465 W Wright Ave is an 8-unit multifamily property consisting of two buildings with four units each. Each building features its own on-site laundry facility, providing tenant convenience and additional income potential. Each unit is 1 bedroom 1 bathroom. Located on a quiet residential street with easy access to local amenities, this asset offers stable rental demand and long-term upside in the Mid-Michigan market. Ideal for both new and experienced investors seeking reliable cash flow.

Architectural Style Apartment Carport YN No Construction Materials FrameVinyl Siding Exterior Features None Garage YN No Pool Private YN No Roof Asphalt Spa YN No View YN No

AApx SQFT 700 ABdrm 1 Above Grade Finished Area Units Square Feet Accessibility Features None ALiv Rm Yes Appliances RefrigeratorOven/RangeWater Softener Owned Basement Crawl Space Below Grade Finished Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Forced AirNatural Gas Interior Features None Levels Two

AOccupied Yes Association Fee Frequency Annually Community Features None Deeded Waterfront No ECOFeatures No Home Warranty YN No Horse YN No Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Lease Term Month To Month12 Months Listing Terms ConventionalCash New Construction YN No Open Parking YN No Other Structures None Ownership Type Corporation Parking Features None Pets Allowed No Possession Close Of Escrow Property Attached YN Yes Property Sub Type Multi Family Rent Includes None Road Surface Type Asphalt Sewer Public Sewer Tax Assessed Value 136366 Tax Legal Description PLAT WEST LAWN SUBDIVISION VIL OF SHEPHERD LOT 11 & E 25 FT LOT 10 BLK 1 AND THE S 53 FT OF THE N 54 FT OF THE W 8 FT OF LOT 12 BLK 1.ACREAGE & DESCRIPTION EDITED PER ASSR 11-18-15 Total Actual Rent 650 Water Source Public Waterfront Features None Waterfront YN No Zoning Description Commercial

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Keller Williams of NM Signature Group: 989-317-4444.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-02-10T23:51:43.253.

465 W Wright Avenue

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465 W Wright Avenue Shepherd, MI 48883

Property Description

Architectural Style	Apartment
Carport YN	No
Construction Materials	Frame Vinyl Siding
Exterior Features	None
Garage YN	No
Pool Private YN	No
Roof	Asphalt
Spa YN	No
View YN	No

AApx SQFT	700
ABdrm	1
Above Grade Finished Area Units	Square Feet
Accessibility Features	None
ALiv Rm	Yes
Appliances	Refrigerator Oven/Range Water Softener Owned
Basement	Crawl Space
Below Grade Finished Area Units	Square Feet
Cooling	Central Air
Cooling YN	Yes
Fireplace Features	None
Fireplace YN	No
Heating	Forced Air Natural Gas
Interior Features	None
Levels	Two

AOccupied	Yes
Association Fee Frequency	Annually
Community Features	None
Deeded Waterfront	No
ECOFeatures	No
Home Warranty YN	No
Horse YN	No
Lease Amount Frequency	Annually
Lease Considered YN	No
Lease Renewal Option YN	No
Lease Term	Month To Month 12 Months
Listing Terms	Conventional Cash
New Construction YN	No
Open Parking YN	No
Other Structures	None
Ownership Type	Corporation
Parking Features	None
Pets Allowed	No
Possession	Close Of Escrow
Property Attached YN	Yes
Property Sub Type	Multi Family
Rent Includes	None
Road Surface Type	Asphalt
Sewer	Public Sewer
Tax Assessed Value	136366
Tax Legal Description	PLAT WEST LAWN SUBDIVISION VIL OF SHEPHERD LOT 11 & E 25 FT LOT 10 BLK 1 AND THE S 53 FT OF THE N 54 FT OF THE W 8 FT OF LOT 12 BLK 1.ACREAGE & DESCRIPTION EDITED PER ASSR 11-18-15
Total Actual Rent	650
Water Source	Public
Waterfront Features	None
Waterfront YN	No
Zoning Description	Commercial