Search
10-Unit Multifamily Portfolio
For Sale
$575,000

218 S COTTAGE STREET, Cadillac, MI 49601

CADILLAC, MI

Property Size6,100 SF
Price / SF$94.26
Days on Market55

Property Features for 218 S COTTAGE STREET

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Subdivision Cadillac
Standard status Active
Size 6,100 SF

Building Details

Year built 1900
Listing Agency: Cadillac · Coldwell Banker Real Estate
Listed By: Michael McGuire · License #6501379230
Added: Aug 13 Changed: Aug 19 Last Checked: Oct 6 at 4:06AM
MLS# 1947339

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 multifamily offering combines three rental properties with a total of 10 units, including 9 units that are currently leased. The properties are positioned as long-term residential rentals and include off-street parking. Their close physical proximity supports centralized oversight across the portfolio.

The group is located within three blocks of downtown Cadillac, placing residents near shopping, dining, entertainment, and employment opportunities. The address provided is 218 S Cottage Street in Cadillac, Michigan, and the property record identifies a 1900 construction year.

The offering includes 6,100 square feet of property size as reported in the listing data. Additional MLS references identify the other two homes in the three-property package.

Key Highlights

  • Three multifamily properties combined into one 10‑unit offering
  • 9 of 10 units are currently leased
  • Properties located within three blocks of downtown Cadillac

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

MoreLessDogGrooming Pet Grooming Service

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Big Box & Wholesale Store

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

10
Residential units
90%
Occupancy

Location Intelligence

Trade Area within ½ mile

776
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Nine of the ten units are currently leased across this operating rental portfolio.
Where is this multifamily property located?
The property is located at 218 S 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 combined into one 10‑unit offering; 9 of 10 units are currently leased; Properties located within three blocks of downtown Cadillac
More about this property
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
Why this one?
Saved
Reason not saved — we won't ask again