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  • $575,000

    411 S Simon St APT 1, Cadillac, MI 49601

    6beds
    5baths
    --sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $562,500 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.
    13 days
    |
    120
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael McGuire 231-920-1571,

    Coldwell Banker Schmidt Cadillac 231-775-1737

    Source: MichRIC,MLS#: 26042024MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Forced Air
      Features
      • Basement: Full

      Property

      Parking
      • Total spaces: 6
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 59 x 100
      • Features: Sidewalk
      Details
      • Parcel number: 100820020300
      • Zoning description: res.

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Aluminum Siding, Vinyl Siding
      • Roof: Other
      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: $63,697
      • Annual tax amount: $3,999
      • Date on market: 8/11/2026
      • Listing terms: Cash,Contract,Tax Def Exchange
      • Tenant pays: Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $562,500

        $534,000 - $591,000

        $1,537/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$575,000
        Source: MichRIC #26042024 Report a problem

        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49601

        Getting around

        76 / 100
        Very Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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