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Explore Similar Apartments Within 2 Miles of Downtown Traverse City, MI

  • 864 E State St, Traverse City, MI 49686
    864 E State St, Traverse City, MI 49686
    864 E State St, Traverse City, MI 49686
    /36

    $775,000

    • 3 Beds
    • 2 Baths
    • 1,258 Sq Ft

    864 E State St, Traverse City, MI 49686

    Fully renovated 2 bed/1 bath and 1 bed/1 bath duplex, turnkey, entirely furnished, and income-ready! Nearly every inch of this property has been meticulously reconstructed from the studs with premium finishes, new mechanicals, appliances, insulation, drywall, trim, flooring, tile, paint, electrical, and plumbing systems. Exterior improvements include new siding, windows, doors, trim, foundation

    Agent Photo

    Lydia Wiley

    @properties Christie's Int'l

    (231) 227-3246

    864 E State St, Traverse City, MI 49686
  • 204 S Division St, Traverse City, MI 49684
    204 S Division St, Traverse City, MI 49684
    204 S Division St, Traverse City, MI 49684
    /26

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,465 Sq Ft

    204 S Division St, Traverse City, MI 49684

    Great potential in this downtown Traverse City duplex. With separately metered main floor and upstairs units, create passive income or live in one unit and rent the other. Large Lot. Separately metered. The home could be converted back to a single family home. Being sold AS IS.

    Karly Wentzloff REO-TCRandolph-233022

    204 S Division St, Traverse City, MI 49684
  • 630 W Eighth St, Traverse City, MI 49684
    630 W Eighth St, Traverse City, MI 49684
    630 W Eighth St, Traverse City, MI 49684
    /12

    $465,000

    • 4 Beds
    • 2 Baths
    • 1,851 Sq Ft

    630 W Eighth St, Traverse City, MI 49684

    Experience the perfect blend of charm, convenience, and opportunity in the heart of Traverse City. Ideally located just steps from the vibrant downtown district, this property offers unparalleled access to the city’s renowned dining, boutique shopping, and cultural attractions. Outdoor enthusiasts will love the proximity to the popular TART Trail—perfect for biking, walking, and exploring

    Jennifer Hastings Key Realty One-TC

    630 W Eighth St, Traverse City, MI 49684
  • 10500 E Traverse Hwy, Traverse City, MI 49684
    10500 E Traverse Hwy, Traverse City, MI 49684
    10500 E Traverse Hwy, Traverse City, MI 49684
    /41

    $425,000

    • 4 Beds
    • 2 Baths
    • 2,132 Sq Ft

    10500 E Traverse Hwy, Traverse City, MI 49684

    Incredible investment opportunity just steps from West Grand Traverse Bay, Tom’s West Bay Market, and the TART Trail. This west side duplex features two 2-bedroom, 2-bath units, both currently leased with strong rental history. Located in one of Traverse City’s most desirable neighborhoods, this property offers easy access to the area’s best beaches, trails, and shopping. Minutes from downtown,

    Dave Cutler Twin Bay Properties, LLC

    10500 E Traverse Hwy, Traverse City, MI 49684
  • 628 Sixth St, Traverse City, MI 49684
    628 Sixth St, Traverse City, MI 49684
    628 Sixth St, Traverse City, MI 49684
    /26

    $985,000

    • 5 Beds
    • 5 Baths
    • 3,700 Sq Ft

    628 Sixth St, Traverse City, MI 49684

    Two Homes, One Incredible Opportunity! Located in one of Traverse City’s most sought-after neighborhoods, this one-of-a-kind property includes two separate full size homes – each with their own private back yard and garage. These homes are ideal for walkable or bikeable TC, close to West End Beach, downtown, restaurants and shopping and more! This prime location offers all the best of in-town

    Erika Korndorfer REO-TCRandolph-233022

    628 Sixth St, Traverse City, MI 49684
  • 526 E Eighth St, Traverse City, MI 49686
    526 E Eighth St, Traverse City, MI 49686
    526 E Eighth St, Traverse City, MI 49686
    /14

    $445,000

    • 6 Beds
    • 3 Baths
    • 2,382 Sq Ft

    526 E Eighth St, Traverse City, MI 49686

    Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the

    Nick Rogers Wentworth Real Estate Group

    526 E Eighth St, Traverse City, MI 49686
  • 200 Seventh St, Traverse City, MI 49684
    200 Seventh St, Traverse City, MI 49684
    200 Seventh St, Traverse City, MI 49684
    /45

    $749,900

    • 5 Beds
    • 3 Baths
    • 2,759 Sq Ft

    200 Seventh St, Traverse City, MI 49684

    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

    Christina Johnson Keller Williams Northern Michi

    200 Seventh St, Traverse City, MI 49684
Michigan Traverse City Downtown Traverse City

Multi-Family Homes & Duplexes for Sale in Downtown Traverse City, Traverse City

Why Live in Downtown Traverse City
Downtown Traverse City is a vibrant neighborhood where commerce and residential life intersect seamlessly. Residents enjoy a walkable and bikeable environment with numerous restaurants, entertainment options, shops, parks, and even a beach. The area features higher-end condominiums, often in refurbished historic buildings with an industrial feel, offering lakefront and city skyline views. Modern townhouses with two bedrooms and two bathrooms are also common. The dining scene is a major attraction, with notable spots like Poppycocks, Millie & Pepper, and Le Macaron. For groceries, Burritt’s Fresh Market and Boardman’s Family Fare Supermarket are convenient options. The Sara Hardy Downtown Farmers Market operates every Saturday from May to October, providing fresh produce, art, and wine. Clinch Park Beach is a popular destination in spring and summer, offering swimming, kayaking, paddle boarding, and boating. The beach connects to the Traverse Area Recreation Trail (TART) and the William G. Milliken Waterscape. Hannah Park and Open Space Park provide additional outdoor activities, including fishing and beach volleyball. Indoor attractions include the Bijou by the Bay theater, Crooked Tree Arts Center, City Opera House, and the State Theatre. The neighborhood is part of the Traverse City Area Public School District, with highly rated schools such as Central Grade School, East Middle School, and Central High School. The area hosts the annual National Cherry Festival, attracting half-a-million visitors for various events. Downtown Traverse City experiences mild summers and snowy winters, with major employers like Munson Medical Center and Northwestern Michigan College nearby. Cherry Capital Airport is just under 5 miles away.
Learn more about living in Downtown Traverse City

Home Trends in Downtown Traverse City, MI

On average, homes in Downtown Traverse City, Traverse City sell after 75 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Traverse City, Traverse City over the last 12 months is $504,500, up 28% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$504,500
Median Single Family Sale Price
$755,000
Median Townhouse Sale Price
$795,000
Median 2 Bedroom Sale Price
$576,250
Median 1 Bedroom Sale Price
$295,000
Average Price Per Sq Ft
$640
Number of Homes for Sale
35
Last 12 months Home Sales
72
Months of Supply
5.80
Median List Price
$769,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
28%
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