218 Cottage Street Cadillac, MI ^$ 575,000

218 Cottage Street

^$ 575,000

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218 Cottage Street

Cadillac, MI, 49601

^$ 575,000

Studio Baths0.0

Monthly Estimate*

^$ 3,631

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Studio

Multi-Family Home for sale in Cadillac, MI

for $575,000. This home was built in 1900 on a lot size of 0.34.

Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,426

Style

Lot Size

0.34

Year Built

1900

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

70550445

Features

General

Heating Forced Air

Status Active Active

Year Built 1900

County Wexford

Class MULTIFAMILY

Type Multi-Family

Municipality Cadillac

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Cadillac (83019)

Primary City Cadillac

Directions From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simon Street house sits on the left. The other two properties please use GPS

City Cadillac

School District Cadillac Area Public Schools

Financial Terms Cash Exchange/Trade Land Contract

Legal Description LOTS 6 & 7 BLK B COBBS & MITCHELLS ADD CITY OF CADILLAC

DOM 38

Postal Code 49601

Public Remarks Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units** with 9 of 10 units currently leased. These well-established

Exterior

Exterior Aluminum Vinyl Siding

Frontage 99

Lot Size Area 0.34

Lot Dimensions 99 x 150

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Michael McGuire

Listing Agent

Coldwell Banker Schmidt Cadillac

Broker

mike.mcguire@cbgreatlakes.com

Affordability Calculator

$3,916

Per Month

Monthly Principal & Interest: $3,631
Monthly Property Taxes: $286
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 ^$271,893

Percent of Sale Price 53%

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
8/5/2026	$575,000		Listed Price

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218 Cottage Street, Cadillac, MI, 49601 is a Multi-Family Home for sale at $575,000 with a lot size of 0.34. 218 Cottage Street is a studio with 0.0 baths and was built in 1900. 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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218 Cottage Street

Multi-Family Home for sale in Cadillac, MI

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