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For sale
  • $265,000

    2897 S 39th Rd, Cadillac, MI 49601

    4beds
    2baths
    1,700sqft
    : 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
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tamara McLeod-Helsel 231-920-6422,

    City2Shore Real Estate Northern Michigan 231-839-0077

    Source: NGLRMLS,MLS#: 1945941MLS Logo

    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

      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
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        Estimated market value

        $260,900

        $248,000 - $274,000

        $1,957/mo

        Price history

        DateEventPrice
        6/1/2026Listed for sale$265,000+42.1%$156/sqft
        Source: NGLRMLS #1945941 Report a problem
        12/23/2023Listing removed--
        Source: NGLRMLS #1894731 Report a problem
        12/22/2021Sold$186,500-6.7%$110/sqft
        Source: NGLRMLS #1894731 Report a problem
        11/10/2021Contingent$199,900$118/sqft
        Source: NGLRMLS #1894731 Report a problem
        11/3/2021Listed for sale$199,900+81.7%$118/sqft
        Source: NGLRMLS #1894731 Report a problem
        4/8/2019Sold$110,000-4.3%$65/sqft
        Source: NGLRMLS #1854960 Report a problem
        11/13/2018Listed for sale$114,900$68/sqft
        Source: ERA Greater North Properties #1854960 Report a problem

        Public tax history

        YearProperty taxesTax 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

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          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

          Getting around

          0 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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