505 Second Street # Lot: 18/19 Traverse City, MI ^$ 624,900

505 Second Street # Lot: 18/19

^$ 624,900

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505 Second Street # Lot: 18/19

Traverse City, MI, 49684

^$ 624,900

Studio Baths0.0 Sq 1,278

Monthly Estimate*

^$ 3,848

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Studio

Multi-Family Home for sale in Traverse City, MI

for $624,900. This 1,278 square foot home was built in 1885 on a lot size of 0.19.

The location of this duplex couldn't be better - walk to beaches and everything downtown Traverse City has to offer! This side-by-side duplex offers great curb appeal and was built as a duplex - not a converted single-family home. Each unit features a large living room, a foyer entrance at the front and a secondary entrance at the rear, 2 bedrooms, a full bath, built-in bookcases, and full basements. Unit B also has charming arched doorways and a dining room. Parking is available off the alley and there is a garage used for storage.

Multi-Family Active

Price

^$ 624,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1885

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80069391

Features

General

Heating Gravity

Possession Month To Month Tenant

Garage Detached Garage

Water Public Water

Appliances Dryer Range/Oven Refrigerator Washer

Status Active Active

Year Built 1885

Parking Garage

Subdivision Hannah Lay & Co's 4th Addition MI

County Grand Traverse

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Traverse City

Section 3

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available

Structure Style 2 Story

Area Traverse City (28021)

Primary City Traverse City

Directions Front St. to north on Oak St. left on Second St. property on left.

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash

Legal Description Lots 18 and 19 Block 5 Hannah Lay & Co's 4th Addition

DOM 0

Postal Code 49684

Price Per Sq Ft Total AG 488.97

Public Remarks

Interior

Basement Full

Total Number of Units 2

Dining/Kitchen Pantry

Fuel Type Natural Gas

Exterior

Lot Size Area 0.19

Lot Dimensions 50x165

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Ben Street

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

streetbws@gmail.com

Affordability Calculator

$3,848

Per Month

Monthly Principal & Interest: $3,848
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Traverse City, MI

Average List Price ^$1,136,738

Percent of Sale Price 82%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3769590 Elementary School

3769595 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/8/2026	$624,900		Listed Price

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505 Second Street # Lot: 18/19, Traverse City, MI, 49684 is a Multi-Family Home for sale at $624,900 with 1,278 sqft and a lot size of 0.19. 505 Second Street # Lot: 18/19 is a studio with 0.0 baths and was built in 1885. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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505 Second Street # Lot: 18/19

Multi-Family Home for sale in Traverse City, MI

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