Traverse City MI Multi Family for Sale
$699,000
1022 E State Traverse City, MI 49686
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 80052927
- Subdivision:
- N/A
ADDITIONAL INFORMATION
In the heart of Traverse City, where charm meets modern living at 1022 E State Street. Nestled in a desirable downtown neighborhood, this stunning 5-bedroom, 4.5-bathroom home blends classic appeal with modern functionality, offering over 2,600 sq ft of versatile, light-filled space. The thoughtfully designed main level features bright, inviting spaces, including a Primary Suite, formal dining room, and a cozy sunroomââ?¬â??perfect for savoring your morning coffee or relaxing at the end of the day. The kitchen is designed with modern style and functionality, boasting sleek stainless-steel appliances, subway tile backsplash, and soft-close cabinetryââ?¬â??perfect for everything from gourmet meals to casual breakfasts. The separate entrance downstairs, leads to the fully finished basement adds incredible value with its own kitchen, private living area, separate entrance, two bedrooms, 2- full bathrooms, and addition dedicated laundryWhether used as a guest suite, in-law apartment, or rental property, the possibilities are endless.Step into your private outdoor retreat, where a spacious backyard surrounded by mature trees offers the perfect setting for entertaining, gardening, or simply unwinding. The large deck is ideal for hosting barbecues or enjoying quiet evenings under the stars. And donââ?¬â?¢t forget, this home has the rare benefit of downtown living with no alley behind you! Living on State Street means being part of the vibrant downtown Traverse City community. Just minutes from home, enjoy Grand Traverse Bayââ?¬â?¢s stunning shores, waterfront dining, and the charm of Front Streetââ?¬â?¢s boutiques and cafes.This location offers easy access to world-class wineries, craft breweries, and a thriving arts scene, making it a gateway to all Traverse City has to offer. Donââ?¬â?¢t miss this rare opportunity to own a spacious, updated home with incredible versatility in one of Traverse Cityââ?¬â?¢s most desirable downtown locations. Schedule your showing today.
- Type:
- Multi-Family
- Sq.Ft.:
- 750
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- 80052789
- Subdivision:
- 8th Street Townhomes
ADDITIONAL INFORMATION
Great investment opportunity, new construction 8th Street Townhomes. Carefree living lifestyle in downtown Traverse City on desirable Eighth Street. Monthly rentals allowed. Take advantage of 3 individual, 1 bedroom, 1 bath townhomes located walking/biking distance to Civic Center, Bryant Park, NMC and so much more. These bright & cheerful units offers, nice kitchen layouts with granite c/tops, Frigidaire stainless appliances included, nice living area with access to rear patio. Upper level features, laundry area with stackable washer and dryer included. Large primary bedroom, Full bath with granite c/tops. Complete with air conditioning. Enjoy in-town living at its best! Interior Photos are of Model Unit for reference only!
$3,725,000
100 N Park Traverse City, MI 49684
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1993
- Baths:
- MLS#:
- 80050961
- Subdivision:
- Dingeman & Dancer Building
ADDITIONAL INFORMATION
Iconic, irreplaceable, triple "A" downtown Traverse City location with spectacular West Bay water views, 3 direct Boardman River boat slips (permitted, installed steel seawall), with immediate access to West Grand Traverse Bay, gated private parking, A+ class office build out with 3 levels totaling 6,786 sq. ft. of office space , elevator, immediate walking distance to all of Traverse city downtown restaurants, shopping and activities. This is a one in a generation real estate opportunity presenting the ability to convert to a unique residential in-town project, refresh an existing high end office space or reconfigured/expand as zoning and the imagination will allow! Zoned C-4a. This unique offering is realistically priced at appraised value and will sell timely. Complete your initial due diligence prior to presenting a well priced offer. Long term study periods will not be entertained. Ideal residential conversion into multiple units, number of units and monthly dues are estimates only at this time. Do not allow this amazing generational asset to pass you by.
$5,000,000
18599 Mission Traverse City, MI 49686
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 10.86 Acres
- Year built:
- 1865
- Baths:
- MLS#:
- 80050365
- Subdivision:
- Old Mission Peninsula
ADDITIONAL INFORMATION
The Old Mission Inn, a stunning historic Victorian Inn on the renowned Old Mission Peninsula in Traverse City, blending old-world charm with modern comfort.---- Whether you are looking for the premiere custom home on the Old Mission Peninsula, or a successful, business, this is the place!---This beautifully restored property boasts 13 unique rooms and 11 baths, a large covered porch, multiple elegant dining spaces, and a spacious commercial kitchen.----- With breathtaking Lake Michigan views, it sits in the heart of the wine region, offering guests an unforgettable experience.------- Included in the sale is the Mission Bay Caf�©, a well-loved spot for guests to enjoy food and drinks, primed to become a top destination for locals and visitors alike.--------- This property works great for a historic home/family retreat, a successful B & B, a possible wedding venue or event center, high end or casual dining/bar opportunity or just continue operating the Inn.
- Type:
- Multi-Family
- Sq.Ft.:
- 725
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 8.18 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- 80049944
- Subdivision:
- Metes & Bounds
ADDITIONAL INFORMATION
A fantastic investment opportunity awaits with this multi-family property, offering the potential to generate monthly rental income. Situated on 8+ acres with views of Grand Traverse Bay, this property has been fully updated and is ready for its next owner. Recent improvements include a new metal roof, updated soffit and siding, a concrete parking pad, and new storm doors. Inside, you'll find modern cabinets, appliances, and some updated countertops. Located in desirable Garfield Township, only 10 minutes from downtown Traverse City and its many amenities!
$849,900
200 Seventh Traverse City, MI 49684
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1880
- Baths:
- MLS#:
- 80049823
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Welcome to this charming 5-bedroom, 3-bathroom home nestled in downtown Traverse City. This versatile property boasts three units ideal for multi-family living or residential use. Recently updated and meticulously maintained, the home offers a prime location in the heart of Traverse City, providing easy access to all amenities and a stone's throw from the Boardman River. Unit 1 serves as the centerpiece, featuring two entryways and a patio, perfect for entertaining or relaxing.This unit includes a court yard where mulberry tree is abundant. Unit 2, though smaller, offers a cozy space suitable for a single person or couple. Unit 3 showcases two bedrooms and neighborhood views, complemented by brightly colored decor that creates an inviting atmosphere. Outside, the property features easily maintainable landscaping, enhancing the comforting ambiance of this downtown retreat. Don't miss this opportunity to own your slice of downtown Traverse City living.
$950,000
624 E State Traverse City, MI 49686
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1896
- Baths:
- MLS#:
- 78080014251
- Subdivision:
- Hannah Lay 5th Edition
View additional info
Courtesy: CENTURY 21 Northland
231-929-7900
ADDITIONAL INFORMATION
4-PLEX COMPLETELY RENOVATED, DOWNTOWN TC. Situated across from F & M Park on a corner lot; short walk to beaches, shops and restaurants. Great investment opportunity. 4 newly remodeled units: one. bedroom, one bath, new kitchen and laundry in each. Open floor plan in each unit with charming details. Fantastic location, packed with all the amenities.
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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2025 Realcomp II Ltd. Shareholders.
Traverse City Real Estate
The median home value in Traverse City, MI is $436,000. This is higher than the county median home value of $343,200. The national median home value is $338,100. The average price of homes sold in Traverse City, MI is $436,000. Approximately 52.94% of Traverse City homes are owned, compared to 34.24% rented, while 12.83% are vacant. Traverse City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Traverse City real estate agent to arrange a tour today!
Traverse City, Michigan has a population of 15,263. Traverse City is less family-centric than the surrounding county with 25.98% of the households containing married families with children. The county average for households married with children is 26.67%.
The median household income in Traverse City, Michigan is $64,033. The median household income for the surrounding county is $69,393 compared to the national median of $69,021. The median age of people living in Traverse City is 40.4 years.
Traverse City Weather
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.6 inches per year, with 117.6 inches of snow per year.