# 513 CAYUGA, Bellaire, MI 49615 > **TL;DR:** townhouse, $439,900 ($259/sqft), built 1950, 1,700 sqft. Est. $2,352/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $439,900 | | Price/sqft | $259 | | Square Feet | 1,700 | | Year Built | 1950 | | Property Type | Townhouse (Single Family Attached) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,224 | | Estimated Insurance | $128 | | **Total** | **$2,352** | ## Nearby Schools - **Elementary:** JOHN R RODGER ELEMENTARY SCHOOL - **Middle:** BELLAIRE MIDDLE SCHOOL - **High:** BELLAIRE PUBLIC HIGH SCHOOL ## Property Highlights - Built in 1950 ## Description ### Agent Description 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. ## Location - **Address:** 513 CAYUGA, Bellaire, MI 49615 - **County:** Antrim County - **Coordinates:** 44.97565, -85.2017509 - **Google Maps:** https://www.google.com/maps?q=44.97565,-85.2017509 ## Listing Agent - **Name:** Christopher Hale - **Brokerage:** Coldwell Banker Schmidt Family Of Companies - **Broker Phone:** 2315338641 ## Photos ![513 CAYUGA - Photo 1](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f2214275000r.jpg) ![513 CAYUGA - Photo 2](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f2994010623r.jpg) ![513 CAYUGA - Photo 3](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f479430771r.jpg) ![513 CAYUGA - Photo 4](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f2489164435r.jpg) ![513 CAYUGA - Photo 5](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f2460197134r.jpg) ![513 CAYUGA - Photo 6](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f4091902477r.jpg) ![513 CAYUGA - Photo 7](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f3879016858r.jpg) ![513 CAYUGA - Photo 8](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f3141144283r.jpg) ![513 CAYUGA - Photo 9](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f3638078293r.jpg) ![513 CAYUGA - Photo 10](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f4166061379r.jpg) ![513 CAYUGA - Photo 11](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f3008545686r.jpg) ![513 CAYUGA - Photo 12](http://lh.rdcpix.com/dde8d417e0167419e51eda446b3c769bl-f644149949r.jpg) --- **MLS#:** 1951979 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/513-cayuga-bellaire-mi-49615-7d28b59a387d4965be9af3246d40abc6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/513-cayuga-bellaire-mi-49615-7d28b59a387d4965be9af3246d40abc6#listing", "url": "https://www.propertysimple.ai/listing/513-cayuga-bellaire-mi-49615-7d28b59a387d4965be9af3246d40abc6", "name": "513 CAYUGA, Bellaire, MI 49615", "description": "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. 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