Excellent investment opportunity! This well-maintained duplex offers two spacious 2-bedroom units in a prime corner-lot location at Maple and Evart, just blocks from Franklin Elementary school and the Hospital District. Its desirable location makes it an attractive option for long-term tenants and future medical professionals seeking convenient housing. Unit 1 features 2 bedrooms, 1.5 bathrooms, and shared access to a partial basement with laundry hookups, and its own detached one-stall garage. Unit 2 offers 2 bedrooms, 1 full bathroom, dedicated off-street parking, a private backyard, and shared basement laundry hookups. The property is served by a shared natural gas radiant heating system, while each unit has its own separate hot water heater. Seller pays for Trash, City Water/Sewer (approx. 75/mo) and Natural gas (approx 100/mo). Lawn maintenance and snowplowing/removal is the tenants responsiblity. This property has a strong rental history with reliable, long-term tenants—one occupying their unit for approximately 10 years and the other for 4 years—demonstrating the desirability and stability of this investment. Additional updates include a newer roof (within the past 5 years) and updated mechanical systems within the last 10 years. Come check out this nice investment property to either start or add to your Investment Portfolio.
Investment opportunity in Cadillac, Michigan. This property is currently set up as three units: two spacious 2-bedroom, 1-bath apartments, plus a cozy efficiency apartment. With a little TLC and restoration, this could become a great asset. The location is prime, just minutes away from local businesses, shopping, dining, and the popular City Park. Enjoy easy access to Lake Cadillac for outdoor activities. This property is being sold as-is, making it a perfect project for the savvy investor. Don't miss out on the potential this property offers in a desirable area. Schedule a showing today and explore the possibilities!
Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.
Courtesy: REO-Cadillac-233028
Michelle Maidens
Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.
Turnkey investment opportunity in the City of Cadillac! This fully professionally managed duplex (main-floor unit currently occupied) offers a solid addition to any investment portfolio. Both units feature 2 bedrooms and 1 full bathroom with comfortable, functional floor plans that appeal to a wide range of tenants. Residents enjoy access to a shared basement with laundry facilities and dedicated storage space for each unit. The oversized city lot provides abundant off-street parking—a valuable feature for a multi-family property. Conveniently located near downtown Cadillac, schools, shopping, restaurants, parks, and other local amenities, this property offers both convenience and strong rental appeal. Whether you're an experienced investor looking to grow your portfolio or searching for your first multi-family property, this duplex presents an excellent opportunity with immediate income potential and room for long-term appreciation.
Courtesy: REO-Cadillac-233028
Michelle Maidens
Turnkey investment opportunity in the City of Cadillac! This fully professionally managed duplex (main-floor unit currently occupied) offers a solid addition to any investment portfolio. Both units feature 2 bedrooms and 1 full bathroom with comfortable, functional floor plans that appeal to a wide range of tenants. Residents enjoy access to a shared basement with laundry facilities and dedicated storage space for each unit. The oversized city lot provides abundant off-street parkingâ€"a valuable feature for a multi-family property. Conveniently located near downtown Cadillac, schools, shopping, restaurants, parks, and other local amenities, this property offers both convenience and strong rental appeal. Whether you're an experienced investor looking to grow your portfolio or searching for your first multi-family property, this duplex presents an excellent opportunity with immediate income potential and room for long-term appreciation.
Courtesy: REO-Cadillac-233028
Michelle Maidens
Excellent investment opportunity in the City of Cadillac! This well-maintained duplex has been professionally managed and offers a great combination of updated living space and dependable rental potential. The main-floor unit features 2 bedrooms and 1 full bathroom with a spacious living area. The upper unit has been recently updated and offers 1 bedroom, 1 full bathroom, and a generously sized walk-in closet, creating an attractive space for tenants or owner occupancy. Conveniently located close to downtown Cadillac, shopping, restaurants, schools, parks, and all the amenities the city has to offer. Whether you're looking to add to your investment portfolio or begin your journey with an income-producing property, this duplex is one you won't want to miss!
Excellent investment opportunity in the City of Cadillac! This well-maintained duplex has been professionally managed and offers a great combination of updated living space and dependable rental potential. The main-floor unit features 2 bedrooms and 1 full bathroom with a spacious living area. The upper unit has been recently updated and offers 1 bedroom, 1 full bathroom, and a generously sized walk-in closet, creating an attractive space for tenants or owner occupancy. Conveniently located close to downtown Cadillac, shopping, restaurants, schools, parks, and all the amenities the city has to offer. Whether you're looking to add to your investment portfolio or begin your journey with an income-producing property, this duplex is one you won't want to miss!
Courtesy: Coldwell Banker Schmidt-Cadillac
Amy Leach
Don't miss this exceptional 3-unit income property located at 122 E. River Street in the heart of Cadillac. Situated in a highly desirable location close to downtown shopping, dining, parks, and local amenities, this property offers convenience that tenants appreciate and investors value. With a strong rental history and consistent occupancy, this multi-family property presents an excellent opportunity for both seasoned investors and those looking to expand their portfolio. Each unit offers comfortable living space, and the property's central location continues to attract long-term tenants. Whether you're seeking immediate cash flow or future value-add potential, this property checks all the boxes. Great location, proven income history, and endless possibilities make this a must-see investment.
Don't miss this exceptional 3-unit income property located at 122 E. River Street in the heart of Cadillac. Situated in a highly desirable location close to downtown shopping, dining, parks, and local amenities, this property offers convenience that tenants appreciate and investors value. With a strong rental history and consistent occupancy, this multi-family property presents an excellent opportunity for both seasoned investors and those looking to expand their portfolio. Each unit offers comfortable living space, and the property's central location continues to attract long-term tenants. Whether you're seeking immediate cash flow or future value-add potential, this property checks all the boxes. Great location, proven income history, and endless possibilities make this a must-see investment.
Courtesy: REO-Cadillac-233028
Patrick Vaughan
Discover this charming historical building in a prime location, currently configured as three one-bedroom, one-bathroom apartments. Each unit is well-maintained and clean, making it an attractive investment opportunity. All utilities are included for tenants, enhancing rental appeal. The property features efficient hot water heating and a well-maintained hot water tank servicing all units. With its large lot and zoning for special use, there are many potential commercial opportunities in this rapidly developing area. Most properties on Mitchell Avenue are commercial, making this a strategic choice for investors looking to transition or expand into the commercial market. This versatile property can meet a range of needs. Whether you are looking for a solid income-generating asset or exploring commercial development possibilities, this building offers great potential. Schedule a showing today to explore its possibilities.
Discover this charming historical building in a prime location, currently configured as three one-bedroom, one-bathroom apartments. Each unit is well-maintained and clean, making it an attractive investment opportunity. All utilities are included for tenants, enhancing rental appeal. The property features efficient hot water heating and a well-maintained hot water tank servicing all units. With its large lot and zoning for special use, there are many potential commercial opportunities in this rapidly developing area. Most properties on Mitchell Avenue are commercial, making this a strategic choice for investors looking to transition or expand into the commercial market. This versatile property can meet a range of needs. Whether you are looking for a solid income-generating asset or exploring commercial development possibilities, this building offers great potential. Schedule a showing today to explore its possibilities.
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See NGLR MLS # 1947288 and 1947339 for information on the two additional homes.
Courtesy: Coldwell Banker Schmidt Cadillac
Michael McGuire
231-920-1571
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See NGLR MLS # 1947288 and 1947339 for information on the two additional homes.
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
Courtesy: Coldwell Banker Schmidt-Cadillac
Mike McGuire
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS # 1947288 and 1947339 for information on the two additional homes.
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS # 1947288 and 1947339 for information on the two additional homes.
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS # 1947288 and 1947340 for additional information on the other two homes.
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS# 1947339 and 1947340 for information on the additional two homes.
Courtesy: Coldwell Banker Schmidt-Cadillac
Mike McGuire
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS# 1947339 and 1947340 for information on the additional two homes.
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
Courtesy: Coldwell Banker Schmidt Cadillac
Michael McGuire
231-920-1571
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
This income-producing duplex presents an exceptional opportunity for investors or owner-occupants seeking dependable income and long-term value. With a proven rental history and strong occupancy record, this property offers the flexibility to live in one unit while the other helps offset your mortgage—or continue collecting income from both units. Currently generating $1,800 per month in rental income, this property has had the same reliable tenants throughout the current ownership, known for paying on time and taking excellent care of the property. The bi-level duplex features two 2-bedroom, 1-bath units, each offering a comfortable layout with a living room and kitchen. Included are two washers, two dryers, two stoves, two refrigerators, and two dishwashers, making this a turnkey investment opportunity. All appliances have been consistently maintained and replaced as needed, reflecting the care given to the property over the years. Outdoor amenities add to the appeal with back decks ideal for grilling and relaxing, a new patio area, and recent landscaping improvements to enhance curb appeal. Seller updates also include freshly painted exterior doors, re-stained front and back decks, and a new hot water heater. The property offers ample parking with convenient access to both units, along with a backyard area to enjoy the peaceful surroundings. Located in a quiet country setting just minutes from Cadillac's North End, this property combines privacy and convenience. Tenants pay heat, electric, and internet, while landlord expenses are limited to taxes, insurance, and trash service, providing strong income potential from day one.
Courtesy: REMAX Central
Heather Root
2 unit property- each units has 2 bedrooms and 1 bath. Both units have long term tenants. Property has basement, nice size yard and a two car garage. Each unit has stove and refrigerator.
Courtesy: Five Star Real Estate - Mitchell St Cadillac
Stacy Zirkle
Excellent opportunity to own a recently updated, fully occupied, income-producing triplex in Cadillac’s historic district, just blocks from downtown and Lake Cadillac. All three units are tenant-occupied with strong rental history and a current City of Cadillac rental certificate. The property includes two 1-bedroom units and one larger unit with 2 to 3 bedrooms. Potential for future increases. Tenants pay electric; landlord covers gas, water, sewer, trash, lawn, and snow. Off-street parking is available for six vehicles via alley access. Each unit has separate entry and privacy, with shared hallway access for Units 1 and 2. Appliances vary by unit; full list available upon request. Total gross monthly rent is $2,675 with room for increase in Unit 1. Unit 1 is a 1 bed/1 bath unit renting at $775/month (MSHDA, month-to-month). Unit 2 is a 1 bed/1 bath recently updated unit renting at $950/month with a lease through 4/30/26. Unit 3 is a large 2â€"3 bed/1 bath unit renting at $950/month with a lease through 6/30/26. Unit 3 has electrical in the possible 3rd bedroom space, but no heat. Buyer to verify feasibility for use. Rental is certified with the City of Cadillacâ€"certificate valid through 9/23/2028. Unit 1 exclusions: 2 freezers, refrigerator, washer, and dryer. Unit 2: all appliances included. Unit 3: washer and dryer excluded. All other appliances in working order. Showings require 24â€"48 hours’ notice and are limited to qualified buyers with proof of funds or pre-approval. Leases available upon request.
Cadillac is located in Michigan. Cadillac, Michigan has a population of 10,317. Cadillac is less family-centric than the surrounding county with 23.27% of the households containing married families with children. The county average for households married with children is 27.5%.
The median household income in Cadillac, Michigan is $42,026. The median household income for the surrounding county is $54,114 compared to the national median of $69,021. The median age of people living in Cadillac is 39.7 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 33.5 inches per year, with 69.2 inches of snow per year.
