1638-1640 S Garfield Avenue Traverse City, MI $ 245,000
1638-1640 S Garfield Avenue
$ 245,000
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1638-1640 S Garfield Avenue

Traverse City, MI, 49686
$ 245,000
Baths2.0 Sq 1,560

Monthly Estimate*

$ 1,509

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Studio

Multi-Family Home for sale in Traverse City, MI

for $245,000 with 2 full baths. This 1,560 square foot home was built in 1969 on a lot size of 0.35.

Discover a promising investment opportunity in Traverse City, Michigan. This ranch-style duplex features two identical units on a spacious lot, offering significant potential for both interior renovations and outdoor improvements. The property boasts a consistent rental history, making it an attractive income-generating asset. Perfect for investors seeking a reliable project with room for value enhancement through strategic upgrades. Convenient location close to all amenities.

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Multi-Family Active

Price

$ 245,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Ranch

Lot Size

0.35

Year Built

1969

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1941570

Features
Interior
Interior Amenities High Speed Internet Cable TV DSL WiFi
Fireplace Features Stove
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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General
Sewer Public Sewer
Heating Baseboard Natural Gas
Possession Negotiable
Roof Membrane
Appliances Refrigerator Oven/Range
Architectural Style Ranch
Construction Materials Brick Vinyl Siding
Pets Allowed false
Year Built 1969
Township Garfield
Property Subtype Multi Family
Waterfront Features None
Community Features None
Accessibility Main Floor Access
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential Income
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name Wilbur Woods
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures Shed(s)
Rent Includes Not For Lease
Status New
Directions From Munson Ave south on Garfield just before Cherry Land Center on west side. (across the street from Bill Marsh)
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 15246.0
Carport Y/N N
Home Warranty Y/N N
Property Condition Fixer
Ok to Lease Not For Lease
Lease Renewal Y/N N
Lease Considered Y/N N
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 58216
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lot 3 Wilbur Woods
Freehold IDX
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Exterior
Parking Features None
Lot Features Landscaped
Water Source Public
Lot Size Area 0.35
Foundation Details Slab
Number of Buildings 2
Spa N
Lot Dimensions 100 X 156
Lot Size Acres 0.35
Road Surface Type Asphalt
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Coldwell Banker Schmidt Traver

Broker

Cell: 231-929-7985

Contact

Affordability Calculator

$1,509
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$245,000 Listed Price

Map


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1638-1640 S Garfield Avenue, Traverse City, MI, 49686 is a Multi-Family Home for sale at $245,000 with 1,560 sqft and a lot size of 0.35. 1638-1640 S Garfield Avenue is a studio with 2.0 baths and was built in 1969. The property's zip code is 49686 which is in Traverse City, MI