Back 323 West Wright Avenue
Active

323 West Wright Avenue

Shepherd MI 48883

1016 sq. ft.
0.68 ac.
Multi-Family
Currently for sale - view listing

Overview

Rare Historic Multi-Family Opportunity in a prime Main Street location! Built by the original founder of Shepherd, this unique historic property offers exceptional income potential in the heart of Central Michigan. With over 5,000 finished sq ft, the building was previously configured as four separate apartment units, making it ideal for investors looking to restore a traditional 4-unit rental with two upper and two lower units, or explore flexible options such as short term rentals or an owner-occupied income property. The spacious layout includes a full basement, offering additional storage or future expansion possibilities. Situated on a generous lot, the property features an open side yard and a large parking area to accommodate tenants and guests. Located adjacent to a family-friendly park, directly across from popular restaurants and thriving local businesses, and less than 10 minutes from Central Michigan University, Soaring Eagle Casino & Resort, and Alma College, this property offers both convenience and strong rental appeal. Whether you're looking to expand your portfolio or create a one-of-a-kind income-producing property, the possibilities here are truly endless.

Features

1016 sq. ft. floor area
0.68 ac. lot size
Multi-Family

Happy sellers in Shepherd

~%

We have insufficient information to provide an overview of customer satisfaction for Shepherd. Viewing the agent profiles, reviews and sales for Shepherd can provide insights for this location.

Local market activity for multi families in Shepherd

In the last 12 months, 2 multi families similar to 323 West Wright Avenue, have been sold.

© 2026 RateMyAgent