505 Second Street Traverse City, MI $ 624,900
505 Second Street
$ 624,900
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505 Second Street

Traverse City, MI, 49684
$ 624,900
Baths3.0 Sq 2,503

Monthly Estimate*

$ 3,848

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Studio

Multi-Family Home for sale in Traverse City, MI

for $624,900 with 3 full baths. This 2,503 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.

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Multi-Family Active

Price

$ 624,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.19

Year Built

1885

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1946291

Features
Interior
Interior Amenities Pantry Entrance Foyer Bookcases Cable TV High Speed Internet
Basement Full
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 3
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General
Sewer Public Sewer
Heating Gravity Natural Gas
Possession Month to Month Tenant
Roof Asphalt
Appliances Refrigerator Oven/Range Washer Dryer
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1885
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
Subdivision Name Hannah Lay & Co's 4th Addition
Garage Y/N N
Other Structures None
Rent Includes Fire Insurance
Status New
Directions Front St. to north on Oak St. left on Second St. property on left.
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 8276.4
Carport Y/N N
Home Warranty Y/N N
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 164765
Tax Lot 18/19
Total Actual Rent 2750
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lots 18 and 19 Block 5 Hannah Lay & Co's 4th Addition
Freehold IDX
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Exterior
Exterior Amenities None
Parking Features Alley Access Detached Other
Water Source Public
Lot Size Area 0.19
Number of Buildings 1
Spa N
Lot Dimensions 50x165
Lot Size Acres 0.19
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 Traverse City

Broker

Cell: 231-590-2198

Contact

Affordability Calculator

$3,848
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,848
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
6/8/2026$624,900 Listed Price

Map


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505 Second Street, Traverse City, MI, 49684 is a Multi-Family Home for sale at $624,900 with 2,503 sqft and a lot size of 0.19. 505 Second Street is a studio with 3.0 baths and was built in 1885. The property's zip code is 49684 which is in Traverse City, MI