Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    234 Wright St Cadillac, MI 49601

    Sponsored
    For Sale
    $149,900

    Duplex (2 Story), Victorian - Cadillac, MI

    Property size:
    1,500 SF
    Lot size:
    0.11 Acres
    Days on Market:
    56
    Last Refresh:
    Jan 8 at 4:06 am

    Property Features for 234 Wright St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Kitchen, Living Room
    Parking
    2
    Interior features
    None
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    1,500 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Number of units
    2
    Roof type
    Metal
    Architectural style
    Victorian

    ERA Greater North Properties PC (231) 357-4673 [email protected]

    Listing agent Jilane Fenner (231) 779-8088

    Listing date Nov 14, 2025

    MLS# 1940506 Listing URL

    Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Duplex Near Downtown

    This income-producing two-unit apartment home is located close to downtown Cadillac and schools, within walking distance of Lake Cadillac, a grocery store, and restaurants. The property features a larger two-bedroom unit on the main level with access to a full basement, and a smaller two-bedroom unit on the upper level. A detached two-car garage is shared between the tenants, and a lawnmower is provided for the upper unit tenant to mow the lawn. The property has a newer steel roof, updated baths, and new carpet on the first floor. The landlord is responsible for the heat and water bill, while tenants pay for electric and gas hot water. The lot size is 0.11 acres and the property size is 1500 square feet. The property is zoned residential. The main level unit has a HUD lease until 8/31/2026, and the upper unit has a lease until 7/31/2026. A city certification was recently completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.408752
    Latitude
    44.256307

    Nearby Similar for Sale

    • $239,900
      2,314 SF

      Income-Producing Triplex in Cadillac Historic

      Fully occupied triplex in Cadillac's historic district, near downtown.
      415 E Harris St, Cadillac, MI 49601
      View Details
    • $850,000
      8,436 SF

      Cadillac Office Building on M-115

      Large office building in Cadillac West with flexible zoning.
      2604 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $350,000
      3,300 SF

      Iconic General Store with Renovated Apartment

      Established convenience store and restaurant with a renovated 4-bedroom apartment.
      2020 E 24 Rd, Cadillac, MI 49601
      View Details
    • $850,000
      8,436 SF

      Cadillac Office Building on M-115

      Large office building with 22 spaces in prime Cadillac location.
      2604 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $774,000
      5,136 SF

      Turnkey Restaurant with Waterfront Views

      Profitable restaurant with waterfront views and seating for over 5000.
      2403 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $845,000
      9,300 SF

      Operating Restaurant Business For Sale

      Fully renovated restaurant in Cadillac, MI, ready for new ownership.
      119 S Mitchell St, Cadillac, MI 49601
      View Details
    • $774,000
      5,136 SF

      Turnkey Restaurant with Waterfront Views

      Profitable restaurant with waterfront views and seating in Cadillac, MI.
      2403 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $1,590,000
      23,725 SF

      Self-Storage and Office Investment Opportunity

      Self-storage and office complex with long-term tenants in Cadillac, MI.
      1337 N Mitchell St, Cadillac, MI 49601
      View Details
    • $699,000
      6,850 SF

      Turnkey Business Opportunity in Cadillac

      Prime real estate with versatile business avenues in Downtown Cadillac.
      916 S Mitchell St, Cadillac, MI 49601
      View Details
    • $699,000
      6,850 SF

      Turnkey Restaurant and Event Center

      Prime real estate with restaurant, retail, and event center.
      916 S Mitchell St, Cadillac, MI 49601
      View Details
    • $2,484,000
      Pending

      Retail Center in Cadillac, MI

      Fully leased retail center with high traffic location and income potential.
      8826 E 34 Rd, Cadillac, MI 49601
      View Details
    • $299,900
      Pending

      Commercial Building with Drive-Through

      Move-in ready commercial building with ample parking and storage.
      150 Granite St, Cadillac, MI 49601
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit apartment near downtown and schools with leases in place.
    Where is this duplex located?
    The property is located at 234 Wright St Cadillac, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Income-producing 2-unit apartment home with leases in place until 2026.; - Convenient location: close to downtown, schools, Lake Cadillac, grocery store, and restaurants.; - Larger 2-bedroom main level unit with basement access.
    (231) 779-8088
    Request Owner's contact information
    234 Wright St Cadillac, MI 49601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    234 Wright St
    Cadillac, MI 49601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 Wright St Cadillac, MI 49601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.