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1st image of 509 Rose St #Lot: 18, Traverse City, MI 49686 | MLS# 80069457
2nd image of 509 Rose St #Lot: 18, Traverse City, MI 49686 | MLS# 80069457
3rd image of 509 Rose St #Lot: 18, Traverse City, MI 49686 | MLS# 80069457
4th image of 509 Rose St #Lot: 18, Traverse City, MI 49686 | MLS# 80069457
5th image of 509 Rose St #Lot: 18, Traverse City, MI 49686 | MLS# 80069457
21+
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$420,000

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths

    2 full baths

  • Beds Icon977sqft

509 Rose St #Lot: 18, Traverse City, MI 49686

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  • Single Family Residence

  • Built in 1896

  • $-- HOA

  • 2,178 sqft lot

  • $430/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...

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  • Houzeo last checked: 10 minutes ago
  • Listing updated: August 6, 2026 at 11:03 am
  • Listing Provided by: Troy Daily (231) 288-7676 DRE #6501442788 | REMAX Bayshore - Union St TC (231) 941-4500
  • Source: MiRealSource MLS-MI | MLS#: 80069457 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Grand Traverse County

  • City

    Traverse 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

    60

  • Cumulative Days on Market

    57

Data provided by Redfin

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