465 W Wright Ave
Shepherd, MI 48883
- 1 Bed
- 1 Bath
- 5,800 sqft (on 0.35 acres)
$525,000
Last Sold: Apr 20, 2026
5% below list $550K
$91/sqft
Est. Refi. Payment $3,444/mo*
$525,000
Last Sold: Apr 20, 2026
5% below list $550K
$91/sqft
Est. Refi. Payment $3,444/mo*
1 Bed
1 Bath
5,800 sqft
(on 0.35 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
2003
Lot Size
0.35 acres
Living Area
5,800 sqft
Price/Sqft
$91/sqft
Parking
None
About this House
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.
465 W Wright Ave, Shepherd, MI 48883 is a 1 bedroom, 1 bathroom, 5,800 sqft multi-family built in 2003. It last sold for $525,000 on Apr 20, 2026 (5% below the $550,000 asking price). It is currently off market. The Trulia Estimate is $520,900, with a rent estimate of $913/month.
Home Details for 465 W Wright Ave
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 5800 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Water Softener OwnedRefrigerator |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: AsphaltOther Structures: NoneExterior: NoneNo Private Pool |
Parking & Garage No CarportNo GarageNo Open ParkingParking: None |
Frontage Waterfront: NoneRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 81 |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Apartment |
Building Construction Materials: Frame, Vinyl SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty |
Property Information Parcel Number: 311050001200 |
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Price List Price: $550,000Price Per Sqft: $91/sqftPrice Range: $525,000 - $550,000 |
Status Change & Dates Off Market Date: Mon Apr 20 2026Possession Timing: Close Of Escrow |
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MLS Status: Sold Co-op Member |
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Direction & Address City: ShepherdCommunity: Plat West Lawn Subdivision |
School Information Elementary School District: Shepherd Public School DistrictJr High / Middle School District: Shepherd Public School DistrictHigh School District: Shepherd Public School District |
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Building Area Building Area: 5800 Square Feet |
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Community Features: None |
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Lot Area: 0.35 acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Cash |
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Rent Includes: None |
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Mls Number: 1941951 |
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None |
Last check for updates: about 4 hours ago
Listed by Gavin Percha, (989) 954-1182
Keller Williams of NM Signature Group, (989) 317-4444
Bought with: Jaquelyn Davis, (989) 289-7487, ASSOCIATED REALTY, (989) 772-4226
Source: NGLRMLS, MLS#1941951

Price History for 465 W Wright Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/20/2026 | $525,000 | Sold | NGLRMLS #1941951 |
| 02/12/2026 | $550,000 | Pending | NGLRMLS #1941951 |
| 01/30/2026 | $550,000 | Listed For Sale | NGLRMLS #1941951 |
Market trends in Shepherd
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
1MoM
Comparable Sales for 465 W Wright Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $239,999 | 08/28/25 | 2 | 1 | 3,512 | |
0.06 | Multi-Family Home | $239,999 | 08/28/25 | - | - | ||
5.79 | Multi-Family Home | $167,500 | 07/01/26 | 6 | 2 | 2,188 | |
5.95 | Multi-Family Home | $244,000 | 04/14/26 | 4 | 2.5 | 1,872 | |
6.10 | Multi-Family Home | $216,000 | 04/08/26 | 4 | 2 | 2,002 | |
6.44 | Multi-Family Home | $354,000 | 10/31/25 | 4 | 2 | 2,622 | |
6.08 | Multi-Family Home | $245,000 | 05/29/26 | 4 | 2.5 | 1,717 | |
6.17 | Multi-Family Home | $248,500 | 03/12/26 | 6 | 4 | 2,520 | |
6.47 | Multi-Family Home | $330,000 | 07/17/26 | 4 | 2.5 | 2,652 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 465 W Wright Ave.
What Locals Say about Shepherd
At least 10 Trulia users voted on each feature.
100 % Say people would walk alone at night
92 % Say kids play outside
92 % Say parking is easy
86 % Say they plan to stay for at least 5 years
80 % Say it's dog friendly
76 % Say there are sidewalks
73 % Say car is needed
69 % Say yards are well-kept
62 % Say streets are well-lit
58 % Say it's walkable to restaurants
53 % Say it's quiet
50 % Say there's holiday spirit
43 % Say there's wildlife
40 % Say neighbors are friendly
33 % Say there are community events
20 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 465 W Wright Ave
Off Market Homes Near 465 W Wright Ave

The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

