10-Unit Apartment
New
For Sale
$575,000
218 S COTTAGE STREET, Cadillac, MI 49601
MULTI_FAMILY - CADILLAC, MI
Property Size6,100 SF
Price / SF$94.26
Days on Market7
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
(231) 775-1737
Listed By:
Michael McGuire · License #6501379230
(231) 920-1571
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 19 at 1:06PM
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 package includes three properties with 10 rental units and 6,100 square feet of total property size. Nine of the 10 units are currently leased. The buildings were constructed in 1900 and include ample off-street parking. Their close proximity creates a consolidated group of rental assets within the same local area.
The properties are located within three blocks of downtown Cadillac, placing tenants near shopping, dining, entertainment, and employment. The package consists of established long-term rental properties and offers a single acquisition comprising multiple nearby buildings. Additional property details are associated with MLS # 1947288 and MLS # 1947340.
The properties are located within three blocks of downtown Cadillac, placing tenants near shopping, dining, entertainment, and employment. The package consists of established long-term rental properties and offers a single acquisition comprising multiple nearby buildings. Additional property details are associated with MLS # 1947288 and MLS # 1947340.
Key Highlights
- Three multifamily properties totaling 10 rental units
- 9 of 10 units currently leased
- 6,100 SF total property size
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Three nearby rental properties offer off-street parking and access to downtown shopping, dining, entertainment, and employment.
Where is this apartment building 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 totaling 10 rental units; 9 of 10 units currently leased; 6,100 SF total property size
