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Cadillac, MI Multifamily Homes & Duplexes for Sale

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  • /37

    $299,000

    • 8 Beds
    • 4 Baths
    • 2,929 Sq Ft

    1102 Chestnut St, Cadillac, MI 49601

    Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,450/month + coin laundry income. Unit 1 is a spacious 3BR/1BA with basement & garage (1,263 sq ft). Units 2–4 include two 2BR units and one 1BR, ranging from 356–719 sq ft. All units have private entrances, separate kitchens, and full baths. Average monthly utility cost over the last 12

    KJ Sayer The Mitten Real Estate Group

    1102 Chestnut St, Cadillac, MI 49601
  • /64

    $259,900

    • 4 Beds
    • 3 Baths
    • 2,314 Sq Ft

    415 E Harris St, Cadillac, MI 49601

    Excellent opportunity to own a fully occupied, income-producing triplex in Cadillac’s historic district, just blocks from downtown and Lake Cadillac. All three units are tenant-occupied with strong rental history and a current City of Cadillac rental certificate. The property includes two 1-bedroom units and one larger unit with 2 to 3 bedrooms. Potential for future increases. Tenants pay

    Stacy Zirkle Five Star Real Estate - Mitchell St Cadillac

    415 E Harris St, Cadillac, MI 49601
  • /17

    $160,000

    • 2 Beds
    • 2 Baths
    • 1,260 Sq Ft

    821 Cotey St, Cadillac, MI 49601

    Great investment property that currently has both units occupied with good rental history. Perfect unit to add to your portfolio. Convenient to shopping, the lakes, and the industrial district makes this property a great investment. Recently passing city inspection. Showings to start Wednesday June 4th. You can start scheduling on Tuesday June 3rd as 24 hr. notice is required. Buyers and Buyers

    Rhonda VanderVelde Coldwell Banker Schmidt-Cadillac

    821 Cotey St, Cadillac, MI 49601
  • /23

    $599,900

    • Studio
    • 5,400 Sq Ft

    6444 Michigan 115, Cadillac, MI 49601

    Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and

    Michelle Maidens REO-Cadillac-233028

    6444 Michigan 115, Cadillac, MI 49601

Why Live in Cadillac

Cadillac, Michigan, located in the "up north" region known for its lakes and forests, offers a quieter alternative to the more crowded Traverse City. With a population of just over 10,000, Cadillac combines small-town charm with a robust industrial sector supporting year-round residents. The city features a diverse housing market, with homes built between 1900 and 2000, and modern condo units downtown. Outdoor attractions are a major draw, including Lake Cadillac and Lake Mitchell for boating and fishing, Mitchell State Park for camping, and Caberfae Peaks ski resort 15 miles away. Cadillac's downtown district, situated on Lake Cadillac's banks, is lined with vintage storefronts and hosts Cadillac Commons, a lakeside park with walking trails, a splash pad, and a farmers market. Festivals such as the Fourth of July celebration, Festival of the Arts, and Cadillac Beer Festival highlight local culture. Cadillac High School is famous for its association with the rock band KISS, commemorated by a monument. Winters are long and snowy, with temperatures often below freezing from November to April. Some properties may need water testing for PFAS contamination, though municipal water remains unaffected. Traverse City is 50 miles away, and Grand Rapids is 95 miles south, with U.S. Route 131 providing the fastest route to larger cities.

Home Trends in Cadillac, MI

Housing Trends

Median Sale Price
$230,000
Median Single Family Sale Price
$229,700
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$171
Number of Homes for Sale
81
Last 12 months Home Sales
578
Months of Supply
1.70
Median List Price
$249,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
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