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South Traverse City Multifamily Home for Sale

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    $435,000

    • 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

Why Live in South Traverse City

South Traverse City, or as locals call it, “SoFo” for being south of Fourteenth Street, offers a comfortable suburban lifestyle next to Boardman Lake, the largest lake in city limits. Most residents live in subdivisions away from the water, though ...

Home Trends in South Traverse City, MI

Housing Trends

Median Sale Price
$460,000
Median Single Family Sale Price
$460,000
Median Townhouse Sale Price
$264,400
Median 2 Bedroom Sale Price
$399,450
Average Price Per Sq Ft
$319
Number of Homes for Sale
8
Last 12 months Home Sales
54
Months of Supply
1.80
Median List Price
$449,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-11%
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