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$489,000
6 Days On Site

323 W Wright Avenue
Shepherd Village, MI 48883

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,016
SqFt
$481
/SqFt
1850
Built
Subdivision:
VILLAGE OF SHEPHERD
County:
Isabella
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
323 W Wright Avenue323 W Wright Avenue323 W Wright Avenue323 W Wright Avenue
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Monthly Payment (Est.)

$2,231
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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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Listing Snapshot
Price 
$489,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,016 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.68 Acres
Year Built 
1850
MLS® Number 
79080067557
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Acres 
0.68
Building Features 
Sidewalks
Foundation 
Stone
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1016
Style 
Colonial
Water Source 
Public
Zoning 
Commercial
Interior Features
Appliances 
DryerRefrigeratorWasher
Basement 
Walk-Out AccessDaylightExterior EntryFullPartially Finished
Cooling 
Central AirWindow Unit(s)
Flooring 
Hardwood
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Wood Siding
Other Structures 
Shed(s)
Patio And Porch 
Porch
Community Features
Community Features 
Sidewalks
Financing Terms Available 
CashContractFHA
MLS Area 
Area37162ShepherdVlg
School District 
Shepherd
Schools
School District
Shepherd
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXP REALTY LLC: (989) 965-3075



IDX provided courtesy of Realcomp II Ltd. via CentralMichiganAssociationofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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