Seller's Agent in 2025
Erica Foerster
Real Estate One
(231) 242-3576
4 in this area
187 Total Sales
514 E Eighth St Traverse City, MI 49686
South Traverse City Neighborhood
4
Beds
3
Baths
1,757
Sq Ft
4,356
Sq Ft Lot
Highlights
- Victorian Architecture
- Forced Air Heating and Cooling System
- Garden
- Central High School Rated A-
- Patio
- Wood Siding
About This Home
As of June 2025Investors—Get READY! Don't miss this incredible opportunity to own a 3-unit multi-family home located in the heart of NoBo (North Boardman), a vibrant residential neighborhood in downtown Traverse City. Just one block from Hull Park and the TC Public Library, this property offers prime access to Boardman Lake. There are grassy picnic areas, benches, a small pavilion, and a butterfly garden filled with sculptures. The scenic Boardman Loop Trail meanders along a four-mile paved walkway through wooded paths that completely encircle the lake. The basement has been structurally reinforced, and the egress windows were repaired. The main floor was leveled. One chimney was removed entirely, while the remaining chimney was professionally capped. A new fence was added to the east side of the backyard. Gravel was placed in the parking area to improve both function and appearance. Inside, the staircase carpet has been replaced, and the entryway was upgraded with hook-ups to accommodate a W/D. Keyless entry systems were installed at the front and back doors for convenience and security. The sewer line was scoped and cleaned to ensure optimal performance. The main-level unit was repainted entirely, and the floors were replaced with high-quality luxury vinyl plank. All interior doors were replaced, and new hardware was installed throughout. Updated lighting fixtures were added in every room, and all window treatments, including blinds and drapes, are brand new. In the bathroom, the toilet was replaced. The kitchen underwent a complete renovation, including brand new cabinetry, new countertops, a stylish backsplash, new sink and fixtures, a modern ventilation hood, and a new refrigerator and microwave. With its unbeatable location and proximity to parks, recreation, and downtown amenities, this is a smart investment for anyone looking to expand their real estate portfolio.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1896
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 27x164x25x165
- Garden
- The community has rules related to zoning restrictions
Home Design
- Triplex
- Victorian Architecture
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,757 Sq Ft Home
- 2-Story Property
- Blinds
- Washer and Dryer Hookup
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Basement
- Michigan Basement
- Partial Basement
Schools
- Eastern Elementary School
- Traverse City East Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Patio
- Mineral Rights
Community Details
- 3 Units
- Boardman Oak Park Community
Listing and Financial Details
- Rent includes liability insurance
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $440,000 | 0.0% | $250 / Sq Ft | |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- | |
| 05/13/2025 05/13/25 | For Sale | $440,000 | +22.7% | $250 / Sq Ft | |
| 10/26/2023 10/26/23 | Sold | $358,500 | -6.9% | $216 / Sq Ft | View Prior Sale |
| 10/10/2023 10/10/23 | Pending | -- | -- | -- | |
| 09/19/2023 09/19/23 | For Sale | $385,000 | -- | $232 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Agents Affiliated with this Home
-
Erica Foerster
-
Laura Cobb
L
Seller Co-Listing Agent in 2025
Laura Cobb
Real Estate One
(231) 409-7712
3 in this area
123 Total Sales
-
Jaimie Fellows-Garno
Buyer's Agent in 2025
Jaimie Fellows-Garno
City2Shore Real Estate Northern Michigan
(231) 920-6617
1 in this area
453 Total Sales
-
Lydia Wiley
Seller's Agent in 2023
Lydia Wiley
@properties Christie's Int'l
(312) 882-4074
1 in this area
38 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1933656
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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