10-Unit Apartment
For Sale
$575,000
218 COTTAGE STREET, Cadillac, MI 49601
CADILLAC, MI
Property SizeContact for details
Days on Market53
Property Features for 218 COTTAGE STREET
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Standard status
Active
Building Details
Year built
1900
Listing Agency:
Cadillac · Coldwell Banker Real Estate
(231) 775-1737
Listed By:
Michael McGuire · License #6501379230
(231) 920-1571
Added: Aug 13
Changed: Aug 19
Last Checked: Oct 4 at 11:06PM
MLS# 26040780
Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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 offering combines three multifamily properties at 218 Cottage Street in Cadillac, Michigan, with 10 rental units in total. Nine of the 10 units are currently leased, and the properties have an established long-term rental history. Ample off-street parking supports the residential configuration, while the close spacing of the buildings simplifies day-to-day oversight. The property record identifies a 1900 year built.
The portfolio is located within three blocks of downtown Cadillac, placing the units near shopping, dining, entertainment, and employment opportunities. The package offers a concentrated multifamily holding with all three properties positioned in the same immediate downtown area.
The portfolio is located within three blocks of downtown Cadillac, placing the units near shopping, dining, entertainment, and employment opportunities. The package offers a concentrated multifamily holding with all three properties positioned in the same immediate downtown area.
Key Highlights
- Three multifamily properties totaling 10 rental units
- 9 of 10 units currently leased
- Within three blocks of downtown Cadillac
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three nearby rental properties provide a manageable multifamily package 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; Within three blocks of downtown Cadillac
