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

Cadillac, MI, 49601
$ 575,000
Baths0.0 Sq 6,100

Monthly Estimate*

$ 3,631

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Studio

Multi-Family Home for sale in Cadillac, MI

for $575,000. This 6,100 square foot 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.

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Multi-Family Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,607

Style

Lot Size

0.14

Year Built

1900

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

1947340

Features
Interior
Interior Amenities Other Cable TV
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator Oven/Range
Patio/Porch Features Patio
Construction Materials Frame Aluminum Siding Vinyl Siding
Pets Allowed false
Year Built 1900
Stories Count 2
Township Cadillac
Levels Two
Property Subtype Multi Family
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Wexford
New Construction N
Property Type Residential Income
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name COBSS & MITCHELLS ADDITION
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures None
Rent Includes Electricity Water Sewer
Status Active
Directions From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simons Street house sits on the left. The other two properties please use GPS
City Cadillac
High School District Cadillac Area Public Schools
Zoning Description Residential Multi-Family
Number Of Units Total 10
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N N
Tax Annual Amount 13607
Electric Expense 11000
Home Warranty Y/N N
Ok to Lease Month To Month
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cadillac Area Public Schools
Elementary School District Cadillac Area Public Schools
Tax Assessed Value 190206
Total Actual Rent 8900
Ownership Type Private Owner
Leasehold Rent $/Mo 3150
Lease Amount Frequency Annually
Legal Description Simon street N 59 FT OF LOTS 1 & 2 BLK 22 G A MITCHELLS PLAT OF NW 1/4 SEC 3-21-9 CITY OF CADILLAC pine street-W 1/2 LOT 4 BLK 26 MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC L
Year Built Effective 1959
Freehold IDX
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Exterior
Parking Features None
Water Source Public
Lot Size Area 0.14
Foundation Details Poured Concrete
Number of Buildings 1
Spa N
Lot Dimensions 59 x 100 others simila
Lot Size Acres 0.14
Road Surface Type Asphalt
Waterfront Y/N N
Other Equipment Dish TV
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Coldwell Banker Schmidt-Cadillac

Broker

(231) 920-1571

Phone

Affordability Calculator

$4,765
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$1,134
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2034357 Elementary School
2034358 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$575,000 Listed Price

Map


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314 E Pine, Cadillac, MI, 49601 is a Multi-Family Home for sale at $575,000 with 6,100 sqft and a lot size of 0.14. 314 E Pine is a studio with 0.0 baths and was built in 1900. The property's zip code is 49601 which is in Cadillac, MI