$285,000

1102 Chestnut St Cadillac, MI 49601

Estimated payment $1,882/month

Total Views 4,115
-- Bed
4 Baths
2,929 Sq Ft
$97 Price per Sq Ft

Highlights

  • Seasonal View
  • Landscaped
  • Forced Air Heating System
  • Porch

About This Home

Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,000/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 $558 (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 Brokerage Phone: 231-735-4089 Listed on: 03/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 132x54
  • Landscaped

Home Design

  • Apartment
  • Asphalt Roof

Interior Spaces

  • 4 Bathrooms
  • 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 System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes trash collection, heating/cooling, electricity, water, sewer

Community Details

Overview

  • 4 Units
  • Lake View Add City Of Cadillac Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Community Features: None
  • Horses: No
  • Lot Features: Landscaped
  • Lot Size: 132x54
  • Has Spa?: No
  • View: Seasonal View
  • Has View?: Yes
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T431116
  • Subdivision Name: Lake View Add City Of Cadillac
  • Accessibility Features: None
  • Architectural Style: Apartment
  • Basement: Full, Walk-Out Access, Finished Rooms, Egress Windows
  • Has Fireplace?: No
  • Living Area: 2929
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Interior Amenities: Other, Cable TV, High Speed Internet
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Fireplace Features: None

Exterior Features

  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Frame, Masonite
  • Other Structures: None
  • Patio And Porch Features: Porch

Garage/Parking

  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: One Car

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Heating/Cooling, Electricity, Water, Sewer
  • Pets Allowed: false

Schools

  • Junior High Dist: Cadillac Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 6969.6
  • Zoning Description: Residential,Multi-Family

Rental Info

  • Lease Term: Month To Month,12 Months
  • Land Lease Amount: 1000

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 230.41
  • Insurance Expense: 125
  • Total Actual Rent: 4000
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $4,456 $105,600 $0 $0
2024 $29 $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 List to Sale Price per Sq Ft Prior Sale
03/06/2026 03/06/26 For Sale $285,000 +23.9% $97 / Sq Ft
03/08/2024 03/08/24 Sold $230,000 -3.1% -- View Prior Sale
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 View Prior Sale
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 --
Deed $176,000 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1942746

Northern Great Lakes REALTORS® MLS

APN: 10-075-00-014-00

Michigan Wexford County Cadillac 49601

1102 Chestnut St, Cadillac, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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KJ Sayer
Listing Agent
KJ Sayer
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The Mitten Real Estate Group
(231) 599-9723
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