513 Cayuga Bellaire, MI $ 439,900
513 Cayuga
$ 439,900
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513 Cayuga

Bellaire, MI, 49615
$ 439,900
Bedrooms-- Baths4.0 Sq 1,700

Monthly Estimate*

$ 3,038

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Multi-Family Home for sale in Bellaire, MI

for $439,900 with 4 full baths. This 1,700 square foot home was built in 1950 on a lot size of 0.34.

Prime Downtown Bellaire 4-Plex | Fully Occupied Turnkey Asset Exceptional, Rare In-Town Multi-Family Opportunity! 513 E Cayuga offers immediate, multi-stream rental yield within the Village of Bellaire. Situated on a 0.34-acre lot, this fully occupied four-plex features a balanced unit mix of two private 1-bedroom apartments and two efficient studio units, delivering immediate day-one cash flow. Tenants love the unbeatable location—just a short walk to downtown Bellaire’s vibrant core district, including Short’s Brewing Company and other local coffee shops and eateries, shopping, and walking path to Richardi Park. The property boasts dedicated off-street parking, a highly prized feature for in-town living that ensures effortless tenant attraction and long-term retention. With severe regional demand for year-round workforce housing and zero local multi-family inventory competition, this asset provides an investor with low vacancy risk, steady cash flow, and clear upside potential. Whether you are seeking a resilient addition to your portfolio or a high-yielding Northern Michigan income property, 513 E Cayuga offers reliable performance in an ideal setting.

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Multi-Family Active

Price

$ 439,900

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.34

Year Built

1950

Town/City

Bellaire

County/Region

Antrim

MLS | Web ID

1951979

Features
Interior
Interior Amenities High Speed Internet Cable TV
Basement Crawl Space
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Laundry Features Laundry Hook-up
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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General
Sewer Public Sewer
Heating Gravity Natural Gas
Cooling Electric
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator Oven/Range Disposal Exhaust Fan
Architectural Style Apartment
Construction Materials Frame Vinyl Siding
Pets Allowed true
Year Built 1950
Stories Count 2
Township Kearney
Levels Two
Property Subtype Multi Family
Waterfront Features None
Community Features Pets Allowed
Accessibility None
Assoc Fee Paid Per Annually
County Antrim
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Richardi Addition
Garage Y/N N
Other Structures None
Rent Includes Trash Collection
Status New
Directions Within Village of Bellaire on E Cayuga (aka M-88)
High School Bellaire Public High School
City Bellaire
High School District Bellaire Public Schools
Zoning Description Residential Multi-Family Commercial
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 14810.4
Carport Y/N N
Elementary School John R Rodger Elementary School
Home Warranty Y/N N
Middle/Junior High School Bellaire Middle School
Ok to Lease Month To Month
Lease Renewal Y/N Y
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Bellaire Public Schools
Elementary School District Bellaire Public Schools
Tax Assessed Value 57589
Tax Lot 16-17
Total Actual Rent 3175
Ownership Type Private Owner
Leasehold Rent $/Mo 850
Lease Amount Frequency Annually
Legal Description LOTS 16 AND 17 BLK B PLAT OF RICHARDI'S ADD TO THE VILL OF BELLAIRE
Freehold VOW BBO IDX
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Exterior
Exterior Amenities Sidewalk
Parking Features One Car
Water Source Public
Lot Size Area 0.34
Number of Buildings 1
Spa N
Lot Dimensions 100x150
Lot Size Acres 0.34
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Coldwell Banker Schmidt-Bellaire

Broker

(231) 676-3977

Phone

Affordability Calculator

$3,038
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,038
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5593177 Elementary School
5593176 Middle School
Bellaire Public High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$439,900 Listed Price

Map


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513 Cayuga, Bellaire, MI, 49615 is a Multi-Family Home for sale at $439,900 with 1,700 sqft and a lot size of 0.34. 513 Cayuga has 4.0 baths and was built in 1950. The property's zip code is 49615 which is in Bellaire, MI