This income-producing duplex presents an exceptional opportunity for investors or owner-occupants seeking dependable income and long-term value. With a proven rental history and strong occupancy record, this property offers the flexibility to live in one unit while the other helps offset your mortgage—or continue collecting income from both units. Currently generating $1,800 per month in rental income, this property has had the same reliable tenants throughout the current ownership, known for paying on time and taking excellent care of the property. The bi-level duplex features two 2-bedroom, 1-bath units, each offering a comfortable layout with a living room and kitchen. Included are two washers, two dryers, two stoves, two refrigerators, and two dishwashers, making this a turnkey investment opportunity. All appliances have been consistently maintained and replaced as needed, reflecting the care given to the property over the years. Outdoor amenities add to the appeal with back decks ideal for grilling and relaxing, a new patio area, and recent landscaping improvements to enhance curb appeal. Seller updates also include freshly painted exterior doors, re-stained front and back decks, and a new hot water heater. The property offers ample parking with convenient access to both units, along with a backyard area to enjoy the peaceful surroundings. Located in a quiet country setting just minutes from Cadillac's North End, this property combines privacy and convenience. Tenants pay heat, electric, and internet, while landlord expenses are limited to taxes, insurance, and trash service, providing strong income potential from day one.
For sale
$265,000
2897 S 39th Rd, Cadillac, MI 49601
4beds
2baths
1,700sqft
Est.: Get pre-qualified
Multi Family
Built in 2003
-- sqft lot
$260,900 Zestimate®
$156/sqft
$-- HOA
What's special
Bi-level duplexFreshly painted exterior doorsNew patio area
- 1 day |
- 375 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Tamara McLeod-Helsel 231-920-6422,
City2Shore Real Estate Northern Michigan 231-839-0077
Source: NGLRMLS,MLS#: 1945941
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Wall Furnace, Natural Gas
Cooling
- Electric
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, All Units the Same, Exhaust Fan, Electric Water Heater
Features
- Storage, Breakfast Nook, Entrance Foyer, Drywall, Other, Ceiling Fan(s), Cable TV, High Speed Internet
- Windows: Blinds, Drapes, Curtain Rods
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Patio & porch: Deck, Patio, Porch
- Exterior features: Rain Gutters
- Has spa: Yes
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 1 Acres
- Dimensions: 130 x 332
Details
- Additional structures: None
- Parcel number: 2209173313
- Zoning description: Residential
- Wooded area: 30
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, 2x6 Framing, Vinyl Siding
- Foundation: Wood
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Cadillac
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $83,090
- Annual tax amount: $4,053
- Price range: $265K - $265K
- Date on market: 6/1/2026
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan
- Ownership type: Private Owner
- Lease term: Month To Month,12 Months
- Total actual rent: 1800
- Road surface type: Asphalt
Estimated market value
$260,900
$248,000 - $274,000
$1,957/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $265,000+42.1%$156/sqft |
Source: | ||
| 12/23/2023 | Listing removed | -- |
Source: | ||
| 12/22/2021 | Sold | $186,500-6.7%$110/sqft |
Source: | ||
| 11/10/2021 | Contingent | $199,900$118/sqft |
Source: | ||
| 11/3/2021 | Listed for sale | $199,900+81.7%$118/sqft |
Source: | ||
| 4/8/2019 | Sold | $110,000-4.3%$65/sqft |
Source: | ||
| 11/13/2018 | Listed for sale | $114,900$68/sqft |
Source: ERA Greater North Properties #1854960 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,939 +4.6% | $127,500 +47.6% |
| 2024 | $3,764 +4% | $86,400 +7.5% |
| 2023 | $3,619 +27.3% | $80,400 +10% |
| 2022 | $2,844 | $73,100 +27.8% |
| 2021 | -- | $57,200 +1.4% |
| 2020 | $2,811 | $56,400 +14.6% |
| 2019 | -- | $49,200 +21.8% |
| 2018 | -- | $40,400 -27.7% |
| 2017 | -- | $55,900 +0.7% |
| 2016 | -- | $55,500 +0.9% |
| 2015 | -- | $55,000 +15.3% |
| 2013 | -- | $47,700 +2.6% |
| 2012 | -- | $46,500 |
| 2011 | -- | $46,500 -3.5% |
| 2010 | -- | $48,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 49601
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 2.9 mi
- 7/10Mackinaw Trail Middle SchoolGrades: 6-8Distance: 5.9 mi
- 6/10Cadillac Senior High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- District: Cadillac Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Michigan
- Wexford County
- Cadillac
- 49601
- 2897 S 39th Rd




