10-Unit Multifamily
For Sale
$575,000
411 S SIMON STREET, Cadillac, MI 49601
CADILLAC, MI
Property Size1,500 SF
Price / SF$383.33
Days on Market51
Property Features for 411 S SIMON STREET
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Subdivision
Cadillac
Standard status
Active
Size
1,500 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 19
Last Checked: Oct 2 at 1:06PM
MLS# 1947288
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 totaling 10 rental units, with 9 currently leased. The assets are established long-term rental properties and include ample off-street parking. One property is identified at 411 S Simon Street and was built in 1900; the listing reports 1,500 square feet for the property. The three buildings are positioned within three blocks of downtown Cadillac, placing shopping, dining, entertainment, and employment opportunities nearby. Their close proximity supports centralized oversight across the package. Additional property information is referenced under MLS numbers 1947339 and 1947340.
Key Highlights
- Three multifamily properties totaling 10 rental units
- 9 of 10 units currently leased
- Properties located 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 a 90% leased multifamily package with off-street parking near downtown amenities.
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 totaling 10 rental units; 9 of 10 units currently leased; Properties located within three blocks of downtown Cadillac
