For sale

Price cut: $14K (3/6)

$285,000

1102 Chestnut St, Cadillac, MI 49601

8beds

4baths

2,929sqft

Est.:

Multi Family

Built in 1920

-- sqft lot

$277,800 Zestimate^®

$97/sqft

$-- HOA

What's special

Off-street parkingVinyl sidingArchitectural shinglesCorner lot locationSeparate kitchensPrivate entrances

Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,000/month + coin laundry income. Unit 1 is a spacious 3BR/1BA with basement & garage (1,263 sq ft). Units 2–4 include two 2BR units and one 1BR, ranging from 356–719 sq ft. All units have private entrances, separate kitchens, and full baths. Average monthly utility cost over the last 12 months is $558 (owner-paid). Vinyl siding, architectural shingles, and off-street parking. Corner lot location near Lake Cadillac, dining, and parks. City water/sewer, natural gas, great rental history. Don’t miss this opportunity to own a low-maintenance, income-producing asset in a high-demand area. One member of 1102 chestnut LLC is a licensed real estate agent in the State of Michigan.

6 days

1,107

59

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air, Natural Gas

Appliances

Included: Refrigerator, Oven/Range, Washer, Dryer

Features

Other, Cable TV, High Speed Internet
Basement: Full,Walk-Out Access,Finished Rooms,Egress Windows
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,929
Total interior livable area: 2,929 sqft

Property

Parking

Parking features: One Car

Accessibility

Accessibility features: None

Features

Patio & porch: Porch
Has view: Yes
View description: Seasonal View
Waterfront features: None

Lot

Size: 6,969.6 Square Feet
Dimensions: 132 x 54
Features: Landscaped

Details

Additional structures: None
Parcel number: 100750001400
Zoning description: Residential,Multi-Family

Construction

Type & style

Home type: MultiFamily
Architectural style: Apartment
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Frame, Masonite
Roof: Asphalt

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Subdivision: Lake View Add City Of Cadillac

Location

Region: Cadillac

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $108,451
Annual tax amount: $4,456
Price range: $285K - $285K
Date on market: 3/6/2026
Cumulative days on market: 6 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash,FHA,1031 Exchange
Ownership type: Private Owner
Lease term: Month To Month,12 Months
Total actual rent: 4000

Estimated market value

$277,800

$264,000 - $292,000

$1,233/mo

Price history

Date	Event	Price
3/6/2026	Price change	$285,000-4.7%$97/sqft
Source: NGLRMLS #1942746 Report a problem
7/8/2025	Listed for sale	$299,000+30%$102/sqft
Source: NGLRMLS #1936072 Report a problem
3/8/2024	Sold	$230,000-3.1%$79/sqft
Source: MichRIC #23142984 Report a problem
2/7/2024	Pending sale	$237,400$81/sqft
Source: RE/MAX of Michigan #23142984 Report a problem
2/7/2024	Contingent	$237,400$81/sqft
Source: MichRIC #23142984 Report a problem
1/18/2024	Price change	$237,400-5.8%$81/sqft
Source: MichRIC #23142984 Report a problem
11/24/2023	Listed for sale	$251,900+25.9%$86/sqft
Source: MichRIC #23142984 Report a problem
6/8/2021	Contingent	$200,000$68/sqft
Source: NGLRMLS #1887992 Report a problem
5/28/2021	Listed for sale	$200,000$68/sqft
Source: NGLRMLS #1887992 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,456 +4.5%	$105,600 +25%
2024	$4,266 +4.2%	$84,500 +18.8%
2023	$4,092 +50%	$71,100 +10.7%
2022	$2,729	$64,200 +11.8%
2021	--	$57,400 +1.8%
2020	$2,700	$56,400 +18.5%
2019	--	$47,600 +13.3%
2018	--	$42,000 -1.2%
2017	--	$42,500 +3.2%
2016	--	$41,200 -1.7%
2015	--	$41,900 +11.1%
2013	--	$37,700 +0.8%
2012	--	$37,400
2011	--	$37,400 -29.2%
2010	--	$52,800