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    Cadillac, MI Multifamily Properties for Sale

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    Boon, MI Romulus, MI Manton, MI
    12 results
    Cadillac Redevelopment Opportunity on 3.54 Acres
    $169,900
    2,712 SF

    Cadillac Redevelopment Opportunity on 3.54 Acres

    534 Aldrich Street, Cadillac, MI 49601

    Value-add redevelopment opportunity in Cadillac, Michigan on 3.54 acres.

    • 3.54± acre site zoned RM‑1 Multiple‑Family Residential, allowing for diverse residential development options.
    • Value‑add redevelopment opportunity with potential for apartment conversion of the existing building.
    • Potential for future housing development on the vacant land.
    • Rezoning completed in 2025, facilitating apartment conversion.
    • Located on Aldrich and Wright Streets.
    Updated: Jan 28
    View details
    Two-Unit Bi-Level Duplex
    $265,000
    1,700 SF

    Two-Unit Bi-Level Duplex

    2897 S 39 Road, Cadillac, MI 49601

    Turnkey two 2-bedroom units with in-unit laundry, outdoor decks, and a long-held rental track record.

    • Income‑producing bi‑level duplex with two 2‑bedroom, 1‑bath units and a proven rental history
    • Currently generates $1,800/month in rental income
    • Includes two in‑unit washers, two dryers, two stoves, two refrigerators, and two dishwashers
    • Basement included; interiors feature storage space, breakfast nook, and foyer entrance
    • Outdoor space includes back decks, a new patio area, and recent landscaping improvements
    Updated: Jun 1
    View details
    Updated Triplex in Cadillac Historic District
    $215,000
    2,314 SF

    Updated Triplex in Cadillac Historic District

    Income-producing triplex near downtown Cadillac with strong rental history.

    415 E Harris Street, Cadillac, MI 49601
    View details
    Two-Unit Residential Income Property
    $155,000
    1,250 SF

    Two-Unit Residential Income Property

    Upper unit is occupied by a long-term tenant, while the lower unit offers an upgrade or move-in opportunity.

    821 COTEY, Cadillac, MI 49601
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    Turnkey Cadillac Investment Property
    $285,000
    2,929 SF

    Turnkey Cadillac Investment Property

    Four-unit property with strong cash flow near Lake Cadillac.

    1102 Chestnut Street, Cadillac, MI 49601
    View details
    Downtown Cadillac Mixed-Use Opportunity
    $229,000
    3,300 SF

    Downtown Cadillac Mixed-Use Opportunity

    Mixed-use building with commercial space and residential apartments in Cadillac.

    216 S Mitchell Street, Cadillac, MI 49601
    View details
    Turnkey Cadillac Investment Property
    $285,000
    1,263 SF

    Turnkey Cadillac Investment Property

    Four-unit property with strong cash flow near Lake Cadillac.

    1102 Chestnut St, Cadillac, MI 49601
    View details
    Updated Duplex Near Downtown Cadillac
    $169,900

    Updated Duplex Near Downtown Cadillac

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

    218 E River St, Cadillac, MI 49601
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    Downtown Cadillac Mixed-Use Opportunity
    $229,000

    Downtown Cadillac Mixed-Use Opportunity

    Mixed-use building with commercial space and residential apartments in Cadillac.

    216 S Mitchell St, Cadillac, MI 49601
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    Downtown Cadillac Mixed-Use Building
    $229,000

    Downtown Cadillac Mixed-Use Building

    Mixed-use building with commercial space and residential apartments.

    216 S Mitchell Street, Cadillac, MI 49601
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    Two-Unit Property with Garage
    $169,500

    Two-Unit Property with Garage

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

    316 E Bremer St, Cadillac, MI 49601
    View details
    Downtown Cadillac Mixed-Use Opportunity
    $229,000
    3,300 SF

    Downtown Cadillac Mixed-Use Opportunity

    Prime commercial building with residential income in downtown Cadillac.

    216 S Mitchell Street, Cadillac, MI 49601
    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 12 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.

    Completely Reimagined Duplex in Manton
    $299,900
    2,600 SF

    Completely Reimagined Duplex in Manton

    Updated duplex with flexible living options and income potential.

    701 W Main Street, Manton, MI 49663
    View details
    Lake City Multifamily Investment Opportunity
    $420,000
    4,880 SF

    Lake City Multifamily Investment Opportunity

    Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.

    1341 S Lakeshore Drive, Lake City, MI 49651
    View details
    Reimagined Duplex with Flexible Layout
    $349,900

    Reimagined Duplex with Flexible Layout

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

    701 W Main St, Manton, MI 49663
    View details
    Turnkey Multifamily with Expansion Potential
    $420,000
    2,448 SF

    Turnkey Multifamily with Expansion Potential

    Fully rented 8-unit apartment complex with development potential.

    Lake City, MI 49651
    View details

    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.

    RV Lot in Vista Green Resort
    $62,500
    0.07 Acres

    RV Lot in Vista Green Resort

    Premium RV lot with full hook-ups in resort community.

    Lot 83 Green Acres Drive, South Boardman, MI 49680
    View details
    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres

    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689
    View details
    Vista Green RV Resort Lot
    $62,500
    0.07 Acres

    Vista Green RV Resort Lot

    Premium RV lot in Vista Green Resort with full hookups.

    Lot 83 Green Park Dr, Vista Green RD, South Boardman, MI 49680
    View details
    Traverse City Land with Utilities
    $59,000
    0.52 Acres

    Traverse City Land with Utilities

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

    4866 Luanne Lane, Traverse City, MI 49685
    View details

    Cadillac, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 12 multifamily properties for sale in Cadillac, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 17,068 square feet of properties for sale, with an estimated market value of $1,572,900.

    Sale prices for multifamily properties in Cadillac, MI start at $160,000, averaging $224,700, and reaching up to $285,000 — 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

    Duplexes 5
    Apartment buildings 3
    Quadplexes 2
    Triplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    49601 $215.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.67%
    Average Loan-to-Value 65.0%

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