$694,900
$105K PRICE DROP

Estimated payment $4,263/month

Total Views 37,871
5 Beds
3 Baths
2,759 Sq Ft
$252 Price per Sq Ft

Highlights

  • Deck
  • Mud Room
  • Walk-In Closet
  • Central High School Rated A-
  • Covered Patio or Porch
  • 2-minute walk to Lay Park

About This Home

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.

Listing Agent

Christina Johnson

Keller Williams Northern Michi License #6502419938 Listed on: 04/01/2025

Keller Williams Northern Michi

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,727

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 59 x 97
  • The community has rules related to zoning restrictions

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 2,759 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mud Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,727

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: 2 Story
  • Estimated Year Built: 1880
  • Construction: Frame
  • Section Number: 4
  • Year Updated: 2000
  • Percent Of Remodel: 100
  • Year Renovated: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Window A/C Unit (s), Ceiling Fan
  • Interior Amenities: Walk-In Closets, Mud Room
  • Price Per Sq Ft: 251.87
  • Range: R 11W
  • Total Finished Sf Apx: 2759

Exterior Features

  • Exterior Features: Deck, Covered Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Partial, Unfinished
  • Number Of Acres: 0.13
  • Road: Public Maintained
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Wifi
  • Water: Municipal
  • Heating Cooling Type: Hot Water

Schools

  • School District: Traverse Bay Area Intermediate School District

Lot Info

  • Lot Dimensions: 59 x 97
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Traverse Bay Area Intermediate School District

Map

Range of Values:

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Average Value
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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 $6,727 $333,500 $0 $0
2024 $5,967 $269,800 $0 $0
2023 $5,551 $189,500 $0 $0
2022 $5,796 $202,800 $0 $0
2021 $7,442 $189,500 $0 $0
2020 $7,364 $184,000 $0 $0
2019 $5,539 $170,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $694,900 -7.3% $252 / Sq Ft
06/06/2025 06/06/25 Price Changed $749,900 -6.3% $272 / Sq Ft
04/01/2025 04/01/25 For Sale $799,900 -- $290 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $415,000 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1931892

Northern Great Lakes REALTORS® MLS

APN: 51-618-007-10