10-Unit Multifamily
For Sale
$575,000
411 S Simon Street, Cadillac, MI 49601
Multi Family, Cadillac, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market121
Property Features for 411 S Simon Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
res.
Bedrooms
6
Full bathrooms
5
Rooms
Bathroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3, Basement, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1
Parking
6
Basement
Full
Lot features
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. For the other two properties please use GPS.
Standard status
Active
APN
10-082-00-203-00
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 59 FT OF LOTS 1 & 2 BLK 22 G A MITCHELLS PLAT OF NW 1/4 SEC 3-21-9, CITY OF CADILLAC
Tax Annual Amount
3999
Legal Description
N 59 FT OF LOTS 1 & 2 BLK 22 G A MITCHELLS PLAT OF NW 1/4 SEC 3-21-9, CITY OF CADILLAC
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1900
Number of units
4
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 8
Changed: Sep 16
Last Checked: Oct 6 at 2:06AM
MLS# 26042024
Copyright © 2026 Michigan Regional Information Center, LLC. 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 separate properties with 10 rental units, of which 9 are leased. The buildings date to 1900 and feature aluminum and vinyl siding, forced-air heating, and basement space. Cable service is available, and the properties include multiple bedrooms and bathrooms across the portfolio.
The properties are positioned within three blocks of downtown Cadillac in Wexford County, placing shopping, dining, entertainment, and employment destinations nearby. Their close grouping supports centralized oversight, while off-street parking serves the rental units. The offering combines an established rental configuration with a location near the city center.
The properties are positioned within three blocks of downtown Cadillac in Wexford County, placing shopping, dining, entertainment, and employment destinations nearby. Their close grouping supports centralized oversight, while off-street parking serves the rental units. The offering combines an established rental configuration with a location near the city center.
Key Highlights
- Three multifamily properties with 10 rental units
- 9 of 10 units currently leased
- Within three blocks of downtown Cadillac
Property Analytics
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Current Use
Lease Details
10
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
861
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three nearby rental properties offer off-street parking and established occupancy near downtown Cadillac.
Where is this multifamily property located?
The property is located at 411 S Simon 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 with 10 rental units; 9 of 10 units currently leased; Within three blocks of downtown Cadillac
