10-Unit Apartment Property
For Sale
$575,000
218 Cottage Street, Cadillac, MI 49601
MULTI_FAMILY - Cadillac, MI
Property SizeContact for details
Lot Size0.34 Acres
Days on Market39
Property Features for 218 Cottage Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
res.
Bedrooms
5
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 5
Parking
6
Basement
Crawl Space
Lot features
Level, Sidewalk
Elementary school district
Cadillac
Middle school district
Cadillac
High school district
Cadillac
Directions
From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simon Street house sits on the left. The other two properties please use GPS
Standard status
Active
APN
10-050-00-013-00
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 6 & 7, BLK B COBBS & MITCHELLS ADD CITY OF CADILLAC
Tax Annual Amount
3426
Legal Description
LOTS 6 & 7, BLK B COBBS & MITCHELLS ADD CITY OF CADILLAC
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1900
Number of units
3
Building materials
Aluminum Siding, Vinyl Siding
Roof type
Composition
Listing Agency:
Coldwell Banker Schmidt Cadillac
(231) 775-1737
Listed By:
Michael McGuire · License #6501379230
(231) 920-1571
Added: Jun 29
Changed: Aug 5
Last Checked: Aug 6 at 8:06PM
MLS# 26040780
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily package includes three rental properties totaling 10 units, with 9 of 10 units leased. The properties are positioned close together for streamlined oversight and include off-street parking. Reported physical features include aluminum and vinyl siding, forced-air heating, composition roofs, and construction dating to 1900. The package occupies 0.34 acres and includes a variety of bedroom and bathroom layouts.
Located within three blocks of downtown Cadillac, the properties place residents near shopping, dining, entertainment, and employment opportunities. The portfolio is centered at 218 Cottage Street in Cadillac, Michigan, with cable available at the property. The unit count, current leasing status, and proximity of the buildings provide a concise multifamily configuration for buyers evaluating an established rental package.
Located within three blocks of downtown Cadillac, the properties place residents near shopping, dining, entertainment, and employment opportunities. The portfolio is centered at 218 Cottage Street in Cadillac, Michigan, with cable available at the property. The unit count, current leasing status, and proximity of the buildings provide a concise multifamily configuration for buyers evaluating an established rental package.
Key Highlights
- Three multifamily properties totaling 10 rental units
- 9 of 10 units currently leased
- Located within three blocks of downtown Cadillac
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three nearby rental properties provide off-street parking and established leasing history near downtown Cadillac.
Where is this apartment building located?
The property is located at 218 Cottage Street Cadillac, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three multifamily properties totaling 10 rental units; 9 of 10 units currently leased; Located within three blocks of downtown Cadillac
