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Three-Unit Apartment Property
New
For Sale
$100,000
Pending

124 W Pine St, Cadillac, MI 49601

Two larger apartments accompany an efficiency unit in an as-is restoration project.

Property Size704 SF
Days on Market2

Property Features for 124 W Pine St

General Information

Standard status Pending
Size 704 SF
Property subtype Investment

Units

Unit Mix 2 x 2BR/1BA, 1 x efficiency
Multifamily Units 3

Building Details

Building Size 704 SF
Year Built 1930
Units 3
Listing Agency: REO-Cadillac-233028
Listed By: Patrick Vaughan
Source: Elliman
Added: Aug 5 Changed: Aug 6 Last Checked: Aug 6 at 8:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REO-Cadillac-233028

Investment Insights

Based on property information with market context.

Built in 1930, this Cadillac, Michigan property is configured as a three-unit apartment building. The layout includes two 2-bedroom, 1-bath apartments and one efficiency apartment. The property is offered as-is and requires TLC and restoration, providing a defined renovation project for a purchaser.

The property is located at 124 W Pine St near local businesses, shopping, dining, and City Park. Lake Cadillac is also nearby for outdoor recreation. Walk Score is 69, rated Somewhat Walkable, while Bike Score is 63, rated Bikeable.

Key Highlights

  • Three‑unit configuration with two 2‑bedroom, 1‑bath apartments and one efficiency apartment
  • Built in 1930
  • Being sold as‑is with TLC and restoration needed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Kitchen & Bath Showroom Storage Facility Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

792
Businesses Nearby

Demographics for 49601, MI

21,564
Population
10,734
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
220.0 sq mi
ZIP Area
98
Density / Sq Mi
$65,704
Median Household Income
$37,347
Median Earnings
$856
Median Rent
$166,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two larger apartments accompany an efficiency unit in an as-is restoration project.
Where is this triplex located?
The property is located at 124 W Pine St Cadillac, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Three‑unit configuration with two 2‑bedroom, 1‑bath apartments and one efficiency apartment; Built in 1930; Being sold as‑is with TLC and restoration needed
More about this property
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