For sale

Price cut: $25K (9/14)

$275,000

1148 S Mitchell St, Cadillac, MI 49601

3beds

3baths

1,652sqft

$2,016/mo

Get pre-qualified

Multi Family

Built in 1895

-- sqft lot

$-- Zestimate^®

$166/sqft

$-- HOA

What's special

Large lotEfficient hot water heating

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.

88 days
195
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Hot Water, Baseboard, Natural Gas

Appliances

Included: Refrigerator, Oven/Range, Gas Water Heater

Features

Drywall, Paneling, High Speed Internet
Flooring: Hardwood
Basement: Partial,Michigan Basement
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,652
Total interior livable area: 1,652 sqft

Property

Parking

Parking features: None

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1
Patio & porch: Porch
Waterfront features: None

Lot

Size: 0.5 Acres
Dimensions: 159 x 143

Details

Additional structures: None
Parcel number: 83100510010200
Zoning description: Multi-Family,Special Use

Construction

Type & style

Home type: MultiFamily
Architectural style: Apartment
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Frame, Wood Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1895

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Not Applicable
Water conservation: Not Applicable

Community & HOA

Community

Features: None
Security: Smoke Detector(s)
Subdivision: Cobbs and Mitchell

Location

Region: Cadillac

Financial & listing details

Price per square foot: $166/sqft
Tax assessed value: $53,436
Annual tax amount: $3,177
Price range: $275K - $275K
Date on market: 7/13/2026
Cumulative days on market: 89 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership type: Corporation
Lease term: 12 Months,Until Sold
Total actual rent: 2250
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,435/mo

Price history

Date	Event	Price
9/14/2026	Price change	$275,000-8.3%$166/sqft
Source: NGLRMLS #1947952 Report a problem
7/13/2026	Listed for sale	$300,000$182/sqft
Source: NGLRMLS #1947952 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,177 +4.5%	$106,500 +8.3%
2024	$3,041 +4.2%	$98,300 +29.5%
2023	$2,918 +2.7%	$75,900 +16.2%
2022	$2,842	$65,300 +1.2%
2021	--	$64,500 +4.9%
2020	$2,813	$61,500 +18%
2019	--	$52,100 +18.4%
2018	--	$44,000 +1.1%
2017	--	$43,500 +1.4%
2016	--	$42,900 +1.2%
2015	--	$42,400 -8.4%
2013	--	$46,300 -4.1%
2012	--	$48,300
2011	--	$48,300 -18.1%
2010	--	$59,000