633 E Eighth Traverse City, MI $ 350,000
633 E Eighth
$ 350,000
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633 E Eighth

Traverse City, MI, 49686
$ 350,000
Baths2.0 Sq 1,428

Monthly Estimate*

$ 2,210

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633 E Eighth, Traverse City, MI 49686 - Image 10
Studio

Multi-Family Home for sale in Traverse City, MI

for $350,000 with 2 full baths. This 1,428 square foot home was built in 1891 on a lot size of 0.09.

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 zoning 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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Multi-Family Active

Price

$ 350,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.09

Year Built

1891

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1948200

Features
Interior
Interior Amenities Other Cable TV High Speed Internet
Basement Michigan Basement Crawl Space
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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 Forced Air Natural Gas
Possession Negotiable Month to Month Tenant
Roof Asphalt
Appliances Refrigerator Oven/Range
Patio/Porch Features Deck
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1891
Stories Count 2
Township Traverse City
Levels Two
Property Subtype Multi Family
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential Income
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name N/A
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures None
Rent Includes None
Status New
Directions From E 8th Street take Railroad Ave to the alley behind the property. There is parking in the back.
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Commercial Rental History
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3920.4
Carport Y/N N
Home Warranty Y/N N
Property Condition Fixer
Ok to Lease Month To Month
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 143700
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOT 33 BLK 6 HANNAH LAY & CO'S 5TH ADD
Freehold IDX
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Exterior
Exterior Amenities Sidewalk
Parking Features Assigned
Water Source Public
Lot Size Area 0.09
Number of Buildings 1
Spa N
Lot Dimensions 165 x 25
Lot Size Acres 0.09
Other Parking Assigned Parking Spaces
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Mi Properties North Real Estate Group

Broker

(231) 944-5296

Phone

Affordability Calculator

$2,210
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/20/2026$350,000 Listed Price

Map


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633 E Eighth, Traverse City, MI, 49686 is a Multi-Family Home for sale at $350,000 with 1,428 sqft and a lot size of 0.09. 633 E Eighth is a studio with 2.0 baths and was built in 1891. The property's zip code is 49686 which is in Traverse City, MI