2481 Woodcock Lane Traverse City, MI $ 499,000
2481 Woodcock Lane
$ 499,000
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2481 Woodcock Lane

Traverse City, MI, 49685
$ 499,000
Baths4.0 Sq 3,360

Monthly Estimate*

$ 3,072

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Studio

Multi-Family Home for sale in Traverse City, MI

for $499,000 with 4 full baths. This 3,360 square foot home was built in 2007 on a lot size of 0.71.

Welcome to this well-maintained, side-by-side duplex situated on almost an acre at the end of a quiet cul-de-sac. Each unit features a functional 3-bed, 2-bath layout with spacious living areas, practical kitchens, and private bedrooms that appeal to both long-term and new tenants. Both units enjoy large back decks offering great outdoor living space and added tenant appeal. With a strong rental history and current tenants already in place, this property is truly turn-key for an investor seeking steady, reliable income. Thoughtfully cared for over the years, this duplex has consistently experienced high demand and low vacancy rates — an excellent opportunity for those looking to expand or begin their rental portfolio.

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Multi-Family Active

Price

$ 499,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.71

Year Built

2007

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1941918

Features
Interior
Interior Amenities Entrance Foyer Drywall Cable TV High Speed Internet WiFi
Basement Full Egress Windows Finished
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features Laundry Hook-up
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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General
Sewer Private Sewer
Heating Forced Air Natural Gas
Possession Close Of Escrow Subject To Tenant Rights Long Term Tenant
Roof Asphalt
Appliances Refrigerator Oven/Range Dishwasher Microwave Washer Dryer
HOA Fee 112
Patio/Porch Features Deck
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 2007
Township Blair
Levels Bi-Level
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
Subdivision Name Northern Estates Condominiums
Garage Y/N Y
Other Structures None
Rent Includes Exterior Maintenance Trash Collection Snow Removal Management Other
Status New
Directions From M37 turn onto Grouse Dr. left onto Woodcock LN property will be on your left.
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential Multi-Family Deed Restrictions Rental History
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 30927.6
Carport Y/N N
Home Warranty Y/N N
Ok to Lease 12 Months
Lease Renewal Y/N N
Lease Considered Y/N N
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 208680
Total Actual Rent 3925
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description NORTHERN ESTATES CONDOMINIUMS UNIT 79 PHASE 2 SECTION 17 T26N R11W PARENT PARCEL 017-002-41&017-011-00 MASTER DEED 2004C-00003 5-7-04 AMD 2004C-00006 2004C-00019 2004C-00061 2005C-00102 AMEND 5 2016C
Freehold IDX
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Exterior
Exterior Amenities Sidewalk
Parking Features Two Car Garage Attached Garage Door Opener
Water Source Public
Lot Size Area 0.71
Foundation Details Poured Concrete
Number of Buildings 1
Spa N
Lot Dimensions 88x270x220x180
Lot Size Acres 0.71
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Century 21 Northland

Broker

Cell: 989-306-3444

Contact

Affordability Calculator

$3,072
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,072
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
1/29/2026$499,000 Listed Price

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2481 Woodcock Lane, Traverse City, MI, 49685 is a Multi-Family Home for sale at $499,000 with 3,360 sqft and a lot size of 0.71. 2481 Woodcock Lane is a studio with 4.0 baths and was built in 2007. The property's zip code is 49685 which is in Traverse City, MI