321 Fair Street, Traverse City, MI 49686
- $290,000
- 2
- BD
- 2
- BA
- 1,131
- SqFt
- Sold Price
- $290,000
- List Price
- $310,000
- Closing Date
- Nov 26, 2025
- Days on Market
- 7
- Status
- SOLD CO-OP NON-MEMBER
- MLS#
- 1940479
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,131
- Lot Size (Acres)
- 0.18
- Year Built
- 1949
Property Description
Located in the heart of Traverse City, this 2-bedroom, 1.5-bath this home sits on a rare and highly sought-after city lot offering exceptional potential for future expansion or redevelopment. The property’s deep lot allows room for a garage addition or possibly an auxiliary dwelling unit (ADU) a unique opportunity for those looking to invest, create additional living space, or generate rental income right in town. The existing home provides comfortable living with an efficient layout and great natural light, making it ideal for full-time residents, first-time buyers, or investors looking to enhance value. The real appeal, however, lies in the versatility of the lot and location—close to downtown shopping, dining, beaches, and all that Traverse City living has to offer.
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Additional Information
- Building Name
- Foster & Crotsers Add
- Taxes
- $1,863
- Stories
- 2
- Interior Features
- Entrance Foyer, Solid Surface Counters, Mud Room, Drywall, Ceiling Fan(s)
- Amenities
- None
- Flooring
- Carpet, Laminate
- Exterior Features
- Sprinkler System
- Heating
- Forced Air, Natural Gas
- Water
- Private
- Sewer
- Public Sewer
- School District
- Traverse City Area Public Schools
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Listing Courtesy of Key Realty One-TC. 517-827-2120
Selling Office: NON-MLS MEMBER OFFICE.