$550,000
SOLD JUN 23, 2025
3 Beds
3 Baths
2,704 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

18 Days on Market

Highlights

  • Great Room
  • Detached Garage
  • Patio
  • Central High School Rated A-
  • Forced Air Heating and Cooling System
  • 4-minute walk to Jupiter Park

About This Home

As of June 2025

Prime Downtown Traverse City Duplex – Exceptional Investment or Owner-Occupied Opportunity-- Fully leased for instant cash flow!!! Located in the heart of Downtown Traverse City, this well-maintained duplex offers the perfect blend of modern living and unbeatable convenience. Each spacious unit features 1,352 sq ft of thoughtfully designed living space with 3 bedrooms, 2.5 bathrooms, and an open-concept main floor ideal for both relaxation and entertaining. Built in 2013 with quality craftsmanship, both units include full, unfinished basements with egress windows—providing excellent potential for future expansion or added value. A deep lot adds privacy and green space, while the detached garage offers off-street parking and additional storage. Residents will enjoy being just a short walk to the beach, restaurants, boutiques, and all the vibrant amenities of downtown living. With a strong rental history and desirable layout, this property is a rare find—perfect for investors or those looking to live in one unit and rent the other. Don't miss this unique opportunity in one of Traverse City's most sought-after neighborhoods.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 05/18/2025

Berkshire Hathaway Homeservices - TC

Co-Listed By

Jennifer Russell

Berkshire Hathaway Homeservices - TC License #6501383446

Last Buyer's Agent

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333

REMAX Bayshore - Union St TC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2013

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Basement Storage
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Oak Heights Add. Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story
  • Estimated Year Built: 2013
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Natural Gas Water Heater
  • Interior Amenities: Laundry Hook-Up, Storage Space, Great Room
  • Range: R 11W
  • Total Finished Sf Apx: 2704

Exterior Features

  • Exterior Features: Sidewalk, Patio
  • Exterior Finish: Vinyl Siding
  • Foundation: Poured Concrete
  • Number Of Acres: 0.2
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Detached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Wifi
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: OAK HEIGHTS ADD.

Lot Info

  • Lot Dimensions: 50x180
  • Zoning Use Restrictions: Multi-Family

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2025
Closed on
Jun 23, 2025
Sold by
Bay Area Props Llc
Bought by
Haroney Joseph
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
List Price
$550,000
Sold Price
$550,000
Views
19
Current Estimated Value
$698,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,495
Avg. Annual Appreciation
61.29%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Brian Gartland
Bought by
Bay Area Properties 844 Llc

Purchase Details

Closed on
Nov 9, 2012

Purchase Details

Closed on
Jun 1, 2012
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $550,000 --
Deed $390,000 --
Deed $25,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2025 06/23/25 Sold $550,000 0.0% $203 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/18/2025 05/18/25 For Sale $550,000 -- $203 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

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 $12,966 $292,200 $0 $0
2024 $11,979 $276,600 $0 $0
2023 $11,237 $204,900 $0 $0
2022 $11,596 $234,200 $0 $0
2021 $11,316 $204,900 $0 $0
2020 $11,167 $201,600 $0 $0
2019 $7,547 $203,700 $0 $0
2018 $7,385 $179,000 $0 $0
2017 -- $163,500 $0 $0
2016 -- $134,900 $0 $0
2014 -- $121,900 $0 $0
2012 -- $44,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933906

Northern Great Lakes REALTORS® MLS

APN: 51-778-130-00