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    Cadillac, MI Residential Income Properties for Sale

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    Boon, MI Romulus, MI Manton, MI
    14 listings
    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
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    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
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    Spacious Residential Property in Cadillac
    $399,900
    4,456 SF
    Spacious Residential Property in Cadillac

    Large home on 2.86 acres with potential for various uses.

    3821 S 39 Road, Cadillac, MI 49601

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    Fully Occupied Triplex with Rental Certificate
    $210,000
    2,314 SF
    Fully Occupied Triplex with Rental Certificate

    Recently updated, fully occupied triplex near downtown with six-car off-street parking and city rental certification.

    415 E Harris Street, Cadillac, MI 49601

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    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

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    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

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    Bi-Level Duplex Income Property
    $265,000
    Bi-Level Duplex Income Property

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

    Cadillac, MI 49601

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    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

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    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

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    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

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 14 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

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    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

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    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

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    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.

    Multifamily Land in Cadillac, MI
    $49,900
    0.84 Acres
    Multifamily Land in Cadillac, MI

    Nearly one acre parcel zoned multifamily in Cadillac, Michigan.

    330 POLLARD, Cadillac, MI 49601

    View details
    Cadillac Development Lot For Sale
    $150,000
    0.69 Acres
    Cadillac Development Lot For Sale

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

    208 Robertson Street, Cadillac, MI 49601

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    70 Acres Near Cadillac
    $450,000
    71.92 Acres
    70 Acres Near Cadillac

    70 acre property suitable for resort or residential development.

    0 BUSINESS US-131, Cadillac, MI 49601

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    Residential Lot Near Lake Cadillac
    Contact for pricing
    0.17 Acres
    Residential Lot Near Lake Cadillac

    Vacant lot near Lake Cadillac, suitable for building a new home.

    Lot 12 Pennsylvania Avenue, Cadillac, MI 49601

    View details

    Cadillac, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 14 residential income properties for sale in Cadillac, MI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 23,224 square feet of properties for sale, with an estimated market value of $2,227,800.

    Sale prices for residential income properties in Cadillac, MI start at $155,000, averaging $247,533, and reaching up to $399,900 — 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 14
    Duplexes 7
    Apartment buildings 3
    Quadplexes 2
    Single family properties 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 $230.9K

    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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