$450,000

517 S Oak Street, Traverse City, MI 49684

  • 4 baths |
  • 2,158 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $209/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Well-located fourplex just a short walk from all the shops, restaurants, and amenities of downtown Traverse City, making it a highly desirable location for both current and future tenants. Each of the four units features 1 bedroom and 1 bathroom, with two units on the main level and two on the upper level, all with private entrances. The property also offers a shared coin-operated laundry room in the basement for tenant convenience. Each unit is individually metered for gas and electric, providing the opportunity for a future owner to adjust utility responsibilities if desired. Each unit includes one parking space, and rents currently include utilities. Utilities currently paid by the landlord include: electricity, natural Gas / propane, water & sewer, trash collection, recycling. This is a strong opportunity to own a well-positioned multi-unit property in one of Traverse City’s most walkable locations.

Listing Status:
Active
Data Last Updated:
April 18, 2026 at 4:07PM
Listing Office:
Coldwell Banker Schmidt Traverse City : 231-922-2350
Listing Agent:
Sarah Bailey : 231-360-1099
MLS ID:
1942885
  • General: None
  • Appliances: RefrigeratorOven/RangeFreezer
  • Basement: Michigan Basement
  • Heating: Wall FurnaceNatural Gas
  • Fireplace: None
  • Disability Feature: None
  • General: SidewalkShed(s)
  • Parking: None
  • Roofing: Other
  • General: FrameVinyl Siding2
  • Road/Access: Concrete
  • HOA Amenities: Annually
  • Originating MLS: NGLRMLS API
  • School District: Traverse City Area Public Schools
  • County: Grand Traverse
  • Zoning: N 50 FT OF LOTS 41-42 & N 50 FT OF W 12 FT OF LOT 40 BLOCK 5 PERRY HANNAH'S 1ST ADD
  • Water: Public
  • Sewer: Public Sewer
  • Source: NGLRMLS API
  • Ownership: Private Owner

This listing courtesy of Sarah Bailey , Coldwell Banker Schmidt Traverse City

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Central Grade Elementary School

301 7th St, Traverse City, MI, 49684

Grades PK-5

0.21 miles away

T

Tcaps Montessori School

1009 S Oak St, Traverse City, MI, 49684

Grades PK-7

0.21 miles away

T

Traverse City Central High School

1150 Milliken Dr, Traverse City, MI, 49686

Grades 9-12

2.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.