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316 Huron Street

Traverse City, Michigan 49686
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$550,000 $2,318/Mo
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Bed 0

Bed

Bath 0

Bath

SqFt1,240

Sqft

Acres0.34

Acre(Lot)

Excellent Investment Opportunity at the Base of Old Mission Peninsula! This well-maintained duplex offers outstanding income potential with a proven rental history and current gross rental income of $4,790 per month. The property features three income-producing units, providing flexibility for investors or those seeking an owner-occupied opportunity. The duplex can also be converted back to a single-family home. Unit A (Main Level) offers 3 bedrooms, 1 bath, and an attached two-car garage. Unit B (Upper Level) features 2 bedrooms, 1 bath, in-unit laundry, and a private deck. A separate, non-conforming Cottage (Unit C) includes 1 bedroom and 1 bath, creating an additional income stream. Ideally located in one of Traverse City's most desirable in-town neighborhoods at the base of Old Mission Peninsula, the property is just two blocks from East Bay Beach, with convenient access to Northern Michigan College, Eastern Elementary, Central High School, downtown Traverse City, shopping, restaurants, beaches, and the TART Trail. Whether you're looking to expand your investment portfolio or convert the duplex back to a single-family home, this is an exceptional opportunity in a highly sought-after location.

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Detail Ic Property Details

Property Type : Multifamily

Price : $550,000

AD Id : 87702646

MLS Id : 78080070772

Lot Size : 0.34 Acre

Living Area Size : 1,240

Year Built : 1937

Garage : Garage

County : Grand Traverse

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Map

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Feature Features

  • Heating & Cooling

    Cooling: Wall Unit(s) Heating: Baseboard,Hot Water,Wall Furnace Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 1937 Building Stories: 2 Story Total Units: 3 Foundation/Basement: Slab Architecture: Duplex

  • Exterior Features

    Construction: Aluminum,Wood

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)

  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Size: 0.34 Lot Dimensions: 113 x 132

  • Property Information

    SQ ft: 1240 Subdivision: None Financing: Cash,Trade/Exchange

  • Listing Price Information

    Original List Price: $550,000

  • Listing Information

    Possession: Negotiable Legal Description: THT PRT OF SW 1/4 OF SE 1/4 SEC 1 T27N R11W DES AS COM 33 FT W OF NE COR TH S 268 FT TH W 132 FT TH N 268 FT TH E 132 FT TO POB EXC N 155 FT THEREOF

  • Tax Information

    Annual Tax: $8,085 Parcel Number: 285110103900

  • Possession

    Negotiable

  • Legal Information

    Legal Description: Section: THT PRT OF SW 1/4 OF SE 1/4 SEC 1 T27N R11W DES AS COM 33 FT W OF NE COR TH S 268 FT TH W 132 FT TH N 268 FT TH E 132 FT TO POB EXC N 155 FT THEREOF

  • School Information

    School District: Traverse City

  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3434 & 3436 Mahoney Dri.., Traverse City, MI, 49686 $449,900 -- -- 936 936 SqFt

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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 07/20/2026 @ 23:19

MLS: 78080070772 LISTED BY: Jennifer Gaston , REMAX Bayshore - Union St TC 231-941-4500 SOURCE: Realcomp II Ltd

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