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.
For sale
$575,000
218 S Cottage St, Cadillac, MI 49601
--beds
--baths
6,100sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Ample off-street parking
- 57 days |
- 69 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Mike McGuire 231-920-1571,
Coldwell Banker Schmidt-Cadillac 231-775-1737
Source: NGLRMLS,MLS#: 1947339
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range
Features
- Other, Cable TV
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,100
- Total interior livable area: 6,100 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Waterfront features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 59 x 100 others simila
Details
- Additional structures: None
- Parcel number: 100820020300 see remarks
- Zoning description: Residential,Multi-Family
- Other equipment: Dish TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Aluminum Siding, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & HOA
Community
- Features: None
- Subdivision: COBSS & MITCHELLS ADDITION
Location
- Region: Cadillac
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $190,206
- Annual tax amount: $13,607
- Price range: $575K - $575K
- Date on market: 6/29/2026
- Cumulative days on market: 57 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,1031 Exchange,Land Contract/PMM
- Ownership type: Private Owner
- Lease term: Month To Month
- Total actual rent: 8900
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,331/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $575,000$94/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49601
Nearby schools
GreatSchools rating
- 8/10Franklin Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Mackinaw Trail Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Cadillac Senior High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Cadillac Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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