10-Unit Multifamily
For Sale
$575,000
314 E Pine Street, Cadillac, MI 49601
MULTI_FAMILY - Cadillac, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market45
Property Features for 314 E Pine Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
res
Bedrooms
6
Full bathrooms
3
Rooms
Bathroom 1, Basement, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2
Parking
6
Basement
Full
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
10-086-00-458-00
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 1/2 LOT 4, BLK 26 MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC
Tax Annual Amount
4204
Legal Description
W 1/2 LOT 4, BLK 26 MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE 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
Listing Agency:
Coldwell Banker Schmidt Cadillac
(231) 775-1737
Listed By:
Michael McGuire · License #6501379230
(231) 920-1571
Added: Jun 29
Changed: Aug 11
Last Checked: Aug 12 at 7:06AM
MLS# 26042037
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Investment Insights
Based on property information with market context.
This multifamily offering combines three rental properties with 10 units, including nine currently leased. The package includes the property at 314 E Pine Street, which sits on 0.14 acres and was built in 1900. Improvements feature aluminum and vinyl siding, forced-air heating, cable availability, basement space, six listed bedrooms, and three listed bathrooms.
The properties are located within three blocks of downtown Cadillac, placing shopping, dining, entertainment, and employment opportunities nearby. Their close physical proximity creates a consolidated rental portfolio in the same local market, while off-street parking serves the residential units. The offering includes two additional homes identified by NGLR MLS numbers 1947288 and 1947339.
The properties are located within three blocks of downtown Cadillac, placing shopping, dining, entertainment, and employment opportunities nearby. Their close physical proximity creates a consolidated rental portfolio in the same local market, while off-street parking serves the residential units. The offering includes two additional homes identified by NGLR MLS numbers 1947288 and 1947339.
Key Highlights
- 10 rental units across three multifamily properties; 9 of 10 units currently leased
- Located within three blocks of downtown Cadillac
- Off‑street parking included across the rental property package
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
835
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?
Multifamily property - Three-property rental package with nine leased units, off-street parking, and downtown access.
Where is this multifamily property located?
The property is located at 314 E Pine 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: 10 rental units across three multifamily properties; 9 of 10 units currently leased; Located within three blocks of downtown Cadillac; Off‑street parking included across the rental property package
