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  • Price cut: $50K (4/23)
    $3,499,999

    757 W Shepherd St, Charlotte, MI 48813

    6beds
    4baths
    2,700sqft
    : 
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    5+ Units
    Built in 1968
    -- sqft lot
    $3,103,000 Zestimate®
    $1,296/sqft
    $-- HOA

    What's special

    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 mxmulti@workwithmoxie.com.
    247 days
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    229
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Jacobs 989-980-7359,

    MOXIE Real Estate + Development 616-890-7794,

    Kyle J Kimble 616-706-6086,

    MOXIE Real Estate + Development

    Source: MichRIC,MLS#: 25056177MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • Wall Unit(s)
      Appliances
      • Laundry: Common Area
      Features
      • Basement: Other
      Interior area
      • Total interior livable area: 2,700 sqft

      Property

      Parking
      • Total spaces: 46
      • Parking features: Paved
      Lot
      • Size: 1.5 Acres
      • Dimensions: 661 x 283
      Details
      • Parcel number: 20002410002000
      • Zoning description: NA

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Units
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1968

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Cable Available, Electricity Connected

      Community & HOA

      Location
      • Region: Charlotte

      Financial & listing details

      • Price per square foot: $1,296/sqft
      • Tax assessed value: $937,385
      • Annual tax amount: $64,314
      • Date on market: 11/1/2025
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $3,103,000

        $2.92M - $3.29M

        $1,508/mo

        Price history

        DateEventPrice
        4/23/2026Price change$3,499,999-1.4%$1,296/sqft
        Source: MichRIC #25056177 Report a problem
        2/19/2026Price change$3,550,000-1.4%$1,315/sqft
        Source: MichRIC #25056177 Report a problem
        11/1/2025Listed for sale$3,600,000+105.7%$1,333/sqft
        Source: MichRIC #25056177 Report a problem
        4/17/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/7/2024Price change$1,050+28%
        Source: Zillow Rentals Report a problem
        2/7/2024Price change$820+9.3%
        Source: Zillow Rentals Report a problem
        2/7/2024Listed for rent$750-28.6%
        Source: Zillow Rentals Report a problem
        1/25/2024Listing removed--
        Source: Zillow Rentals Report a problem
        10/26/2023Price change$1,050+28%
        Source: Zillow Rentals Report a problem
        10/26/2023Price change$820+9.3%
        Source: Zillow Rentals Report a problem
        10/26/2023Listed for rent$750-21.1%
        Source: Zillow Rentals Report a problem
        6/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/21/2023Price change$950+15.9%
        Source: Zillow Rentals Report a problem
        6/29/2022Listed for rent$820
        Source: Zillow Rental Network Premium Report a problem
        6/2/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        5/23/2022Listed for rent$820-9.8%
        Source: Zillow Rental Network Premium_1 Report a problem
        6/21/2016Sold$1,750,000$648/sqft
        Source: Public Record Report a problem
        5/25/2016Listing removed$909+44.5%
        Source: Friedman Management Company Report a problem
        12/11/2015Listed for rent$629
        Source: Friedman Management Company Report a problem
        10/13/2015Listing removed$629
        Source: Friedman Management Company Report a problem
        7/21/2015Listed for rent$629+6.8%
        Source: Friedman Management Company Report a problem
        7/8/2013Listing removed$589
        Source: Friedman Management Company Report a problem
        4/13/2013Price change$589+55.4%
        Source: Friedman Management Company Report a problem
        3/14/2013Listed for rent$379
        Source: Friedman Management Company Report a problem
        2/10/2013Listing removed$379
        Source: Friedman Management Company Report a problem
        1/15/2013Listed for rent$379
        Source: Friedman Management Company Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$61,240 $1,560,900 +71.7%
        2024-- $909,200 +41.3%
        2021$34,692 +1.7%$643,600 +5.2%
        2020$34,104 $612,000 -62.5%
        2019$34,104 +2.6%$1,630,100 +205.9%
        2018$33,244 +35.4%$532,915
        2017$24,558 $532,915
        2016-- $532,915
        2015-- $532,915 +37%
        2014-- $389,015 -64.8%
        2006-- $1,104,700

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48813

        Getting around

        23 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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