For Sale
757 W Shepherd Street, Charlotte, MI 48813
$3,499,999
MLS # 25056177 (Michigan Regional Information Center (MichRIC))
46 unitsBuilt 19681.5 acres
1 / 46
Listing 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 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, contact [email protected].
Source: SparkMLS
About this home
Listed at $3,499,999.
Annual property taxes run approximately $64,314 ($5,360/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.
Listing Property Details
Property TypeMulti Family
Property Subtype5+ Units
Bathrooms0
Lot Size1.5 acres
Year Built1968
Location
CityCharlotte
MunicipalityCharlotte City
Zip Code48813
CountyEaton
School DistrictCharlotte
Construction & Systems
ConstructionBrick
BasementOther
HeatingBaseboard
SewerPublic Sewer
UtilitiesElectricity Available, Cable Available, Electricity Connected
Sale & Financing
Listed10/31/2025
Original Price$3,600,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$64,314
Tax Year2025
State Equalized Value$1,560,900
Taxable Value$962,694
Assessed Value$937,385
Parcel #20002410002000
Source: Public Records
Legal Description
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 Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Shawn Jacobs
MOXIE Real Estate + Development
Frequently Asked Questions about 757 W Shepherd Street, Charlotte, MI 48813
Which school district serves 757 W Shepherd Street, Charlotte, MI 48813?
Per MLS# 25056177, 757 W Shepherd Street, Charlotte, MI 48813 is in the Charlotte boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Charlotte directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25056177, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 757 W Shepherd Street, Charlotte, MI 48813?
Per public tax records, annual property taxes for this property are $64,314 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 757 W Shepherd Street, Charlotte, MI 48813 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 757 W Shepherd Street, Charlotte, MI 48813 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 757 W Shepherd Street, Charlotte, MI 48813. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 757 W Shepherd Street, Charlotte, MI 48813?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Charlotte City police department or the Eaton County sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$22,701
Principal & interest$22,701
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
50 Mbps
CableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
8 providers at this address
1.2 Gbps
VerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
0 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
757 W Shepherd Street, Charlotte, MI 48813
View full property history →
Municipality
Charlotte
View all listings →
Get email alerts for new listings near 757 W Shepherd Street
We'll notify you when something hits the market in Charlotte or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.