323 W Wright, Shepherd, MI 48883
Local realty services provided by:CENTURY 21 Realty North
323 W Wright,Shepherd, MI 48883
$489,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: dave feger
Office: exp realty llc.
MLS#:80067557
Source:MI_REALSOURCE
Price summary
- Price:$489,000
About this home
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....
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Home facts
- Year built:1850
- Listing ID #:80067557
- Added:44 day(s) ago
- Updated:June 13, 2026 at 10:20 AM
Rooms and interior
- Flooring:Hardwood Floors
- Kitchen Description:Refrigerator
- Basement Description:Egress/Daylight Windows, Full, Outside Entrance, Partially Finished
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Year built:1850
- Lot area:0.68 Acres
- Construction Materials:Wood
- Exterior Features:Porch, Sidewalks
- Foundation Description:Basement, Stone
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$489,000
Features and amenities
- Appliances:Dryer, Refrigerator, Washer
- Laundry features:Dryer, Washer
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