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4 Baths
1,700 sqft

$439,900

513 Cayuga, Bellaire MI, 49615

Price per sqft$258.76
Built in1950
Property size1,700 sqft
Property typeMulti-family
Listed by Christopher Hale with Coldwell Banker Schmidt-Bellaire Listing Contact: 231-676-3977

Overview

Active

New

Listed Oct 26, 2026

Updated 29h ago

Prime Downtown Bellaire 4-Plex | Fully Occupied Turnkey Asset Exceptional, Rare In-Town Multi-Family Opportunity! 513 E Cayuga offers immediate, multi-stream rental yield within the Village of Bellaire. Situated on a 0.34-acre lot, this fully occupied four-plex features a balanced unit mix of two private 1-bedroom apartments and two efficient studio units, delivering immediate day-one cash flow. Tenants love the unbeatable location—just a short walk to downtown Bellaire’s vibrant core district, including Short’s Brewing Company and other local coffee shops and eateries, shopping, and walking path to Richardi Park. The property boasts dedicated off-street parking, a highly prized feature for in-town living that ensures effortless tenant attraction and long-term retention. With severe regional demand for year-round workforce housing and zero local multi-family inventory competition, this asset provides an investor with low vacancy risk, steady cash flow, and clear upside potential. Whether you are seeking a resilient addition to your portfolio or a high-yielding Northern Michigan income property, 513 E Cayuga offers reliable performance in an ideal setting.

$2,927/mo

Est. mortgage payment based on a $439,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1951979

Interior Features

Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Association Fee Frequency
Yearly
Municipality
Kearney
MLS provider logo

Listed by Christopher Hale with Coldwell Banker Schmidt-Bellaire
Listing Contact: 231-676-3977 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 10/27/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 10/27/2026 at 3:39 AM UTC

 

 

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