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    Cadillac, MI
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    Cadillac, MI Residential Income Properties for Sale

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    Residential Income Property with 9 Bedrooms
    Updated: May 19
    Residential Income Property with 9 Bedrooms

    3821 S 39 Road, Cadillac, MI 49601

    $389,900
    4,456 sqft 2.86 AC lot
    2.86‑acre property just outside Cadillac
    9 bedrooms and 5 bathrooms, formerly operated as an adult foster care home (not currently licensed or operating)
    Numerous updates completed in 2025
    Addition constructed in 2009
    Covered porch plus garden area and 3 storage sheds
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    Updated, Fully Occupied Triplex
    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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    Mixed-Use Retail and Residential Building
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Downtown Building
    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 2BR Units
    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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    Development Land Parcel
    Development Land Parcel

    7801 S US-131, Cadillac, MI 49601

    $540,000
    12.00 AC lot

    12-acre parcel zoned residential near US-131 access, with a livable home and surrounding commercial and office/service uses.

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    Three-Property Multifamily Portfolio
    Three-Property Multifamily Portfolio

    218 Cottage St, Cadillac, MI 49601

    Contact for pricing
    13,700 sqft

    Package includes three multifamily properties totaling 10 units, with 9 currently leased and ample off-street parking.

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    Updated Duplex Near Downtown Cadillac
    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
    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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    Mixed-Use Retail Building
    Mixed-Use Retail Building

    216 S Mitchell Street, Cadillac, MI 49601

    $219,000

    Main-level storefront space with street visibility plus two residential apartments on the upper level.

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    Bi-Level Duplex Income Property
    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 19 Potential Opportunities for your consideration. Besides 11 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
    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
    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
    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
    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.

    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.

    Multi-Family Redevelopment Site
    Multi-Family Redevelopment Site

    534 Aldrich Street, Cadillac, MI 49601

    $169,900
    2,712 sqft 3.50 AC lot

    Two-parcel RM-1 zoned site with street frontage, positioned for apartment conversion and potential future residential development.

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    Cadillac Development Lot For Sale
    Cadillac Development Lot For Sale

    208 Robertson Street, Cadillac, MI 49601

    $150,000
    0.69 AC lot

    Paved, level lot suitable for multi-family, daycare, or office development.

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    Residential Home Lot with Lake View
    Residential Home Lot with Lake View

    Pennsylvania Avenue lot: 12, Cadillac, MI 49601

    Contact for pricing
    0.17 AC lot

    Level residential lot with limited trees and a view of Lake Cadillac from the back corner.

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    Improved Residential Building Lot
    Improved Residential Building Lot

    E M-55, Cadillac, MI 49601

    $49,900
    0.45 AC lot

    Residentially zoned wooded lot with utilities in place, including a well, municipal sewer, electric, and an existing driveway via easement.

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    Cadillac, MI Residential Income Properties Market Trends and Statistics

    Explore 11 residential income properties for sale in Cadillac, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 28,770 square feet of properties for sale, with an estimated market value of $2,666,300.

    Sale prices for residential income properties in Cadillac, MI start at $169,500, averaging $266,630, and reaching up to $540,000 — 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

    Multifamily properties 11
    Duplexes 9
    Single family properties 2
    Triplexes 1

    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 $241.2K

    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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