$169,900

218 E River St Cadillac, MI 49601

Cadillac Area

Estimated payment $1,047/month

Total Views 13,508
-- Bed
2 Baths
1,616 Sq Ft
$105 Price per Sq Ft

About This Home

This is a prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots, providing convenient space for multiple vehicle parking. The main-level unit offers 3 bedrooms and 1 bathroom, while the upper-level unit includes 2 bedrooms and 1 bathroom—a functional setup for long-term rental demand. Unit 1 is currently vacant. Unit 2 is rented for $950 a month, tenant pays for all utilities. A clean, updated, and centrally located property like this is hard to find. Ideal for investors or owner-occupants looking to offset housing costs.

Listing Agent

Michelle Maidens

REO-Cadillac-233028 Brokerage Phone: 231-878-8777 Listed on: 12/10/2025

REO-Cadillac-233028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,493

Year Built

  • Built in 1890

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 100x144

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1,616 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Oven or Range
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • City Of Cadillac Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,493

Year Built

Built in 1890

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Community Features: None
  • Horses: No
  • LotSizeAcres: 0.33
  • Lot Size: 100x144
  • Has Spa?: No
  • Has View?: No
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T233028
  • Subdivision Name: City of Cadillac
  • Accessibility Features: None
  • Basement: Crawl Space
  • Has Fireplace?: No
  • Unit Levels: Two
  • Living Area: 1616
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Cable TV, High Speed Internet
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range
  • Fireplace Features: None
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Hook-up
  • Heating: Forced Air, Wall Furnace, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Pets Allowed: false

Schools

  • Junior High Dist: Cadillac Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 14374.8
  • Zoning Description: Residential

Rental Info

  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 950
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1493
  • Tax Year: 2024

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

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
2025 $1,302 $62,400 $0 $0
2024 $8 $48,500 $0 $0
2023 $1,196 $40,100 $0 $0
2022 $1,196 $35,600 $0 $0
2021 $1,165 $31,700 $0 $0
2020 $1,153 $31,100 $0 $0
2019 $1,134 $26,000 $0 $0
2018 -- $21,800 $0 $0
2017 -- $19,200 $0 $0
2016 -- $18,200 $0 $0
2015 -- $17,400 $0 $0
2013 -- $16,100 $0 $0
Source: Public Records

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
12/10/2025 12/10/25 For Sale $169,900 +30.3% $105 / Sq Ft
06/10/2024 06/10/24 Sold $130,400 +0.4% $81 / Sq Ft View Prior Sale
06/10/2024 06/10/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $129,900 -- $80 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1941078

Northern Great Lakes REALTORS® MLS

APN: 10-085-00-043-00

Michigan Wexford County Cadillac 49601

218 E River 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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Michelle Maidens
Listing Agent
Michelle Maidens
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REO-Cadillac-233028
(231) 545-4604
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