1950164-06132dd3-6a2b-45f6-8358-ff78d804527d.JPG
Active

1055 E Front Street

Traverse City, Michigan 49686
Mark as Favorite
$539,900 $2,276/Mo
Get Pre-Approved Check your credit
Bed 0

Bed

Bath 0

Bath

Acres400

Acres

Acres0.19

Acre(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : Multifamily

Price : $539,900

AD Id : 90978732

MLS Id : 78080073186

Lot Size : 0.19 Acre

Living Area Size : 400

Year Built : 1895

County : Grand Traverse

Subdivision: Charter Heights

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Egress Window(s) Basement Description: Daylight,Other,Partially Finished

  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1895 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Basement Architecture: Victorian

  • Exterior Features

    Construction: Wood

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)

  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.19 Lot Dimensions: 50X165X49X162

  • Property Information

    SQ ft: 400 Subdivision: Bayside Add Financing: Cash,Trade/Exchange

  • Listing Price Information

    Original List Price: $539,900

  • Listing Information

    Possession: At Close Legal Description: LOTS 79 & 80 BLOCK 3 BAYSIDE ADD

  • Tax Information

    Parcel Number: 285148203700

  • Possession

    At Close

  • Legal Information

    Legal Description: Section: LOTS 79 & 80 BLOCK 3 BAYSIDE ADD

  • School Information

    School District: Traverse City

  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
Sell a home like this and save $31,895 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3434 & 3436 Mahoney Dri.., Traverse City, MI, 49686 $424,900 -- -- 936 1.10 Acres
18599 Mission Road , Traverse City, MI, 49686 $4,260,000 -- -- -- 10.86 Acres
316 Huron Street , Traverse City, MI, 49686 $550,000 -- -- 1,240 0.34 Acre

Similar Multifamily To 1055 E Front Street

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$849,000
Multifamily For Sale

1627 Rasho Road ,
Traverse City, MI, 49696

Acres1.10

Acres(Lot)
Slider Thumb
Mark as Favorite
$3,500,000
Multifamily For Sale

55 S Hope Ridge ,
Traverse City, MI, 49696

SqFt6,901

Sqft

Acres40.39

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$1,700,000
Multifamily For Sale

607 W Front Street ,
Traverse City, MI, 49684

Bath 4

Bath

SqFt2,245

Sqft

SqFt8,300

Sqft(Lot)
Slider Thumb
Mark as Favorite
$424,900
Multifamily For Sale

3434 & 3436 Mahoney Drive ,
Traverse City, MI, 49686

SqFt936

Sqft

Acres1.10

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$550,000
Multifamily For Sale

316 Huron Street ,
Traverse City, MI, 49686

SqFt1,240

Sqft

Acres0.34

Acre(Lot)
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 09/05/2026 @ 00:02

MLS: 78080073186 LISTED BY: Erica S Foerster , REO-TCFront-233021 231-947-9800 SOURCE: Realcomp II Ltd

More Cities with for Sale by Owner Homes

Homes around $539,900

Slider Thumb
Mark as Favorite
$495,000
Land For Sale

00 W Hammond ,
Traverse City, MI, 49686

Acres9.17

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$499,900
Home For Sale

1713 Vanderlip Road,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2

Bath

SqFt1,663

Sqft

Acres1.71

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$499,900
Home For Sale

3419 N Timberwood Drive ,
Traverse City, MI, 49686

Bed 4

Bed

Bath 2.5

Bath

SqFt1,600

Sqft

Acres0.48

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$500,000
Home For Sale

314 Barlow Street ,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2

Bath

SqFt1,380

Sqft

Acres0.12

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$511,100
Home For Sale

11332 Peninsula Drive ,
Traverse City, MI, 49686

Bed 4

Bed

Bath 2.5

Bath

SqFt2,750

Sqft

Acres0.26

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$523,000
Home For Sale

815 Westminster Road ,
Traverse City, MI, 49686

Bed 4

Bed

Bath 2.5

Bath

SqFt1,271

Sqft

Acres0.29

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$525,000
Home For Sale

4464 Prouty Road ,
Traverse City, MI, 49686

Bed 5

Bed

Bath 2

Bath

SqFt1,560

Sqft

Acres2.60

Acres(Lot)
Slider Thumb
Mark as Favorite
$525,000
Home For Sale

4590 Weathering Heights..,
Traverse City, MI, 49686

Bed 4

Bed

Bath 2.5

Bath

SqFt2,174

Sqft

Acres0.87

Acre(Lot)
Slider Thumb
Mark as Favorite
$529,500
Home For Sale

4520 Audubon Drive ,
Traverse City, MI, 49686

Bed 4

Bed

Bath 2.5

Bath

SqFt2,450

Sqft

Acres0.43

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$549,900
Home For Sale

3706 Holiday View Road ,
Traverse City, MI, 49686

Bed 4

Bed

Bath 2.5

Bath

SqFt2,115

Sqft

Acres0.98

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$550,000
Home For Sale

3900 Swaney Road ,
Traverse City, MI, 49686

Bed 1

Bed

Bath 1

Bath

SqFt495

Sqft

Acres12.83

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$550,000
Multifamily For Sale

316 Huron Street ,
Traverse City, MI, 49686

SqFt1,240

Sqft

Acres0.34

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$569,900
Home For Sale

3552 Lookout Point ,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2.5

Bath

SqFt1,594

Sqft

Acres0.54

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$585,000
Home For Sale

4441 E Timberwood Drive ,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2.5

Bath

SqFt1,787

Sqft

Acres0.43

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$585,000
Condo For Sale

701 E State Street ,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2

Bath

SqFt1,350

Sqft
Slider Thumb
Active
Mark as Favorite
$585,000
Condo For Sale

701 E State Street #D,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2

Bath

SqFt1,350

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$585,000
Condo For Sale

151 E Railroad Avenue ,
Traverse City, MI, 49686

Bed 3

Bed

Bath 2.5

Bath

SqFt1,350

Sqft
Slider Thumb
Mark as Favorite
$589,000
Home For Sale

3490 Village Circle Dri..,
Traverse City, MI, 49686

Bed 4

Bed

Bath 3.5

Bath

SqFt3,051

Sqft

Acres0.61

Acre(Lot)

Selling? Save $31,895 when you sell a home like this

Tour with a ByOwner Agent