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$575,250
3 Baths ⋅ 1930132 MLS ⋅ Hannah Lay & Co's 1st Add BLDG.
Downtown Traverse City living meets investment potential with this multi-family property featuring three spacious apartments. Originally a single-family residence, this remodeled and well-maintained building has been thoughtfully converted to offer versatile opportunities for owners and tenants alike. Each apartment boasts generous living spaces and modern conveniences while retaining the historic charm that defines this sought-after location. With a layout that maximizes natural light, these units are ideal for renters or as an owner-occupied property with additional rental income. Unit A is a 3 bed/1 bath apartment on the main floor, Unit B is a 1 bed/1 bath studio on the lower level, and Unit C is on the upper floor and features 2 beds/1 bath. Nestled in the heart of town, you'll love the proximity to boutique shops, renowned dining, the Boardman River, parks, beaches, and West Bay. Whether you're expanding your portfolio or seeking a downtown lifestyle with built-in income potential, this property delivers on both character and function. Your opportunity to own a slice of Traverse City's vibrant downtown starts here!

135 E Ninth Street Unit A, B, & C, Traverse City
$340,000
2 Baths ⋅ 1929388 MLS ⋅ Windcrest Hills BLDG.
Spacious Duplex on a Large Lot This duplex offers an excellent opportunity for both homeowners and investors. Unit One: Completely renovated with stylish updates, this unit features: New flooring and modern lighting throughout. Bright white cabinets, sleek countertops, and brand-new appliances in the kitchen. A fully remodeled bathroom with all-new fixtures. Enjoy access to a full basement equipped with private laundry facilities. Step outside onto the back deck, which overlooks an expansive backyard—perfect for outdoor activities and relaxation. Unit Two: Designed with the same spacious layout as Unit One, this unit offers: A roomy living area with two generously sized bedrooms. A shared full bath. A dining room that leads to a galley kitchen and out to a private deck. Direct access to a one-car garage for added convenience. This unit also includes a full basement, providing ample storage and private laundry facilities. Additional Features: Expansive backyard space. Convenient shared amenities and thoughtful design for both units. Don’t miss out on this versatile property with modern updates, plenty of storage, and outdoor charm!

3890 Leeside Lane, Traverse City
$266,667
4 Baths ⋅ 1925554 MLS ⋅ Leisure Court BLDG.
2 unit Duplex. One unit (5210) has 2 bedrooms, 1 1/2 baths, Kitchen and living room. Other (5208) has 3 bedrooms, 2 baths, kitchen and living room. Both are 2 story. Electric heat. Both units share well and septic. There is municipal water and natural gas at the street if new owner would like to hook up. There is a 36 x 20 pole barn behind the detached garage along with a 20 x 52 quasi carport along the side of the pole barn. The Tenant in 5208 has a lease thru December 01, 2024. The Tenant in 5210 has 60 day occupancy rights. Tenants may want to stay if new buyer would like turn key. Priced according to the April 2024 appraisal. There are 3 Duplexes on W Mobile trail that can be purchased together

5208 & 5210 W Mobile Trail, Traverse City
$266,667
4 Baths ⋅ 1925552 MLS ⋅ Leisure Court BLDG.
Perfect opportunity for the right person. Purchase this duplex, live in one side and have the tenant's rent on the other side pay towards your mortgage! 2 story duplex with 2 units. Unit 5224 is vacant so a new homeowner can close and move right in. Unit 5222 is occupied. Tenant would like to stay. Both units are the same floorplan only flipped. Newer vinyl plank flooring, carpet and paint. 30 x 40 Pole barn with 10 ft overhang door and electric. Lot size is 1/2 acre. Both sides of the Duplex share a well and septic. Unit 5224 has natural gas. Natural gas and municipal water are at the street if new owner would like to have both units hooked up. Priced according to the April 2024 appraisal. There are 3 Duplexes on W Mobile Trail that can all be purchased together.

5222 & 5224 W Mobile Trail, Traverse City
$266,667
2 Baths ⋅ 1925550 MLS ⋅ Leisure Court BLDG.
One story ranch duplex. Both units are mirrored floorplans. Both have 2 bedrooms, 1 full bath, Living room and kitchen / dining combo. Stove and refrigerator stay. Washer and Dryer are tenants and are excluded from the sale. 30x40 pole barn with 12 x 40 carport and 2 small sheds. Large, fenced back yard. Property is approximately 1/2 an acre. Tenants would like to stay. Natural gas and municipal water are at the street if new owner would like to hook up. Priced according to the April 2024 appraisal. There are 3 Duplexes on W Mobile Trail that can be purchased all together.

5236 & 5238 W Mobile Trail, Traverse City
$300,000
2 Baths ⋅ 1923898 MLS ⋅ Oakwood Addition BLDG.
TWO homes on one property. Investors take a close look at this opportunity. Zoned R1B. Nice size lot 100x165 feet. Bring your special touches, take advantage of the private wooded setting and make this your own. You have many options or keep them as rentals, the choice is yours. Very unique setting.

1219 Hannah Avenue, Traverse City
$270,000
2 Baths ⋅ 1923700 MLS ⋅ Brookside BLDG.
Discover this prime duplex property, ideally located just minutes away from the vibrant downtown Traverse City. This well-positioned investment offers the perfect blend of convenience and potential. **Key Features** Two-Unit Duplex: Each unit features two bedrooms and one bathroom, providing ample space for comfortable living or renting. Needs TLC: While the property offers a solid foundation, it could benefit from some updates to flooring and other cosmetic enhancements. Prime Location: Enjoy easy access to shopping, dining, and entertainment options in downtown Traverse City. Outdoor Living: Take advantage of the nearby Grand Traverse Commons and Botanical Garden, perfect for biking, walking, or simply enjoying the natural beauty of the area. **Investment Potential** Rental Income: This duplex presents an excellent opportunity to generate rental income from both units. Location: The property's proximity to downtown Traverse City ensures a strong demand for tenants. Value Appreciation: As real estate values continue to rise in the Traverse City area, this duplex offers significant potential for appreciation. This duplex represents an exceptional investment opportunity. Don't miss out on the chance to own a piece of Traverse City's thriving real estate market.

3862 Brook Drive, Traverse City
$1,005,000
3 Baths ⋅ 1915056 MLS ⋅ Pinewood Shores BLDG.
Vacation rental resort located on the shores of all sports Spider Lake. Zoning classification allows for daily, weekly or monthly rentals with no permits required, something seldom found in this location. 125' of sandy beach and shoreline for guests to enjoy with views of adjacent island and sandbar. All cottages were completely remodeled in 2019 including roofs, siding, windows, mechanical, electrical, plumbing, spray foam insulation and all interior finishes. Each cottage takes full advantage of the water views and offer expansive outdoor deck space to enjoy the outdoors while relaxing lakeside. Cottages work well as individual rentals or for a large group to enjoy for a family getaway.

4464 Lakeview Trail, Traverse City
$545,000
4 Baths ⋅ 1915769 MLS ⋅ Manhattan Estates BLDG.
Fully-leased 4-plex on the west side of Traverse City. Close to township parks and Long Lake public beaches and access, this is an ideal location to attract tenants. Tenants are responsible for their own utilities. Garbage, lawn care and snow removal are all provided by the Landlord.

4392 Manhattan East, Traverse City
$350,000
6 Baths ⋅ 1918748 MLS
6 METES & BOUNDS PROPERTIES IN TRAVERSE CITY- Conveniently located in the Chums Corner area, these properties are all on their own well & septic. Great rental history, 3 tenants are still in leases , the other is month to month basis. Each property has its own tax ID. Shown by appointment only. No signs.

5013 Cecilia Lane, Traverse City
$463,500
3 Baths ⋅ 1918583 MLS ⋅ Hannah Lay & Co's 5th Add BLDG.
Excellent income opportunity in downtown Traverse City. Located in the NoBo (North of Boardman River) neighborhood, this property is comprised of 3 units all with a solid rental history. Flexible D-2 zoning allows for C2 Commercial and additional uses including up to 20 unit lodging facility with 25% of the units as short-term rentals with township approval. Turn this back into a single family residence, live in one unit and rent the other two, or keep it as turn key investment. Many possibilities in an area that is exploding with tourism, growth, & gentrification. A 100% walkability score makes this a highly desirable location. West Grand Traverse Bay beaches, TART Recreation Trail, Boardman River & Lake, public library, shops & restaurants all in the neighborhood.

526 E Eighth Street, Traverse City
$405,000
4 Baths ⋅ 1917406 MLS
6 METES & BOUNDS PROPERTIES IN GARFIELD TOWNSHIP- Conveniently located on Birmley & Keystone rd, these properties are all on their own well & septic. Great rental history, 4 tenants are still in leases , the others are on a month to month basis. Each property has its own tax ID. Shown by appointment only. No signs.

1554 Keystone Hills Drive, Traverse City
$358,500
3 Baths ⋅ 1915851 MLS ⋅ Boardman Oak Park BLDG.
Three-unit, tenant-occupied investment property. D-2 zoning. The listing agent is the owner.

514 E Eighth Street, Traverse City
$850,000
4 Baths ⋅ 1917131 MLS ⋅ Blue Shore Properties Llc BLDG.
Please do not visit this property without permission. There are tenants in the cottages. Four turn-key cottages overlooking West Bay with 95' of direct private frontage. One of a kind sound investment opportunity. These cottages have been remodeled and well-maintained. The property is comprised of a two bedroom cottage, a loft/efficiency cottage, and two one bedroom cottages. Non-conforming use with a strong rental history. Multiple decks, sidewalks, a large patio and fire pit for gatherings, plus fantastic views of Power Island. Use it for an investment, build your dream home, or create a vacation compound.

10563 SW Bayshore Drive, Traverse City
$245,000
2 Baths ⋅ 1917798 MLS ⋅ Leisure Court BLDG.
Great investment property just 15 minutes South of Traverse City, or an opportunity to live in unit and rent the other! Each has a spacious kitchen and living area, as well as 2 bedrooms & 1 bath. Washer & dryer hook ups in each unit. Two separate entrances to each with a shared breezeway. Shared driveway. Low traffic street and ends in cul-de-sac. 5275 is vacant. 5277 is currently occupied with a written lease expiring in May 2024.

5275 & 5277 W Mobile Trail, Traverse City
$2,100,000
1914803 MLS ⋅ Boardman Flats BLDG.
Unique 14 Unit Apartment Building in Traverse City. Walk/Bike to Downtown, Beaches, Library, NMC, Schools, etc. Located in NOBO on Eighth Street next to TART trail. Built in 2017! 8 Furnished Units - 6 Unfurnished Units. Two 2 BD - 1BA Units - 12 1BD/1BA Units. Outstanding Opportunity for Short Term, Monthly, Annual Rentals! Various Rents (Some Seasonal). Many Possibilities for this In Town Property in a Key Location Walkable/Bikeable to All TC has to Offer! On BATA Lines for Public Transportation. Newer Clean Property is Managers Dream. 3 Vacation Rental Licenses with City of TC!

619 E Eighth Street, Traverse City
$1,320,000
5 Baths ⋅ 1914024 MLS ⋅ Earlington Hills BLDG.
Nicely updated and well maintained 8-unit apartment complex on the east side of Traverse City. Buildings have been completely updated including new roofs, windows, vinyl siding, and completely refreshed interiors. Excellent rental history and all leases are month-to-month with competitive rates. Each building includes a carport for four vehicles. All units have private access, 2 bedrooms, 1 full bath, and private laundry. You won't find a better maintained turn-key income opportunity!

3311 & 3329 Mahoney Drive, Traverse City
$2,100,000
5 Baths ⋅ 1912653 MLS ⋅ Silver Hills BLDG.
Terrific Location! Established rental property, Silver Hills has 4 buildings each with 4 well maintained units that include 4/ 8 space carports. All apartments are filled with leases expiring in spring 2024. No problem keeping them full; close to the YMCA, schools, Munson and town. The buildings have 3 tax ID's and sit on 2.12 acres. Shown by appointment only. No sign.

3835-3841 Silver Lake Road, Traverse City
$802,000
4 Baths ⋅ 1918881 MLS ⋅ Hannah Lay 5th Edition BLDG.
4-PLEX COMPLETELY RENOVATED, DOWNTOWN TC. Situated across from F & M Park on a corner lot; short walk to beaches, shops and restaurants. Great investment opportunity. 4 newly remodeled units: one. bedroom, one bath, new kitchen and laundry in each. Open floor plan in each unit with charming details. Fantastic location, packed with all the amenities.

624 E State Street, Traverse City
$750,000
8 Baths ⋅ 1921613 MLS ⋅ Earlington Hills BLDG.
Welcome to a fantastic investment opportunity with this well maintained quadplex! The addresses are 3482, 3484, 3486 + 3488 Mahoney Drive. Great location, just a few minutes from Traverse City. All 4 units are tenant occupied with current leases until 2025. Total rents are $6100/mo. Each unit offers two stories, private entry, an attached single-car garage and paved driveways, maximizing storage and tenant convenience. Inside each unit is nicely updated and equipped with a large living area, washer and dryer hookups, and spacious master bedrooms, complete with dual closets. Updated flooring throughout each unit. Recently upgraded kitchen cabinetry and appliances in the two end units (3482 + 3488). Outside you will find private patios and a spacious shared backyard. Please note that showings require 48 hours notice!

3482 Mahoney Drive, Traverse City