$575,000

411 S Simon St Unit 1 Cadillac, MI 49601

Cadillac Area

Estimated payment $3,499/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • High Speed Internet

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.

Listing Agent

Mike McGuire

Coldwell Banker Schmidt Cadillac License #6501379230 Listed on: 08/11/2026

Coldwell Banker Schmidt Cadillac

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 59 x 100

Parking

  • 6 Parking Spaces

Home Design

  • Aluminum Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for electricity, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,999

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • General Property Info: Association YN: No
  • Mineral Rights:Mineral Rights: No
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: High Speed Internet, Cable Available
  • Lot Description:Lot Description: Sidewalk
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDQyMDI0IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTExVDIxOjUxOjI3LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.ZCtp58Mgj51Ru704n_04BJ1r2KN_Tolyq0AocpTzMfI/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 575000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Other

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 59 x 100
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: res.

Rental Info

  • Owner Pays: Electricity, Sewer, Trash Collection, Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3999.0
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/11/2026 08/11/26 For Sale $575,000 -- --
Source: MichRIC

Source: MichRIC

MLS Number: 26042024

MichRIC
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