218 E River Street Cadillac, MI ^$ 169,900

218 E River Street

^$ 169,900

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218 E River Street

Cadillac, MI, 49601

^$ 169,900

Studio Baths0.0 Sq 913

Monthly Estimate*

^$ 1,060

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Studio

Multi-Family Home for sale in Cadillac, MI

for $169,900. This 913 square foot home was built in 1890 on a lot size of 0.33.

Prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots, providing convenient space for multiple vehicle parking. The main-level unit offers 3 bedrooms and 1 bathroom, while the upper-level unit includes 2 bedrooms and 1 bathroomÃ¢â¬âa functional setup for long-term rental demand. Unit 1 is currently vacant. Unit 2 is rented for $950 a month, tenant pays for all utilities. A clean, updated, and centrally located property like this is hard to find. Ideal for investors or owner-occupants looking to offset housing costs.

Multi-Family Active

Price

^$ 169,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,493

Style

Lot Size

0.33

Year Built

1890

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80064266

Features

General

Heating Wall Heat Forced Air

Cooling Wall/Window A/C

Possession Subject To Tenant Rights

Water Public Water

Appliances Range/Oven Refrigerator

Status Active Active

Year Built 1890

Subdivision City of Cadillac MI

County Wexford

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Clam Lake Twp

Section 33

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available

Structure Style 2 Story

Area Clam Lake Twp (83005)

Primary City Cadillac

Directions Mitchell St East on River to home on right.

City Cadillac

School District Cadillac Area Public Schools

Financial Terms Cash

Legal Description House-10-085-00-043-00=LOT 11 BLK 47 G A MITCHELLS PLAT OF SE 1/4 SEC. 33-22-9 CITY OF CADILLAC Vacant Lot-10-085-00-042-00=LOT 10 BLK 47 G A MITCHELLS PLAT OF SE 1/4 SEC. 33-22-9 CITY OF CADILLAC

DOM 2

Postal Code 49601

Price Per Sq Ft Total AG 186.09

Public Remarks Prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots

Exterior

Exterior Amenities Porch

Lot Size Area 0.33

Lot Dimensions 100x144

Water Features None

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Michelle Maidens

Listing Agent

Reo-Cadillac-233028

Broker

mmaidens@realestateone.com

Affordability Calculator

$1,184

Per Month

Monthly Principal & Interest: $1,060
Monthly Property Taxes: $124
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cadillac, MI

Average List Price ^$383,900

Percent of Sale Price 126%

About Cadillac, MI

10,600 Population

4% Since 2002

^$37,248 Median Income

38.02 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

854773 Elementary School

854772 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/10/2025	$169,900		Listed Price

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218 E River Street, Cadillac, MI, 49601 is a Multi-Family Home for sale at $169,900 with 913 sqft and a lot size of 0.33. 218 E River Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 49601 which is in Cadillac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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218 E River Street

Multi-Family Home for sale in Cadillac, MI

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