Cadillac, MI Multifamily properties for sale

Updated: Mar 14

Mixed-Use Retail and Residential Building

216 S Mitchell Street, Cadillac, MI 49601

$219,000

3,300 sqft 0.10 AC lot

Mitchell St mixed‑use building with main‑level commercial space and two income‑producing residential apartments on the upper level
Year built 1946 with block construction
Heating includes radiant heat; cooling offers central air
Roof materials include composition and rubber
Includes basement and three bathrooms (Bathroom 1, Bathroom 2, Bathroom 3)

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Updated: May 6

Updated, Fully Occupied Triplex

415 E Harris Street, Cadillac, MI 49601

$210,000

2,314 sqft 0.15 AC lot

Income‑producing triplex in Cadillac’s historic district, fully occupied with a City of Cadillac rental certificate valid through 9/23/2028.
Three separate tenant units: two 1‑bed/1‑bath units and one larger 2–3 bed/1‑bath unit.
Total gross monthly rent is $2,675, with room for increase noted in Unit 1.
Off‑street parking for six vehicles via alley access; each unit has a separate entry.
Utilities split by tenant/landlord: tenants pay electric; landlord pays gas, water, sewer, trash, lawn, and snow.

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Bi-Level Duplex with Two 2BR Units

2897 S 39 Road, Cadillac, MI 49601

$265,000

1,700 sqft 1.00 AC lot

Turnkey duplex with two 2-bedroom units, shared appliances, and outdoor decks, currently generating $1,800 per month.

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Updated Duplex Near Downtown Cadillac

218 E River St, Cadillac, MI 49601

$169,900

Well-maintained duplex with updated units, ideal for investors.

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Two-Unit Property with Garage

316 E Bremer St, Cadillac, MI 49601

$169,500

Two-unit property featuring long-term tenants, basement, yard, and garage.

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Bi-Level Duplex Income Property

Cadillac, MI 49601

$265,000

Bi-level duplex with two 2-bedroom units and in-unit appliances, designed for owner-occupancy or rental income.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Cadillac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Duplex with Unfinished Storage

701 W Main Street, Manton, MI 49663

$299,900

2,600 sqft 2.06 AC lot

Reimagined duplex with two bedrooms per level, full baths, kitchens, and an unfinished storage area for added flexibility.

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Turnkey 8-Unit Multifamily Property

1341 S Lakeshore Drive, Lake City, MI 49651

$420,000

4,880 sqft 2.11 AC lot

Fully rented 8-unit complex with on-site expansion options plus pool-house and storage space for additional income streams.

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Reimagined Duplex with Flexible Layout

701 W Main St, Manton, MI 49663

$299,900

Completely updated duplex, ideal for owner-occupants or multi-generational living.

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Turnkey Multifamily with Expansion Potential

Lake City, MI 49651

$420,000

2,448 sqft 2.11 AC lot

Fully rented 8-unit apartment complex with development potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Tippy Dam Lodge Retreat

1306 N Tippy Dam Road, Wellston, MI 49689

$999,900

22.24 AC lot

Unique lodge in Manistee National Forest with multiple buildings.

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Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000

0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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Private Campground Lot with Hookups

4537 Pine Run, Farwell, MI 48622

$41,500

0.75 AC lot

Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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Cadillac, MI Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Cadillac, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,314 square feet of properties for sale, with an estimated market value of $694,000.

Sale prices for multifamily properties in Cadillac, MI start at $210,000, averaging $231,333, and reaching up to $265,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49601	$227.9K

Neighborhood

Average Price

49601

$227.9K