122 E River Street Cadillac, MI ^$ 204,900

122 E River Street

^$ 204,900

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Recently Listed

122 E River Street

Cadillac, MI, 49601

^$ 204,900

Studio Baths0.0

Monthly Estimate*

^$ 1,294

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Studio

Multi-Family Home for sale in Cadillac, MI

for $204,900. This home was built in 1910 on a lot size of 0.17.

Don't miss this exceptional 3-unit income property located at 122 E. River Street in the heart of Cadillac. Situated in a highly desirable location close to downtown shopping, dining, parks, and local amenities, this property offers convenience that tenants appreciate and investors value. With a strong rental history and consistent occupancy, this multi-family property presents an excellent opportunity for both seasoned investors and those looking to expand their portfolio. Each unit offers comfortable living space, and the property's central location continues to attract long-term tenants. Whether you're seeking immediate cash flow or future value-add potential, this property checks all the boxes. Great location, proven income history, and endless possibilities make this a must-see investment.

Multi-Family Active

Price

^$ 204,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,455

Style

Lot Size

0.17

Year Built

1910

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80071200

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water

Appliances Dryer Range/Oven Refrigerator Washer

Status Active Active

Year Built 1910

Subdivision NONE MI

County Wexford

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Cadillac

Section 33

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Cadillac (83019)

Primary City Cadillac

Directions From downtown Cadillac take Mitchell street to E River. Home is on corner of E River and N Shelby

City Cadillac

School District Cadillac Area Public Schools

Financial Terms Cash

Legal Description LOT 9 BLK 46 G A MITCHELLS PLAT OF SE 1/4 SEC. 33-22-9 CITY OF CADILLAC

DOM 0

Postal Code 49601

Public Remarks Don't miss this exceptional 3-unit income property located at 122 E. River Street in the heart of Cadillac. Situated in a highly desirable location close to downtown shopping dining parks

Interior

Basement Partial

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Amenities Deck Patio Sidewalks

Lot Size Area 0.17

Lot Dimensions 50x144

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Amy Leach

Listing Agent

Coldwell Banker Schmidt-Cadillac

Broker

amy.leach@cbgreatlakes.com

Affordability Calculator

$1,582

Per Month

Monthly Principal & Interest: $1,294
Monthly Property Taxes: $288
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$344,791

Percent of Sale Price 68%

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
7/17/2026	$204,900		Listed Price

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122 E River Street, Cadillac, MI, 49601 is a Multi-Family Home for sale at $204,900 with a lot size of 0.17. 122 E River Street is a studio with 0.0 baths and was built in 1910. 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 6.49% 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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122 E River Street

Multi-Family Home for sale in Cadillac, MI

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