rents remain below market, providing significant upside potential for new ownership. The property has demonstrated strong historical performance. Shaker House presents a well-located, stable investment opportunity in the growing Charlotte market ideal for an investor seeking value-add potential and long-term growth. To learn more or arrange a confidential tour, please email.
- Listed by Shawn Jacobs • Brokerage DRE #6502431277 • MOXIE Real Estate + DevelopmentP: (989)-980-7359 C: (989)-980-7359 shawnj@workwithmoxie.com
- Listed by Kyle J Kimble • Brokerage DRE #6502431277 • MOXIE Real Estate + DevelopmentP: (616)-706-6086 C: (616)-706-6086 kylek@workwithmoxie.com
Property Details for 757 West Shepherd Street
Zoning
NA
ZoningDescriptionNA
LISTING UPDATED: 12/01/2025 03:10 PM
Property Details for 757 West Shepherd Street
| Status | Active |
|---|---|
| MLS # | 25056177 |
| Days on Market | 132 |
| Taxes | $64,314 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / 5+ Units |
| Year Built | 1968 |
| Lot Size | 1.50 AC / 65,340 SF |
| County | Eaton County |
Location
Listing Courtesy of MOXIE Real Estate + Development
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Building Information for 757 West Shepherd Street
Stories-Residences46Year Built1968Building Size-Lot Size1.50 AC / 65,340 SF
Payment Calculator
$22,905 per month
30 year fixed, 6.15% Interest
Principal and Interest
$17,546
Property Taxes
$5,360
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 757 West Shepherd Street
Summary
Location and General Information
- Cross Streets: S State St.
- Municipality: Charlotte City
- Directions: From I-69, head West on Shepherd St. Complex is located at the corner of Mikesell and Shepherd.
- Area - Major: Eaton County - E
- Street #: 757
- Street Direction: W
- Street Name: Shepherd
- Suffix: Street
- City: Charlotte
- State: MI
- Zip Code: 48813
- County: Eaton
- Latitude: 42.553102
- Longitude: -84.849338
- Area - Minor: Eaton County - E
Taxes and HOA
- Taxable Value: 937385.0
- Approx. Assoc Fee: $0
- Tax ID #: 200-024-100-020-00
Parking
- Parking Features: Paved
- Parking Total: 46.0
- Attached Garage: No
- Driveway: Paved
Virtual Tour
- Total Virtual Tours Count: 0
- Total Open Houses Count: 0
Property
Lot Information
- Lot Dimensions: 661x283
- Lot Measurement: Acres
- Lot Acres: 1.5
- Lot Square Footage: 65340.0
- Lot Size Area: 1.5
Property and Assessments
- Tax Year: 2025
- Road Surface Type: Paved
- Legal: 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
- Property Sub-Type: 5+ Units
- New Construction: No
- Total Floor Plans Count: 0
- Property Type: Multi Family
- Year Built: 1968
- Video Groups: 0
- Mineral Rights: Unknown
Utilities
- Utilities: Electricity Available, Cable Available, Electricity Connected
- Electric: True
- Sewer: Public Sewer, True
- Util Avail at Street: Cable Available, Electricity Available, Public Sewer, Public Water
- Utilities Attached: Electricity Connected
- Water: Public Water
Interior and Exterior Features
Exterior Features
- Construction Materials: Brick
- Street Type: Paved, Public
- Exterior Material: Brick
- Substructure: Other
- Extras: Carports, Laundry Facility
Interior Features
- Heating: Baseboard
- Laundry Features: Common Area
- Basement: Yes
- Cooling: Wall Unit(s)
- Basement Yes/No: Yes
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): 0.0
- Bathrooms Total (Notational): 0.0
- Cooling: Yes
- Heating: Yes
- Heat Source: Electric
- Heat Type: Baseboard
- Air Conditioning: Wall Unit(s)
Multi Family
Multi Family Information
- Number of Units: 46
Income & Expense
- Net Operating Income: $283,985.00
- Operating Expense: $266,128.00
Unit Information
Unit 1
- BathsTotal: 1
- BedsTotal: 1
- FullBaths: 1
- HalfBaths: 0
- ActualRent: $733.00
- Occupied: Yes
- SqFt: 400.0
- Description: Studio
Unit 2
- BathsTotal: 1
- BedsTotal: 2
- FullBaths: 1
- HalfBaths: 0
- ActualRent: $826.00
- Occupied: Yes
- SqFt: 1000.0
- Description: 2 Bed/1Bath
Unit 3
- BathsTotal: 2
- BedsTotal: 3
- FullBaths: 1
- HalfBaths: 1
- ActualRent: $840.00
- Occupied: Yes
- SqFt: 1300.0
- Description: 3 Bed/1.5 Bath
Unit 4
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 5
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 6
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 7
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 8
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 9
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: No
- SqFt: 0.0
- Description: 0
Unit 10
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 11
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Unit 12
- BathsTotal: 0
- BedsTotal: 0
- FullBaths: 0
- HalfBaths: 0
- ActualRent: $.00
- Occupied: Yes
- SqFt: 0.0
- Description: 0
Rental
Rental Information
- Occupant Type: Tenant
- Tenant Pays: Electric
- Owner Pays: Sewer, Trash Collection, Water
- Terms Available: Cash, Conventional
Property History for 757 West Shepherd Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 1, 2025 | Listed (Active) Michigan Regional Information Center #25056177 | $3,600,000 | — |
| Jun 9, 2016 | Sold (Public Record) Public Record #1079797437 | $1,750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/01/2025 | Listed (Active) Michigan Regional Information Center #25056177 | $3,600,000 |
| 06/09/2016 | Sold (Public Record) Public Record #1079797437 | $1,750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 757 West Shepherd Street
Taxable ValueLand-Additions-Total-
Tax Record2021$34,692 ($2,891 / month)
Home Facts
Total Finished SqFt48,384 SqFtAbove Grade Finished SqFt48,384 SqFtStories3Lot Size65,340 SqFtStyleMulti-Family Dwelling (2-4)ZoningN/ACountyEATONAPN200 024 100 020 00
Schools near 757 West Shepherd Street
This home is within Charlotte Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 4 to 8 | |||
| Public - | 7 to 8 | |||
| Public - | 8 to 12 |
Rating | School | Distance |
|---|---|---|
Parkview Elementary School PublicPK to 3 | ||
Charlotte Upper Elementary Public4 to 8 | ||
Charlotte Middle School Public7 to 8 | ||
Charlotte Senior High School Public8 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 MOXIE Real Estate + Development
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