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$575,000
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Property Description
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. See NGLR MLS # 1947288 and 1947339 for information on the two additional homes.
Full Property Details
Full Property Details for 314 E Pine St
General
- Price: $575,000
- Taxes: $4,204
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26042037
- Updated: 9/14/2026
- Added to Site: 63 day(s) ago
Parking
- Total Spaces: 6
Location
- County: Wexford
- Cross Streets: Park St
- Driving Directions: Please use GPS from downtown Cadillac
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: Other
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Dimensions: 59 x 100
- Frontage: Paved
- Lot Features: Level, Sidewalk
- Zoning: res
Financial Considerations
- Tax Amount: $4,204
- Terms: Cash, Contract, Tax-Deferred Exchange
- Landlord Pays: Electricity, Water, Sewer
- Tenant Pays: Gas
Disclosures and Reports
- Legal Description: W 1/2 LOT 4, BLK 26 MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC
- Property ID: 10-086-00-458-00
Listed by Coldwell Banker Schmidt Cadillac, Michael McGuire
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Schools
Schools serving 314 E Pine St
School District:Cadillac Area Public Schools
| Name | Grades | Distance |
|---|---|---|
Cadillac Junior High School 500 Chestnut Street, Cadillac, MI 49601 | 7-8 | 0.8 mi |
Mackinaw Trail Middle School 8401 South Mackinaw Trail, Cadillac, MI 49601 | 5-6 | 2.7 mi |
Cadillac Senior High School 400 Linden Street, Cadillac, MI 49601 | 9-12 | 0.9 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 314 E Pine St
Date
Details
Price
Change
Source
8/11/2026
Listed
$575,000
—
MLS
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
Tax History for 314 E Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,204
3%
$90,000
10%
2024
$4,088
4%
$82,000
10%
2023
$3,913
46%
$74,600
15%
2022
$2,684
65%
$64,700
10%
2021
$1,623
-28%
$58,900
4%
2020
$2,242
—
$56,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 E Pine St
314 E Pine Street, Cadillac, MI 49601 (MLS# 26042037) is a Single Family property with 0 bedrooms and 0 full bathrooms. 314 E Pine Street is currently listed for $575,000 and was received on August 11, 2026. Want to learn more about 314 E Pine 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.

