$299,000

1102 Chestnut St Cadillac, MI 49601

Estimated payment $1,892/month

Total Views 1,331
8 Beds
4 Baths
2,929 Sq Ft
$102 Price per Sq Ft

Highlights

  • Popular Property
  • Porch
  • Landscaped
  • Seasonal View
  • Forced Air Heating and Cooling System

About This Home

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 months is ~$500 (owner-paid). Vinyl siding, architectural shingles, and off-street parking. Corner lot location near Lake Cadillac, dining, and parks. City water/sewer, natural gas, great rental history. Don’t miss this opportunity to own a low-maintenance, income-producing asset in a high-demand area. One member of 1102 chestnut LLC is a licensed real estate agent in the State of Michigan.

Listing Agent

KJ Sayer

The Mitten Real Estate Group License #6501429487 Listed on: 07/08/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 132x54
  • Landscaped
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2,929 Sq Ft Home
  • Seasonal Views
  • Oven or Range

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Lake View Add City Of Cadillac Community

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,883

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 4 - Plex
  • Style: Apartment
  • Estimated Year Built: 1920
  • Construction: Frame
  • Section Number: 1
  • Year Updated: 2025
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Price Per Sq Ft: 102.08
  • Range: R 9W
  • Total Finished Sf Apx: 2929

Exterior Features

  • Exterior Features: Seasonal View, Landscaped, Porch
  • Exterior Finish: Masonite
  • Foundation: Full, Walkout, Finished Rooms, Egress Windows
  • Number Of Acres: 0.16
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Monthly Electricity Expense: 181.76
  • Monthly Heat Expense: 155.33

Association/Amenities

  • Development Name: Lake View Add City Of Cadillac

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Lot Dimensions: 132x54
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Included In Lease: Trash Removal, Heating/Cooling, Electric, Water, Sewer
  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 4

MLS Schools

  • School District: Cadillac Area Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,883 $84,500 $0 $0
2023 $4,092 $71,100 $0 $0
2022 $4,092 $64,200 $0 $0
2021 $2,729 $57,400 $0 $0
2020 $2,700 $56,400 $0 $0
2019 $2,656 $47,600 $0 $0
2018 -- $42,000 $0 $0
2017 -- $42,500 $0 $0
2016 -- $41,200 $0 $0
2015 -- $41,900 $0 $0
2013 -- $37,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $299,000 +30.0% $102 / Sq Ft
03/08/2024 03/08/24 Sold $230,000 -3.1% --
02/07/2024 02/07/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $237,400 -5.8% --
11/24/2023 11/24/23 For Sale $251,900 +43.1% --
08/20/2021 08/20/21 Sold $176,000 -12.0% $62 / Sq Ft
05/28/2021 05/28/21 For Sale $200,000 -- $71 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $230,000 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1936072

Northern Great Lakes REALTORS® MLS

APN: 10-075-00-014-00