NOT LISTED FOR SALE

Estimated Value: $1,034,423

3 Beds
3 Baths
2,704 Sq Ft
$383/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2025

Last sale price $550,000 $203 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,795 / mo

18 Days on Market

Highlights

  • Great Room
  • Forced Air Heating and Cooling System
  • Patio
  • Detached Garage

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

Last Buyer's Agent

Matthew Dakoske

REMAX Bayshore - Union St TC

REMAX Bayshore - Union St TC
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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

8,712 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2012
Current Estimated Value
$1,034,423

Purchase Details

Closed on
Jun 1, 2012
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$25,000 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,316 $295,100 $0 $0
2025 $12,312 $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

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933906

Northern Great Lakes REALTORS® MLS

APN: 51-778-130-00

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