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!
$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.
$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.
$3,900,000
4612 US-31 N Acme Twp, MI 49686
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.84 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 78080013327
- Subdivision:
- Gold Coast Inn
View additional info
Courtesy: REO-TCRandolph-233022
231-946-4040
ADDITIONAL INFORMATION
Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has it's own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet service is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!
$2,520,000
N Garfield Woods Garfield Twp, MI 49686
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 8.04 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- 78080013307
- Subdivision:
- Fox Run LLC
View additional info
Courtesy: REO-TCRandolph-233022
231-946-4040
ADDITIONAL INFORMATION
This is an incredible opportunity for a developer interested in constructing an 84 unit apartment or condo development in Traverse City - all of the preliminary work is DONE! This property and owner has ALL permits, building and site plans, engineering, and approvals in hand to begin work right away - it is truly shovel ready! The rental market continues to have immense needs in Traverse City, and this is a phenomenal opportunity to begin building on day one. With over 8 acres, lots of frontage on Garfield Road, access to shopping, the airport, Costco and others within a mile, and over 100 acres of conservancy property and Mitchell Creek Nature Sanctuary adjacent to this property, there are so many pluses. Inquire about development options, and get started on your legacy property!
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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 $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 49686 has a population of 15,263. Traverse City 49686 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 49686 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 49686 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.