122 E River St Cadillac, MI 49601
Cadillac AreaEstimated payment $1,385/month
Highlights
- Deck
- Shed
- Forced Air Heating System
- Patio
About This Home
Don't miss this exceptional 3-unit income property located at 122 E. River Street in the heart of Cadillac. Situated in a highly desirable location close to downtown shopping, dining, parks, and local amenities, this property offers convenience that tenants appreciate and investors value. With a strong rental history and consistent occupancy, this multi-family property presents an excellent opportunity for both seasoned investors and those looking to expand their portfolio. Each unit offers comfortable living space, and the property's central location continues to attract long-term tenants. Whether you're seeking immediate cash flow or future value-add potential, this property checks all the boxes. Great location, proven income history, and endless possibilities make this a must-see investment.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x144
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Oven or Range
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Interior Basement Entry
Outdoor Features
- Deck
- Patio
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Buildings
- 3 Units
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,478 | $82,300 | $0 | $0 |
| 2025 | $3,351 | $74,400 | $0 | $0 |
| 2024 | $22 | $70,400 | $0 | $0 |
| 2023 | $3,078 | $59,100 | $0 | $0 |
| 2022 | $3,078 | $52,900 | $0 | $0 |
| 2021 | $2,998 | $47,400 | $0 | $0 |
| 2020 | $2,967 | $46,100 | $0 | $0 |
| 2019 | $1,860 | $38,200 | $0 | $0 |
| 2018 | -- | $35,500 | $0 | $0 |
| 2017 | -- | $35,400 | $0 | $0 |
| 2016 | -- | $34,100 | $0 | $0 |
| 2015 | -- | $34,300 | $0 | $0 |
| 2013 | -- | $26,400 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2026 08/30/26 | Price Changed | $193,900 | -2.5% | $108 / Sq Ft | |
| 08/07/2026 08/07/26 | Price Changed | $198,900 | -2.9% | $111 / Sq Ft | |
| 07/17/2026 07/17/26 | For Sale | $204,900 | +104.9% | $114 / Sq Ft | |
| 06/28/2019 06/28/19 | Sold | $100,000 | -16.0% | $56 / Sq Ft | View Prior Sale |
| 05/24/2019 05/24/19 | Pending | -- | -- | -- | |
| 01/03/2019 01/03/19 | For Sale | $119,000 | -- | $66 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | Mid American Title Co |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1948144
APN: 10-085-00-025-00
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.
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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