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314 E Pine Street Cadillac, MI $ 575,000
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314 E Pine Street
$ 575,000
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314 E Pine Street

Cadillac, MI, 49601
$ 575,000
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 0.14.

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. See NGLR MLS # 1947288 and 1947339 for information on the two additional homes.

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Multi-Family Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,204

Style

2 to 4 Units

Lot Size

0.14

Year Built

1900

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

26042037
Features
General
Heating Forced Air
Utilities Cable Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Other
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1900
Tenant Pays Gas
Township Cadillac City
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Wexford
New Construction N
Property Type Multi Family
Status Active
Directions Please use GPS from downtown Cadillac
City Cadillac
High School District Cadillac
Zoning Description res
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 6098.0
Listing Terms Cash Contract Tax Def Exchange
Land Lease Y/N N
Tax Annual Amount 4204.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 68757
Legal Description W 1/2 LOT 4 BLK 26 MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Lot Features Level Sidewalk
Total Parking 6.0
Lot Size Area 0.14
Number of Buildings 1
Spa N
Lot Dimensions 59 x 100
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 314
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* Excluded Features
List By
Coldwell Banker Schmidt Cadillac

Broker

mike.mcguire@cbgreatlakes.com

Email

Affordability Calculator

$3,981
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$350
Monthly 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
251496 Elementary School
248905 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2026$575,000 Listed Price

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314 E Pine Street, Cadillac, MI, 49601 is a Multi-Family Home for sale at $575,000 with a lot size of 0.14. 314 E Pine 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

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