Shaker House Apartments

757 West Shepherd Street, Charlotte, MI 48813

Property Information

  • For Sale $3,499,999
  • Property Type Multi-Family
  • Property Size 48,384 SF
  • Units 46
  • Year Built 1968
  • Year Renovated 2024
  • Date Updated May 29, 2026

Description

Shaker House Apartments sits just west of I-69 and Cochran Avenue, Charlotte’s primary north–south roadway. Charlotte is a small city located roughly twenty miles southwest of Lansing and about twenty-five miles northeast of Battle Creek. Shaker House’s close proximity to the expressway provides convenient access to employment centers and a wide variety of nearby amenities, including shopping, dining, and entertainment. This attractive residential community is home to well-kept neighborhoods. With easy access to I-69, this location is only a 30 minutes drive to Lansing and East Lansing – Home of Michigan State University.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 .

Highlights

  • Below market rents. Ability to raise rents and increase efficiencies to increase NOI.
  • Competitive unit mix with large pr predominantly 2Br and 3Br units.
  • Well kept and maintained building with many Capital Improvements.

Contacts

Shawn Jacobs

MX Multifamily

Location

Contact Listing Broker
Shawn Jacobs

MX Multifamily

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