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$539,900
Monthly Est:$2,687
-- Bed
-- Bath
400sqft
1055 E Front St, Traverse City, MI 49686
$539,900
$2,687/moEst:
Get Pre-Approved
Multi Family
Built in 1895
$-- HOA
8,276.4 sqft lot
$1,350/sq.ft
Description
Turnkey Four-Unit Investment Set on a rare double lot (.19 acres) just off East Front Street's downtown-to-bay corridor, this four-unit property offers a strong income stream in one of Traverse City's most walkable, in-demand locations. Mature trees give the property a shaded, established feel just minutes from downtown shops, restaurants, and the East Bay waterfront. Three of the four units are currently leased, generating $3,425/month in combined rent; Unit 2 is available and listed at $1,750/month. Units 2 and 4 have been most recently updated, and Unit 3 includes its own washer and dryer. Each unit offers a private entryway and an efficient layout that appeals to a steady renter pool. This walk-everywhere location has a track record of long-term tenants. On-site parking for tenants is located in the rear of the building, off the alley. This is a compelling opportunity for an investor to step into immediate cash flow while retaining long-term upside through lease renewals and light updates.
- Houzeo last checked: 6 hours ago
- Listing updated: September 8, 2026 at 3:23 pm
- Listing Provided by: Erica S Foerster , Marc Foerster | REO-TCFront-233021 (231) 947-9800
- Source: Realcomp MLS-MI | MLS#: 78080073186
- Originating MLS: Aspire North REALTORS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1895
HOA Fees
-
Finished Area
400 sqft
Lot Size
8,276.4 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
78080073186
MLS Status
Active
Days on Market
60
Cumulative Days on Market
5
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Appliances
Dryer, Microwave, Oven, Refrigerator, Range, Washer
Cooling
Exhaust Fan
Sewer
Public Sewer
Flooring
Hardwood
Interior Features
Walk In Closets
Heating
Forced Air, Natural Gas
Window Features
Egress Windows, Window Treatments
Construction
Year Built
Year Built: 1895
Home type
Multi Family
Architectural Style
Victorian
Foundation Details
Basement
Construction Materials
Wood Siding
Utilities & Energy
Basement
Daylight, Exterior Entry, Full, Other, Partially Finished
Water Source
Public
Other Features
Subdivision Name
Bayside Add
Price History
| Date | Event | Price |
|---|---|---|
09/03/2026 Source: | Listed for Sale | $539,900 +71.40% $1,350/sqft |
08/31/2022 Source: | Sold | $315,000 $788/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 02, 2026, 02:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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