Pending

465 W Wright Avenue

Shepherd, Michigan 48883

$550,000 $2,318/Mo

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Overview

Bed

Bath

700

Sqft

0.35

Acre(Lot)

Description

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.

Property Details

Property Type : Multifamily

Price : $550,000

AD Id : 74772203

MLS Id : 79080065116

Lot Size : 0.35 Acre

Living Area Size : 700

Year Built : 2003

County : Isabella

Subdivision: Village Of Breckenridge

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 2003 Building Stories: 2 Story Total Units: 8 Foundation/Basement: Crawl Architecture: Apartment
Exterior Features
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal)

Lot Information

Lot Size: 0.35 Lot Dimensions: 100x160
Property Information

SQ ft: 700 Subdivision: Plat West Lawn Subdivision Financing: Cash

Listing Price Information

Original List Price: $550,000
Listing Information

Possession: At Close Legal Description: PLAT WEST LAWN SUBDIVISION VIL OF SHEPHERD LOT 11 & E 25 FT LOT 10 BLK 1 AND THE S 53 FT OF THE N 54 FT OF THE W 8 FT OF LOT 12 BLK 1.ACREAGE & DESCRIPTION EDITED PER ASSR 11-18-15

Tax Information

Parcel Number: 311050001200
Possession

At Close
Legal Information

Legal Description: Section: PLAT WEST LAWN SUBDIVISION VIL OF SHEPHERD LOT 11 & E 25 FT LOT 10 BLK 1 AND THE S 53 FT OF THE N 54 FT OF THE W 8 FT OF LOT 12 BLK 1.ACREAGE & DESCRIPTION EDITED PER ASSR 11-18-15

School Information

School District: Shepherd
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)

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At $785.71 per sq.ft.,this listing is priced below average compared to other multifamily from Shepherd.

The average multifamily price in Shepherd is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Isabella County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

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ByOwner last updated this listing 04/06/2026 @ 23:53

MLS: 79080065116 LISTED BY: Gavin Percha , Keller Williams of NM Signature Group 989-317-4444 SOURCE: Realcomp II Ltd