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Three-Unit Apartment Property
New
For Sale
$225,000

320 Howard St, Cadillac, MI 49601

Three one-bedroom apartments are complemented by shared laundry, a detached garage, and lower-level storage.

Property SizeContact for details
Days on Market2

Property Features for 320 Howard St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Amenities

shared coin-operated laundry area
fenced backyard
lower-level storage

Building Details

Year Built 1950
Units 3
Listing Agency: The Mitten Real Estate Group
Listed By: Zack Duell
Source: Elliman
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 2 at 2:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mitten Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1950, this triplex contains three one-bedroom apartments, each with a living room, kitchen, and bathroom. The property is fully occupied and includes a shared coin-operated laundry area, lower-level storage, and a fenced backyard. A detached one-car garage is also available for tenant rental.

Key Highlights

  • Three one‑bedroom apartments, each with a living room, kitchen, and bathroom
  • Fully occupied property
  • Detached one‑car garage available for tenant rental

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

861
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
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three one-bedroom apartments are complemented by shared laundry, a detached garage, and lower-level storage.
Where is this triplex located?
The property is located at 320 Howard St Cadillac, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three one‑bedroom apartments, each with a living room, kitchen, and bathroom; Fully occupied property; Detached one‑car garage available for tenant rental
More about this property
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