Traverse City MI Multi Family for Sale

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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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1977
Baths:
MLS#:
78080014122
Subdivision:
None

ADDITIONAL INFORMATION

6 METES & BOUNDS PROPERTIES IN TRAVERSE CITY- Conveniently located in the Chums Corner area, these properties are all on their own well & septic. Great rental history, 3 tenants are still in leases , the other is month to month basis. Each property has its own tax ID. Shown by appointment only. No signs.

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

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 2024 Realcomp II Ltd. Shareholders.



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 49685 has a population of 15,263. Traverse City 49685 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 49685 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 49685 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

    380
    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
Interlochen Community School PK - 05 192 15.7 49643
International School At Bertha VOS PK - 05 57 12.7 49690
Long Lake Elementary School PK - 05 269 15.5 49685
Old Mission Peninsula School PK - 05 165 19.4 49686
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

Middle Schools near Traverse City, MI

School Grades Students P/T Ratio ZIP
East Middle School 06 - 08 860 20.5 49686
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

Demographics near Traverse City, MI 49685

Metric Zip Code City
Neighborhood Type Rural
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