138 W Gillis Street # 19 Traverse City, MI $ 550,000
138 W Gillis Street # 19
$ 550,000
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138 W Gillis Street # 19

Traverse City, MI, 49684
$ 550,000
Bedrooms2 Baths2.0 Sq 904

Monthly Estimate*

$ 3,386

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Condo for sale in Traverse City, MI

for $550,000 with 2 bedrooms and 2 full baths. This 904 square foot condo was built in 2021.

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 bay an elevated outdoor living space that creates a memorable guest experience and sets this unit apart in the rental market. Morning coffee with water views, sunset evenings above the city, and walkability to everything downtown all translate into lifestyle-driven value that today’s renters are willing to pay for. For investors, this is more than a downtown condo, it’s a strategic asset in one of Northern Michigan’s most desirable markets. A property that not only offers enjoyment but also the potential to generate income and offset ownership costs in a high-demand, four-season destination.

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Condo Active

Price

$ 550,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Contemporary

Year Built

2021

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80067576

Features
General
Heating Forced Air
Kitchen Level Main
Cooling Central A/C
Possession At Close
Garage Attached Garage
Water Public Water
Appliances Dishwasher Range/Oven Refrigerator
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 2021
Parking Garage
Subdivision Gillis Street Development MI
Style Contemporary
County Grand Traverse
Class RESIDENTIAL
Type Condominium
Ownership Private
Municipality Traverse City
Section 3
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
HOA Fee Includes Maintenance Grounds Snow Removal Trash Removal
Structure Style 2 Story
Area Traverse City (28021)
Primary City Traverse City
Directions From downtown TC W. Front Street to W. Gillis Street.
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional Exchange/Trade
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
DOM 0
Postal Code 49684
Price Per Sq Ft Total AG 608.41
Public Remarks Right in the heart of downtown Traverse City this well-positioned 2-bedroom
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Exterior
Exterior Stucco
Waterfront Y/N No
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Interior
Bedroom 1 Level Main
Bedroom 2 Level Upper
Beds 2
Fireplace? No
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* Excluded Features
List By
Meagan Alexander

Listing Agent

Blue Lakes Real Estate Group Tc Llc

Broker

meagan@bluelakesrealtors.com

Email

Affordability Calculator

$3,386
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,386
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
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$550,000 Listed Price

Map


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138 W Gillis Street # 19, Traverse City, MI, 49684 is a Condo for sale at $550,000 with 904 sqft. 138 W Gillis Street # 19 has 2 bedrooms, 2.0 baths, and was built in 2021. The property's zip code is 49684 which is in Traverse City, MI