For sale

$169,900

218 E River St, Cadillac, MI 49601

5beds

2baths

1,616sqft

$1,268/mo

Get pre-qualified

Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$105/sqft

$-- HOA

What's special

This is a prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots, providing convenient space for multiple vehicle parking. The main-level unit offers 3 bedrooms and 1 bathroom, while the upper-level unit includes 2 bedrooms and 1 bathroom—a functional setup for long-term rental demand. Main floor unit is currently rented, upstairs vacant but actively looking for a tenant. Very affordable opportunity to start building your real estate portfolio.

315 days
272
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air, Wall Furnace, Natural Gas

Appliances

Included: Refrigerator, Oven/Range
Laundry: Laundry Hook-up

Features

Entrance Foyer, Cable TV, High Speed Internet
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,616
Total interior livable area: 1,616 sqft

Property

Parking

Parking features: None

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Covered
Waterfront features: None

Lot

Size: 0.33 Acres
Dimensions: 100 x 144

Details

Additional structures: None
Parcel number: 100850004300/04200
Zoning description: Residential

Construction

Type & style

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

Materials

Frame, Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Subdivision: City of Cadillac

Location

Region: Cadillac

Financial & listing details

Price per square foot: $105/sqft
Tax assessed value: $71,000
Annual tax amount: $1,493
Price range: $169.9K - $169.9K
Date on market: 12/10/2025
Cumulative days on market: 308 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Lease term: Other
Total actual rent: 950

Estimated market value

Not available

Estimated sales range

Not available

$1,115/mo

Price history

Date	Event	Price
9/9/2026	Listed for sale	$169,900$105/sqft
Source: NGLRMLS #1941078 Report a problem
9/2/2026	Listing removed	$169,900$105/sqft
Source: NGLRMLS #1941078 Report a problem
12/10/2025	Listed for sale	$169,900+30.3%$105/sqft
Source: NGLRMLS #1941078 Report a problem
6/10/2024	Sold	$130,400+0.4%$81/sqft
Source: NGLRMLS #1921328 Report a problem
6/10/2024	Pending sale	$129,900$80/sqft
Source: NGLRMLS #1921328 Report a problem
4/19/2024	Listed for sale	$129,900+30%$80/sqft
Source: NGLRMLS #1921328 Report a problem
11/1/2021	Listing removed	--
Source: Real Estate One Report a problem
10/27/2021	Listed for sale	$99,900$62/sqft
Source: NGLRMLS #1893763 Report a problem
10/20/2021	Pending sale	$99,900$62/sqft
Source: NGLRMLS #1893763 Report a problem
10/6/2021	Listed for sale	$99,900+2%$62/sqft
Source: NGLRMLS #1893763 Report a problem
3/26/2021	Listing removed	--
Source: Real Estate One Report a problem
3/8/2021	Price change	$97,900-1.1%$61/sqft
Source: NGLRMLS #1880305 Report a problem
11/17/2020	Price change	$99,000-5.6%$61/sqft
Source: Real Estate One #1880305 Report a problem
9/27/2020	Listed for sale	$104,900$65/sqft
Source: Real Estate One #1880305 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,302 +4.5%	$62,400 +28.7%
2024	$1,247 +4.2%	$48,500 +20.9%
2023	$1,196 +2.7%	$40,100 +12.6%
2022	$1,165	$35,600 +12.3%
2021	--	$31,700 +1.9%
2020	$1,153	$31,100 +19.6%
2019	--	$26,000 +19.3%
2018	--	$21,800 +13.5%
2017	--	$19,200 +5.5%
2016	--	$18,200 +4.6%
2015	--	$17,400 +8.1%
2013	--	$16,100 +1.3%
2012	--	$15,900
2011	--	$15,900 -29%
2010	--	$22,400