Cadillac, MI Residential Income 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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Updated Triplex with Parking

415 E Harris Street, Cadillac, MI 49601

$199,900

2,314 sqft 0.15 AC lot

Fully occupied three-unit property with separate entrances, alley access, and a current municipal rental certificate.

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Well-Maintained Duplex Income Property

430 E Bremer St, Cadillac, MI 49601

$198,500

1,284 sqft

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

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Mixed-Use Building with Apartments

216 S Mitchell Street, Cadillac, MI 49601

$219,000

3,300 sqft 0.10 AC lot

Main-level commercial space is paired with two upper-level residential apartments.

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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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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 Package

218 Cottage Street, Cadillac, MI 49601

$575,000

0.34 AC lot

Three nearby apartment properties provide off-street parking and established rental operations within three blocks of downtown Cadillac.

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Multifamily Rental Portfolio

314 E Pine Street, Cadillac, MI 49601

$575,000

0.14 AC lot

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

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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 Multifamily Portfolio

411 S Simon Street, Cadillac, MI 49601

$575,000

0.14 AC lot

Three nearby rental properties offer off-street parking and established occupancy near downtown Cadillac.

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Bi-Level Duplex with Decks

2897 S 39 Road, Cadillac, MI 49601

$265,000

1,700 sqft 1.00 AC lot

Two matching units feature living rooms, kitchens, and separate laundry appliances.

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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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Residential Income Property with 9 Bedrooms

3821 S 39 Road, Cadillac, MI 49601

$359,900

4,456 sqft 2.86 AC lot

Single property with 9 bedrooms and 5 bathrooms on 2.86 acres, with updates completed in 2025.

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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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Development Parcel with Existing Home

7801 S US-131, Cadillac, MI 49601

$540,000

1,236 sqft 12.00 AC lot

12-acre parcel for commercial development with a livable 1,860 sq ft home and potential zoning change.

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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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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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Updated Historic-District Triplex

415 E Harris St, Cadillac, MI 49601

$199,900

Fully occupied units carry a current City of Cadillac rental certificate.

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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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Cadillac, MI Residential Income Properties Market Trends and Statistics

Explore 28 residential income properties for sale in Cadillac, MI, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 37,202 square feet of properties for sale, with an estimated market value of $11,202,800.

Sale prices for residential income properties in Cadillac, MI start at $149,000, averaging $400,100, 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	$396.7K

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

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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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