138 E 16th Traverse City, MI $ 350,000
138 E 16th
$ 350,000
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138 E 16th

Traverse City, MI, 49684
$ 350,000
Bedrooms3 Baths2.0 Sq 1,630

Monthly Estimate*

$ 2,417

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Single Family Home for sale in Traverse City, MI

for $350,000 with 3 bedrooms and 2 full baths. This 1,630 square foot home was built in 1947 on a lot size of 0.24.

Welcome to your perfect investment opportunity in the SOFO district of Traverse City! This home started its life in 1947 as a cottage for what was just a lakeside city. Now Traverse City has bloomed to a food-city, brew-city, beach-city mecca! In fact, from this location SOuth of FOurteenth St - hence the SOFO label - you are within walking distance to Right Brain Brewery and the Traverse City Whiskey Company. For outdoor enthusiasts there is Hull Park and the Boardman Lake Trail Loop! The attic was finished to create an additional living space and is included in the tax assessment even though it is non-conforming. The original knotty pine is all still there. Most of the home needs considerable restoration. A huge covered porch area could be transformed into an amazing outdoor living space. Even the garage was converted into a seasonal living space (think: studio!). Beyond that is the remainder of the .23 acre yard for more living and parking space off the alley.

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Single Family Active

Price

$ 350,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,278

Style

Single Family Residence

Lot Size

0.24

Year Built

1947

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

26058346

Features
General
Sewer Public
Heating Forced Air
Utilities Natural Gas Connected
Possession Close Of Escrow
Roof Asphalt
Appliances Dishwasher Dryer Refrigerator Washer
Construction Materials Wood Siding
Exclusions No
Year Built 1947
Stories Count 2
Township Traverse City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Grand Traverse County
New Construction N
Property Type Residential
Subdivision Name Steele and Spencer's Add
Garage Y/N N
Total Rooms 8
Full Baths 2
Status Active
Directions Cass St to Sixteenth St to house on the south side.
City Traverse City
High School District Traverse City
Zoning Description RES
Lot Size Units Acres
Lot Size Square Feet 10411.0
Carport Y/N N
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2278.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 209500
Legal Description LOT 11 STEELE & SPENCER'S ADD.
Senior Community None
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Interior
Basement Slab
Flooring Vinyl Wood
Total Fireplaces 0
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Electric Dryer Hookup Laundry Room Main Level Sink Washer Hookup
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 2
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Exterior
Lot Features Level Sidewalk
Water Source Public
Lot Size Area 0.24
Spa N
Building Area Total 1630.0
Lot Dimensions 50x208x50x208
Lot Size Acres 0.24
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 138
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* Excluded Features
List By
Real Estate One Inc

Broker

LauraKennedyRealtor@GMail.com

Email

Affordability Calculator

$2,607
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$190
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4593364 Elementary School
4593362 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2026$350,000 Listed Price

Map


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138 E 16th, Traverse City, MI, 49684 is a Single Family Home for sale at $350,000 with 1,630 sqft and a lot size of 0.24. 138 E 16th has 3 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 49684 which is in Traverse City, MI