1157 N US-31 S
Traverse City, MI 49685
Map
- 2 beds
- 2 baths
- 1,425 sqft
- ~8 acre lot
- $308 per sqft
- 1953 build
- – on site
A fantastic investment opportunity awaits with this multi-family property, offering the potential to generate monthly rental income. Situated on 8+ acres with views of Grand Traverse Bay, this property has been fully updated and is ready for its next owner. Recent improvements include a new metal roof, updated soffit and siding, a concrete parking pad, and new storm doors. Inside, you'll find modern cabinets, appliances, and some updated countertops. Located in desirable Garfield Township, only 10 minutes from downtown Traverse City and its many amenities!
Last checked:
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Last updated Apr 5, 2025
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MLS# 1926347 —
This home is listed in more than one place. See it here, and here.
The Building
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Construction:frame
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Style:ranch, 1 story
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Roof:metal/steel
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Foundation:walkout, block, daylight windows, egress windows, full finished
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Exterior Finish:Vinyl
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Eco Features:no
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SqFt:1425
Interior
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Features:Cathedral Ceilings, Solid Surface Counters
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Kitchen Floor Covering:laminate
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Dining Floor:Laminate
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Laundry on:Lower Floor
Financial & Terms
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Terms:Conventional, Cash
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Pending Divisional Approval:no
Location
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Latitude:44.705099
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Longitude:-85.654416
The Property
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Principal Residence:yes
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Parcel Description:metes and bounds
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Lot Dimensions:IRREG
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Land Features:Wooded-Hardwoods, Rolling
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Acres:8.18
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Zoning:Agricultural Res
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Exterior Features:Bay View, Countryside View, Other
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Deeded Waterfront:no
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Water Features:none
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Road:public maintained, blacktop
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Mineral Rights:Unknown
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Price Per SqFt:308.7
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 941-4500
Taxes
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Tax ID:05-028-021-00
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Summer Taxes:$4,733.09
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Winter Taxes:$1,072.88
Beds
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1st Bedroom on:Main Floor
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1st Bedroom Floor Covering:laminate
Baths
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Master Bath:private
The Listing
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Virtual Tour URL 1:https://vimeo.com/1002028168?share=copy
Heating & Cooling
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Fireplace/Stove:Fireplace(s), Gas, Wood, Stove
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Heating & Cooling:Wall
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Heating & Cooling Source:propane
Utilities
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Water:Private Well
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Sewer:Municipal
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TV Service/Internet:Cable TV, WiFi
Appliances
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Appliances:Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Propane Water Heater
Schools
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School District:Traverse City Area Public Schools
The Community
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Subdivision:MI
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Amenities:None
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Association Fee Includes:Sewer
Parking
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Primary Garage:detached, door opener, concrete floors
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Driveway:Blacktop
Extra Units
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Additional Buildings:secondary garage(s)
Monthly cost estimate
Asking price
$439,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,355
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| Taxes | N/A |
| Insurance | $120 |
| Utilities | $160 See report |
| Total | $2,635/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/30/17
Oct 30, 2017
|
REALCOMP | $220,000 |
