Active

$575,000

218 Cottage St, Cadillac, MI 49601

5beds

3baths

--sqft

$3,866/mo

Get pre-qualified

2 to 4 Units

Built in 1900

-- sqft lot

$559,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Ample off-street parking

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.

19 days

191

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Forced Air

Features

Basement: Crawl Space

Property

Parking

Total spaces: 6

Lot

Size: 0.34 Acres
Dimensions: 99 x 150
Features: Level, Sidewalk

Details

Parcel number: 100500001300
Zoning description: res.

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding, Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1900

Utilities & green energy

Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Cadillac

Financial & listing details

Tax assessed value: $54,560
Annual tax amount: $3,426
Date on market: 8/5/2026
Listing terms: Cash,Contract,Tax Def Exchange
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$559,500

$532,000 - $587,000

$1,334/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$575,000+786%
Source: MichRIC #26040780 Report a problem
10/2/2020	Sold	$64,900
Source: NGLRMLS #1878585 Report a problem
8/16/2020	Pending sale	$64,900
Source: RE/MAX Central #1878585 Report a problem
8/13/2020	Listed for sale	$64,900+549%
Source: RE/MAX Central #1878585 Report a problem
2/5/2013	Sold	$10,000+53.8%
Source: WWMLS #21105271 Report a problem
9/27/2011	Sold	$6,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,331 +4.5%	$67,400 +8%
2024	$3,189 +4.2%	$62,400 +12.4%
2023	$3,060 -10.8%	$55,500 +15.6%
2022	$3,431	$48,000 -10.3%
2021	--	$53,500 +21%
2020	$2,179	$44,200 +19.8%
2019	--	$36,900
2018	--	$36,900 -3.7%
2017	--	$38,300 +13%
2016	--	$33,900 +8%
2015	--	$31,400 -1.3%
2013	--	$31,800 -9.7%
2012	--	$35,200
2011	--	$35,200 -15.6%
2010	--	$41,700