138 W Gillis Street
Traverse City, Michigan 49684
2
Bed
2
Bath
904Sqft
Right in the heart of downtown Traverse City, this well-positioned 2-bedroom, 2-bath condo delivers the kind of lifestyle and income potential that savvy investors are actively seeking. Just steps from the shoreline of Grand Traverse Bay, along with award-winning restaurants, boutique shopping, and year-round events, the location alone drives consistent demand from both visitors and short-term renters. Inside, the layout is efficient and designed for low-maintenance ownership. Clean lines, functional living space, and lock-and-leave simplicity make it ideal as a personal retreat, second home, or turnkey rental. Whether hosting weekend guests or short-term tenants, the space supports ease of use and strong occupancy potential. The defining feature is the private rooftop deck overlooking the
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Total Rooms: 7Interior Features
Appliances: Dishwasher,Oven,Range/Stove,Refrigerator -
Heating & Cooling
Cooling: Central Air Heating: Forced Air Heating Fuel: Electric
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Building Information
Year Built: 2021 Building Stories: 2 Story Foundation/Basement: Slab Architecture: Contemporary -
Exterior Features
Construction: Stucco -
Utility Features
Sewer: Shared Septic (Common) -
Water
Public (Municipal)
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Property Information
SQ ft: 904 Subdivision: Gillis Street Development Financing: Cash,Conventional,Trade/Exchange
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Listing Price Information
Original List Price: $520,000 -
Listing Information
Possession: At Close Legal Description: UNIT 19 – FRESH WATER FLATS II CONDOMINIUM GTC CONDO SUB PLAN NO 469 2021C-00008 MASTER DEED FILED FEBRUARY 8, 2021. 2021C-00017 1ST AMENDMENT TO MASTER FILED APRIL 6, 2021. SPLIT/COMBINED ON 03/19/2021 FROM 28-51-658-017-00 CREATING CHILDREN 28-51-162-00
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Tax Information
Parcel Number: 285116200503Terms/Deposits/Fees
Assoc Fee Freq: $Monthly -
Possession
At Close -
Legal Information
Legal Description: Section: UNIT 19 – FRESH WATER FLATS II CONDOMINIUM GTC CONDO SUB PLAN NO 469 2021C-00008 MASTER DEED FILED FEBRUARY 8, 2021. 2021C-00017 1ST AMENDMENT TO MASTER FILED APRIL 6, 2021. SPLIT/COMBINED ON 03/19/2021 FROM 28-51-658-017-00 CREATING CHILDREN 28-51-162-00
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Parking Information
Has Garage: Yes Garage Size: 1 Car Garage Description: Attached
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School Information
School District: Traverse City -
Utility Information
Water: Public (Municipal) Sewer: Shared Septic (Common)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 859 Carson Street , Traverse City, MI, 49684 | $469,900 | 3 | 3 | 1,350 | 1,350 SqFt |
| 100 Hope Street , Traverse City, MI, 49684 | $545,000 | 2 | 2.5 | 1,180 | 1,180 SqFt |
| 621 Riverine Drive , Traverse City, MI, 49684 | $379,000 | 2 | 2 | 950 | 950 SqFt |
| 525 Riverine Drive , Traverse City, MI, 49684 | $329,900 | 1 | 1 | 694 | 694 SqFt |
| 715 Lake Avenue , Traverse City, MI, 49684 | $377,000 | 2 | 1.5 | 910 | 910 SqFt |
| 259 Midtown Drive , Traverse City, MI, 49684 | $669,000 | 3 | 1.5 | 1,548 | 1,548 SqFt |
| 113 Park Street , Traverse City, MI, 49684 | $824,000 | 2 | 2 | 1,422 | 1,422 SqFt |
| 100 Park Street , Traverse City, MI, 49684 | $3,150,000 | 3 | 3.5 | 2,500 | 2,500 SqFt |
| 206 Midtown Drive , Traverse City, MI, 49684 | $449,000 | 2 | 1.5 | 1,182 | 1,182 SqFt |
| 204 Midtown Drive , Traverse City, MI, 49684 | $429,900 | 2 | 1.5 | 1,182 | 1,182 SqFt |
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ByOwner last updated this listing 06/26/2026 @ 16:01
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