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633 E Eighth

Traverse City, Michigan 49686
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Bed 0

Bed

Bath 0

Bath

Acres0.09

Acre(Lot)

Investment Opportunity in the Heart of Downtown Traverse City. This 1,428-square-foot home sits on 0.09 acres along the highly desirable Eighth Street corridor, within walking distance to downtown shopping, restaurants, beaches, parks and trails. Currently configured as two long-term rental units, each apartment offers it's own kitchen and living room plus 2 bedrooms and 1 bathroom. The property is fully leased, and the current tenants would like to remain in place, providing immediate rental income for an investor seeking a stable, as-is opportunity. The property has been priced to reflect its condition and offers tremendous upside for buyers looking to renovate or redevelop. D-2 Zoning offers long-term rentals, short-term rentals or commercial. Unlock the potential with its flexible zoni ng and prime location, this property offers numerous possibilities. Please review list in associated documents. Whether you're an investor, developer, or someone looking for a downtown renovation project, this property offers the rare combination of current income, future potential and an outstanding location.

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Detail Ic Property Details

Property Type : Multifamily

Price : $350,000

AD Id : 88191813

MLS Id : 78080071253

Lot Size : 0.09 Acre

Year Built : 1891

County : Grand Traverse

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Feature Features

  • Room Information

    Porches: Deck
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1891 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Crawl,Michigan Basement Architecture: Duplex
  • Exterior Features

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.09 Lot Dimensions: 165 x 25
  • Property Information

    Subdivision: N/A Financing: Cash

  • Listing Price Information

    Original List Price: $350,000
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: LOT 33, BLK 6 HANNAH LAY & CO'S 5TH ADD

  • Tax Information

    Parcel Number: 285163405500
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: LOT 33, BLK 6 HANNAH LAY & CO'S 5TH ADD

  • 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
316 Huron Street , Traverse City, MI, 49686 $550,000 -- -- 1,240 1,240 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 07/21/2026 @ 16:48

MLS: 78080071253 LISTED BY: Stacy Allman , MI Properties North Real Estate Group 231-263-8049 SOURCE: Realcomp II Ltd

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