$384,900

Estimated payment $2,512/month

Total Views 7,107
-- Bed
-- Bath
1,252 Sq Ft
$307 Price per Sq Ft

Highlights

  • Deck
  • Detached Garage
  • Porch
  • Fenced Yard
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

Opportunity awaits! This updated 3 bed/1.5 bath home blends modern comfort with classic charm in the heart of downtown Traverse City. Recent improvements, including refinished hardwood floors, new carpet, and fresh paint, make it move-in ready and refreshingly low-maintenance. A detached, heated 2-car garage offers year-round protection for vehicles and gear, complemented by an additional backyard shed for even more storage. Even more exciting, beyond its appeal as a primary residence, this property also shines as a smart investment. It’s zoned to allow for multi-family housing, opening the door to future development or income-generating possibilities. A completed site plan is already in place and available for review in the Associated Documents, giving you a head start on exploring the possibilities. The location is unbeatable, placing you just steps or a quick bike ride from beaches, parks, shops, dining, and nightlife. Whether relaxing at home or soaking in everything the city has to offer, you’ll appreciate the convenience and walkability of this vibrant neighborhood. With its inviting updates, generous storage, prime zoning, and sought-after setting, this home offers a rare opportunity in one of Traverse City’s most desirable areas.

Listing Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537 Listed on: 11/19/2025

REMAX Bayshore - W Bay Shore Dr TC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,841

Year Built

  • Built in 1896

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Sprinkler System
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace

Kitchen

  • Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,841

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Style: 1.5 Story
  • Estimated Year Built: 1896
  • Construction: Frame
  • Principal Residence: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1896

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Ceiling Fan
  • Interior Amenities: Laundry Hook-Up
  • Range: R 11W
  • Total Finished Sf Apx: 1252

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Sidewalk, Fenced Yard, Sprinkler System, Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Michigan Basement, Crawl Space
  • Number Of Acres: 0.33
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Two Car, Detached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Fireplace And Stoves: Fireplace, Stove

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Lot Dimensions: IRREG
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Included In Lease: Not For Lease
  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 5196.50
  • Total Taxes: 5841.43
  • Winter Taxes: 644.93
  • Year Winter: 2024

Multi Family

  • Total Number Units: 6

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,709 $226,600 $0 $0
2024 $5,065 $177,300 $0 $0
2023 $4,712 $96,000 $0 $0
2022 $1,859 $99,700 $0 $0
2021 $1,822 $96,000 $0 $0
2020 $1,805 $92,900 $0 $0
2019 $1,798 $88,000 $0 $0
2018 $1,761 $88,400 $0 $0
2017 -- $86,200 $0 $0
2016 -- $83,300 $0 $0
2014 -- $69,200 $0 $0
2012 -- $67,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 For Sale $384,900 +5.5% $307 / Sq Ft
06/24/2022 06/24/22 Sold $365,000 -2.7% $303 / Sq Ft View Prior Sale
05/24/2022 05/24/22 Price Changed $375,000 -3.2% $311 / Sq Ft
05/17/2022 05/17/22 For Sale $387,500 -- $322 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $5,000 --
Deed $37,500 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1940620

Northern Great Lakes REALTORS® MLS

APN: 51-110-076-00