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10-Unit Multifamily Property Package
New
For Sale
$575,000

314 E PINE STREET, Cadillac, MI 49601

MULTI_FAMILY - CADILLAC, MI

Property SizeContact for details
Days on Market2

Property Features for 314 E PINE 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
Listed By: Michael McGuire · License #6501379230
Added: Aug 13 Last Checked: Aug 14 at 3:06AM
MLS# 26042037

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 includes three rental properties containing 10 units in total, with 9 units currently leased. The assets are positioned as an established rental package with off-street parking and a shared location that supports streamlined oversight across the properties.

The properties are located within three blocks of downtown Cadillac, placing residents near shopping, dining, entertainment, and employment opportunities. Their proximity to one another and to the downtown area provides a straightforward operating profile for an owner seeking a concentrated multifamily portfolio.

Key Highlights

  • Three multifamily properties offered together
  • 10 rental units across the package
  • 9 of 10 units currently leased

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Kitchen & Bath Showroom Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) 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

835
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three nearby rental properties provide a manageable multifamily portfolio close to downtown amenities and employment.
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: Three multifamily properties offered together; 10 rental units across the package; 9 of 10 units currently leased
More about this property
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