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Street View
$399,000
Monthly Est:$1,986
2 Beds
2 Baths2 full baths
977sqft
509 Rose St #Lot: 18, Traverse City, MI 49686
$399,000
$1,986/moEst:
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Single Family Residence
Built in 1896
$-- HOA
2,178 sqft lot
$408/sq.ft
Description
Rare opportunity to own a fully renovated, income-producing duplex in the heart of Traverse City, steps from downtown, fully furnished, and operating as a short-term rental since 2019. Both units are actively permitted and generating approximately $60,000 combined annually, with upside potential. Commercial zoning requires STR permits to remain active to preserve them both, making this a true turnkey investment with the infrastructure already in place. The lower unit offers 500 sq ft of thoughtfully designed living space with a 1 bedroom, 1 bath layout, fully equipped kitchen (stove/oven, dishwasher, microwave, refrigerator), king bed, and twin trundle beds sleeping up to...
Continue Reading- Houzeo last checked: 5 hours ago
- Listing updated: September 12, 2026 at 12:03 pm
- Listing Provided by: Troy Daily (231) 288-7676 DRE #6501442788 | REMAX Bayshore - Union St TC (231) 941-4500
- Source: MiRealSource MLS-MI | MLS#: 80069457
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1896
HOA Fees
-
Finished Area
977 sqft
Lot Size
2,178 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
80069457
MLS Status
Active
Days on Market
100
Cumulative Days on Market
94
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Exterior Features
Sidewalks
Sewer
Community
Appliances
Dishwasher, Microwave, Range/oven, Refrigerator
Heating
Natural Gas, Wall Furnace
Construction
Year Built
Year Built: 1896
Home type
Single Family Residence
Construction Materials
Vinyl Siding
Utilities & Energy
Water Source
Public
Basement
Exterior Entry, Stone
Other Features
Lot Features
Corner Lot
Price History
| Date | Event | Price |
|---|---|---|
09/09/2026 Source: | Price Decreased | $399,000 -1.48% $408/sqft |
08/26/2026 Source: | Price Decreased | $405,000 -3.57% $415/sqft |
08/03/2026 Source: | Price Decreased | $420,000 -4.55% $430/sqft |
06/10/2026 Source: | Listed for Sale | $440,000 $450/sqft |
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Based on information from MiRealSource through Sep 18, 2026, 10:15AM . All information is provided exclusively for personal, non-commercial 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. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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