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526 E Eighth Street

Traverse City, MI 49686
  • $489,900
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 1932546
Price Reduced
UPDATED: 62 min ago
$489,900
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,382
    SQFT
  • $206
    $/SQFT
Type:
Multi-Family
Built:
1896
County:

School Ratings & Info

Description

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 possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location thats thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-05-17T22:52:36.003.
www.housestraversecity.com/homes/162694542
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526 E Eighth Street Traverse City, MI 49686

  • Price: $489,900
  • Status: Active
  • On Site: 29 Days
  • Updated: 62 min ago
  • MLS #: 1932546
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2,382
SQFT
$206
$/SQFT
1896
Built
Neighborhood:
Hannah Lay & Co's 5Th Add
County:
Grand Traverse
Area:
Grand Traverse
School District:
Traverse City Area Public Schools
Property Description
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 possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location thats thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.
Exterior Features

Additional Buildings None Construction Frame Exterior Features Sidewalk Exterior Finish Vinyl Siding Lot Dimensions 50x165 Primary Garage None Road Blacktop Roof Asphalt Water Features None

Interior Features

Appliances Equipment Other Apx Sqft A 807 Apx Sqft B 807 Apx Sqft C 768 Bath A 1 Bath B 1 Bath C 1 Bdrm A 2 Bdrm B 2 Bdrm C 2 Fireplace And Stoves None Foundation Crawl Space Heating Cooling Type Hot Water Interior Features Other

Property Features

Deeded Waterfront No Development Amenities None Documents On File Sellers DisclosureLBP Disclosure Heating Cooling Sources Natural Gas Included In Lease None Lease Terms Month-to-MonthOther Listing Agreement Type Exclusive Right to Sell Mineral Rights Unknown Possession Negotiable Property Type Duplex (2 Story)Other Section Number 11 Sewer Municipal Style 2 Story Terms Conventional MortgageCash Township Traverse City Tv Service Internet Avail Unknown Type Of Ownership Private Owner Univs Design Barrier Free None Water Municipal Zoning Use Restrictions Residential

Listing information © 2025 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Wentworth Real Estate Group: 231-735-3435.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-05-17T22:52:36.003.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684