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$575,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • Updated 1 day ago
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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.

Full Property Details for 218 Cottage St

General

  • Price: $575,000
  • Taxes: $3,426
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26040780
  • Updated: 8/5/2026
  • Added to Site: 2 day(s) ago

Parking

  • Total Spaces: 6

Location

  • County: Wexford
  • Cross Streets: S. Mitchell St and S. Lake St.
  • Driving Directions: From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simon Street house sits on the left. The other two properties please use GPS

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Cable Available: Yes
  • Utility Description: Cable Available, Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Aluminum Siding, Vinyl Siding
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Lot Dimensions: 99 x 150
  • Frontage: Paved
  • Lot Features: Level, Sidewalk
  • Zoning: res.

Financial Considerations

  • Tax Amount: $3,426
  • Terms: Cash, Contract, Tax-Deferred Exchange
  • Landlord Pays: Electricity, Water, Sewer
  • Tenant Pays: Trash

Disclosures and Reports

  • Legal Description: LOTS 6 & 7, BLK B COBBS & MITCHELLS ADD CITY OF CADILLAC
  • Property ID: 10-050-00-013-00

Listed by Coldwell Banker Schmidt Cadillac, Michael McGuire

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Listing agent

— 218 Cottage St —

  • Michael McGuire

    Coldwell Banker Schmidt Cadillac

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 218 Cottage St

School District:Cadillac Area Public Schools
NameGradesDistance
Franklin Elementary School, Cadillac, MI
505 Lester Street, Cadillac, MI 49601
PK-40.6 mi
Cadillac Junior High School
500 Chestnut Street, Cadillac, MI 49601
7-80.9 mi
Mackinaw Trail Middle School
8401 South Mackinaw Trail, Cadillac, MI 49601
5-62.1 mi
Cadillac Senior High School
400 Linden Street, Cadillac, MI 49601
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 218 Cottage St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2026
Listed
$575,000
8746.15%
MLS
9/27/2011
Sold
$6,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 218 Cottage St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,426
3%
$76,200
13%
2024
$3,331
4%
$67,400
8%
2023
$3,189
4%
$62,400
12%
2022
$3,060
-11%
$55,500
16%
2021
$3,431
57%
$48,000
-10%
2020
$2,179
—
$53,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Coldwell Banker Schmidt Cadillac, Michael McGuire

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218 Cottage Street, Cadillac, MI 49601 (MLS# 26040780) is a Single Family property with 0 bedrooms and 0 full bathrooms. 218 Cottage Street is currently listed for $575,000 and was received on August 05, 2026. Want to learn more about 218 Cottage Street? Do you have questions about finding other Single Family real estate for sale in Cadillac? You can browse all Cadillac real estate or contact a Coldwell Banker agent to request more information.

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