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For sale
    • $575,000

    314 E Pine St, Cadillac, MI 49601

    --beds
    --baths
    6,100sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $568,800 Zestimate®
    $94/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.
    15 days
    |
    191
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike McGuire 231-920-1571,

    Coldwell Banker Schmidt-Cadillac 231-775-1737

    Source: NGLRMLS,MLS#: 1947340MLS Logo

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      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: 15 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

        $568,800

        $540,000 - $597,000

        $1,136/mo

        Price history

        DateEventPrice
        6/29/2026Listed for sale$575,000+371.3%$94/sqft
        Source: NGLRMLS #1947340 Report a problem
        6/21/2025Price change$900+16.1%
        Source: Zillow Rentals Report a problem
        6/1/2025Listed for rent$775+10.7%
        Source: Zillow Rentals Report a problem
        7/31/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/28/2023Listed for rent$700
        Source: Zillow Rentals Report a problem
        6/9/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/30/2023Listed for rent$700
        Source: Zillow Rentals Report a problem
        2/22/2021Sold$122,000-6.1%$20/sqft
        Source: NGLRMLS #1882857 Report a problem
        12/23/2020Contingent$129,900$21/sqft
        Source: NGLRMLS #1882857 Report a problem
        12/23/2020Listed for sale$129,900$21/sqft
        Source: Coldwell Banker Schmidt-Cadillac #1882857 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,088 +4.5%$82,000 +9.9%
        2024$3,913 +45.8%$74,600 +15.3%
        2023$2,684 +65.3%$64,700 +9.8%
        2022$1,623 $58,900 +3.7%
        2021-- $56,800 +18.6%
        2020$2,242 $47,900 +3.2%
        2019-- $46,400 -5.7%
        2018-- $49,200 +31.6%
        2017-- $37,400 +1.9%
        2016-- $36,700 +1.9%
        2015-- $36,000 +15%
        2013-- $31,300 -3.7%
        2012-- $32,500
        2011-- $32,500 -31.6%
        2010-- $47,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49601

        Getting around

        82 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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