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Duplex with Available Lower Unit
For Sale
$149,000

821 COTEY, Cadillac, MI 49601

CADILLAC, MI

Property Size1,250 SF
Price / SF$119.20
Days on Market8

Property Features for 821 COTEY

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Subdivision Cadillac
Standard status Active
Size 1,250 SF

Building Details

Year built 1900
Listing Agency: Cadillac · Coldwell Banker Real Estate
Listed By: Rhonda VanderVelde
Added: Aug 13 Changed: Aug 19 Last Checked: Aug 20 at 10:06PM
MLS# 1944708

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 duplex contains 1,250 square feet and was built in 1900. The upper residence has been occupied by the same tenant for more than 30 years, while the lower unit is available for a new occupant or leasing plan.

The property is located at 821 Cotey in Cadillac, Michigan, within Wexford County. Its two-unit configuration provides an existing occupancy history in one residence alongside an available second unit.

Key Highlights

  • Two‑unit property totaling 1,250 square feet
  • Built in 1900
  • Upper unit has had the same tenant for over 30 years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Home Appliance 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

457
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with an established upper-unit tenant and flexibility for the lower unit.
Where is this duplex located?
The property is located at 821 COTEY Cadillac, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑unit property totaling 1,250 square feet; Built in 1900; Upper unit has had the same tenant for over 30 years
More about this property
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