Cadillac, MI Multifamily Properties for Sale

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Updated: Aug 13

10-Unit Multifamily Portfolio

218 S COTTAGE STREET, Cadillac, MI 49601

$575,000

6,100 sqft

Three multifamily properties combined into one 10‑unit offering
9 of 10 units are currently leased
Properties located within three blocks of downtown Cadillac
Off‑street parking included across the rental properties
6,100 square feet of reported property size

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Updated: Aug 13

10-Unit Multifamily Property Package

314 E PINE, Cadillac, MI 49601

$575,000

6,100 sqft

Three multifamily properties with 10 rental units total
9 of 10 units currently leased
6,100 square feet listed property
Located within three blocks of downtown Cadillac
Off‑street parking available

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10-Unit Multifamily Portfolio

411 S SIMON STREET, Cadillac, MI 49601

$575,000

1,500 sqft

Three nearby rental properties offer a 90% leased multifamily package with off-street parking near downtown amenities.

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10-Unit Multifamily Portfolio

314 E Pine St, Cadillac, MI 49601

$575,000

1,650 sqft

Three nearby buildings combine rental inventory with off-street parking and access to downtown Cadillac amenities.

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Triplex Near Downtown Amenities

122 E RIVER STREET, Cadillac, MI 49601

$193,900

1,800 sqft

Three residential units form a compact multifamily property in a central Cadillac setting.

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Duplex with Two Separate Units

821 COTEY, Cadillac, MI 49601

$149,000

1,250 sqft

Duplex featuring a long-term occupied upper unit and a lower unit available for residential use.

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415 E Harris Street, Cadillac, MI 49601

$199,900

2,314 sqft 0.15 AC lot

Fully occupied triplex with a City of Cadillac rental certificate and tenant-paid electricity, plus separate unit entries.

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Three-Unit Apartment Building

1148 Mitchell Street, Cadillac, MI 49601

$300,000

1,652 sqft

Multi-family property with tenant-paid utilities included and centralized hot-water service for all apartments.

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Mixed-Use Retail and Residential Building

216 S Mitchell Street, Cadillac, MI 49601

$219,000

3,300 sqft 0.10 AC lot

Ground-floor retail space with two upstairs residential apartments in downtown Cadillac.

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10-Unit Apartment Property Package

218 Cottage Street, Cadillac, MI 49601

$575,000

0.34 AC lot

Three nearby rental properties provide off-street parking and established leasing history near downtown Cadillac.

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Three-Unit Triplex Property

122 E River St, Cadillac, MI 49601

$193,900

1,800 sqft

Central multifamily asset with established occupancy and access to downtown shopping, dining, parks, and everyday amenities.

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10-Unit Multifamily Property

314 E Pine Street, Cadillac, MI 49601

$575,000

0.14 AC lot

Three-property rental package with nine leased units, off-street parking, and downtown access.

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10-Unit Apartment Building Package

411 S Simon Street, Cadillac, MI 49601

$575,000

0.14 AC lot

Three nearby rental properties offer established occupancy, off-street parking, and convenient access to downtown Cadillac.

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Mixed-Use Downtown Building

S 216 S Mitchell Street Unit SourceFi, Cadillac, MI 49601

$219,000

3,300 sqft

Main-level commercial space with street visibility plus two upper-level residential apartments above.

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Bi-Level Duplex With Two 2-Bed Units

2897 S 39 Road, Cadillac, MI 49601

$265,000

1,700 sqft 1.00 AC lot

Residential bi-level duplex built in 2003 with two 2-bedroom, 1-bath units and multiple included appliances.

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10-Unit Multifamily Property Package

314 E PINE STREET, Cadillac, MI 49601

$575,000

Three nearby rental properties offer established occupancy, off-street parking, and convenient access to downtown Cadillac.

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10-Unit Multifamily Package

411 S Simon St #1, Cadillac, MI 49601

$575,000

Three nearby rental properties provide off-street parking and access to downtown shopping, dining, entertainment, and employment.

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10-Unit Apartment Property

218 COTTAGE STREET, Cadillac, MI 49601

$575,000

Three nearby rental properties provide a manageable multifamily package near downtown Cadillac.

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10-Unit Apartment Property Package

411 S Simon St 1, Cadillac, MI 49601

$575,000

Three nearby rental properties offer off-street parking and convenient access to downtown Cadillac.

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10-Unit Apartment Portfolio

411 S SIMON STREET, Cadillac, MI 49601

$575,000

Three nearby multifamily properties provide established rental units with off-street parking near downtown amenities.

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10-Unit Multifamily Portfolio

218 Cottage Street, Cadillac, MI 49601

$575,000

Three nearby rental properties offer established housing assets with off-street parking and access to downtown amenities.

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Well-Maintained Duplex Income Property

430 E Bremer St, Cadillac, MI 49601

$198,500

Professionally managed duplex with two rental units, including a main-floor 2BR/1BA and an updated upper 1BR/1BA.

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Turnkey Duplex with Off-Street Parking

810 E Division St, Cadillac, MI 49601

$185,000

Two 2-bedroom, 1-bath units share a basement with laundry and each unit has dedicated storage.

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Corner-Lot Duplex

615 Maple St, Cadillac, MI 49601

$199,900

Two separately configured rental units with shared laundry, private parking features, and updated major systems.

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Cadillac, MI Multifamily Properties Market Trends and Statistics

Explore 29 multifamily properties for sale in Cadillac, MI, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 32,466 square feet of properties for sale, with an estimated market value of $10,316,900.

Sale prices for multifamily properties in Cadillac, MI start at $149,000, averaging $382,107, and reaching up to $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +2.8%

Median Household Income $65,704

College Educated 33.9%

High-Yield Neighborhoods for Investment

Identify Cadillac submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49601	$382.1K

Taxes & Financing

Tax Rate (average for all types) 3.67%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wexford County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wexford County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Cadillac fall within the 10,000 to 25,000 square foot range.

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