314 E Pine St Cadillac, MI 49601
Cadillac AreaEstimated payment $4,258/month
Highlights
- Very Popular Property
- Forced Air Heating System
- Satellite Dish
- Patio
About This Home
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,607
Year Built
- Built in 1900 | Remodeled in 1959
Home Design
- Poured Concrete
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 6,100 Sq Ft Home
- 2-Story Property
- Oven or Range
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Satellite Dish
Additional Features
- Patio
- 6,098 Sq Ft Lot
Listing and Financial Details
- Rent includes electricity, water, sewer
Community Details
Overview
- 10 Units
- Cobss & Mitchells Addition Subdivision
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 | $4,204 | $90,000 | $0 | $0 |
| 2025 | $4,088 | $82,000 | $0 | $0 |
| 2024 | $26 | $74,600 | $0 | $0 |
| 2023 | $2,684 | $64,700 | $0 | $0 |
| 2022 | $2,684 | $58,900 | $0 | $0 |
| 2021 | $1,623 | $56,800 | $0 | $0 |
| 2020 | $2,242 | $47,900 | $0 | $0 |
| 2019 | $2,205 | $46,400 | $0 | $0 |
| 2018 | -- | $49,200 | $0 | $0 |
| 2017 | -- | $37,400 | $0 | $0 |
| 2016 | -- | $36,700 | $0 | $0 |
| 2015 | -- | $36,000 | $0 | $0 |
| 2013 | -- | $31,300 | $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 |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $575,000 | 0.0% | $94 / Sq Ft | |
| 04/23/2026 04/23/26 | For Rent | $900 | 0.0% | -- | |
| 02/22/2021 02/22/21 | Sold | $122,000 | -6.1% | $61 / Sq Ft | View Prior Sale |
| 12/21/2020 12/21/20 | For Sale | $129,900 | -- | $65 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1947340
APN: 10-086-00-458-00
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Ask me questions while you tour the home.