Traverse City MI Multi Family for Sale

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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.

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1954
Baths:
MLS#:
80047255
Subdivision:
Brookside

ADDITIONAL INFORMATION

Discover this prime duplex property, ideally located just minutes away from the vibrant downtown Traverse City. This well-positioned investment offers the perfect blend of convenience and potential. **Key Features** Two-Unit Duplex: Each unit features two bedrooms and one bathroom, providing ample space for comfortable living or renting. Needs TLC: While the property offers a solid foundation, it could benefit from some updates to flooring and other cosmetic enhancements. Prime Location: Enjoy easy access to shopping, dining, and entertainment options in downtown Traverse City. Outdoor Living: Take advantage of the nearby Grand Traverse Commons and Botanical Garden, perfect for biking, walking, or simply enjoying the natural beauty of the area. **Investment Potential** Rental Income: This duplex presents an excellent opportunity to generate rental income from both units. Location: The property's proximity to downtown Traverse City ensures a strong demand for tenants. Value Appreciation: As real estate values continue to rise in the Traverse City area, this duplex offers significant potential for appreciation. This duplex represents an exceptional investment opportunity. Don't miss out on the chance to own a piece of Traverse City's thriving real estate market.

Type:
Multi-Family
Sq.Ft.:
2,580
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1956
Baths:
MLS#:
70412095

ADDITIONAL INFORMATION

Just blocks from downtown Traverse City sits your next opportunity! This three unit has been a rental for a number of years and is looking for it's new owner. With a little love and some polish, this gem will shine once again. This property may be able to be reconfigured to a single family home again, consult City for permitting. Located convienently near Meijer, Tom's Food Market, Munson Hospital, TC West Middle School and all of the eating establishments of Downtown Traverse City. Off Street parking from both Division and 13th Street.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Traverse City Real Estate

The median home value in Traverse City, MI is $394,900. 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 $394,900. 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 49684 has a population of 15,263. Traverse City 49684 is more family-centric than the surrounding county with 27.42% 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 49684 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 49684 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.

Traverse City Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    337
    30-day change

Traverse City Schools and Demographics

Education near Traverse City, MI

Metric City County
High School Graduates 96.54 95.16
College Degree - 2 year 9.97 10.7
College Degree - 4 year 48.91 38.42
Graduate Degree 15.18 10.9
Expenditures per Student 12,554 12,554
Students per Teacher 17.7 17.7

Elementary Schools near Traverse City, MI

School Grades Students P/T Ratio ZIP
Blair Elementary School PK - 05 301 15.6 49684
Cherry Knoll Elementary School PK - 05 377 17.9 49686
Courtade Elementary School PK - 05 309 15.5 49686
Eastern Elementary School PK - 05 296 23 49686
Long Lake Elementary School PK - 05 269 15.5 49685
Silver Lake Elementary School KG - 05 284 18.8 49684
Tcaps Montessori School PK - 06 328 20.3 49684
Traverse Heights Elementary School PK - 05 223 12.6 49686
Westwoods Elementary School PK - 06 369 21.8 49684
Willow Hill Elementary School PK - 05 448 19.8 49684
Woodland School KG - 08 201 17.1 49686

Middle Schools near Traverse City, MI

School Grades Students P/T Ratio ZIP
East Middle School 06 - 08 860 20.5 49686
The Greenspire School 06 - 08 74 14.8 49684
West Middle School 06 - 08 1,212 20 49684

High Schools near Traverse City, MI

School Grades Students P/T Ratio ZIP
Central High School 09 - 12 1,494 22 49686
Traverse City High School 06 - 12 210 26.9 49686
West Senior High School 09 - 12 1,640 23.1 49684

Ungraded Schools near Traverse City, MI

School Grades Students P/T Ratio ZIP
* Adult Work Center 11 - 12 48 2.2 49686
Grand Traverse Academy KG - 12 1,203 18.2 49686
New Campus Center 01 - 12 46 4.2 49684
TBA ISD Oak Park Special Education 01 - 12 56 3.5 49686
TBA ISD Traverse Heights KG - 12 88 12.9 49686

Demographics near Traverse City, MI 49684

Metric Zip Code City
Neighborhood Type Suburban
Population 15,263 94,562
Population Density 1,832 204
Median Age 40.4 42.9
People per Household 2.1 2.4
Median Household Income 64,033 69,393
Average Income per Capita 41,461 36,651