526 E Eighth Street
Traverse City, MI 49686
- – beds
- – baths
- 2,382 sqft
- 7,841 sqft lot
- $209 per sqft
- – on site
Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location that’s thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.
Last checked:
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Last updated Apr 23, 2025
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MLS# 1932546 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1896
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Construction:Frame
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Style:2 Story
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Roof:Asphalt
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Foundation:Crawl Space
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Exterior Finish:Vinyl Siding
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Exterior Features:Sidewalk
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:2382
Interior
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Interior Features:Other
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Fireplace and Stoves:None
Financial & Terms
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Terms:Cash
Location
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Latitude:44.759207
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Longitude:-85.612106
The Property
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Property Type:Duplex (2 Story), Other
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Lot Dimensions:50x165
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Acres:0.18
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Zoning:Residential
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Additional Buildings:None
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Deeded Waterfront:no
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Water Features:None
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Road:Blacktop
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Mineral Rights:Unknown
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Price Per SqFt:209.87
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 735-3435
Taxes
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Tax ID:28-51-634-011-00
The Listing
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Virtual Tour URL 1:https://tours.bluelavamedia.com/s/526-East-Eighth-Street-Traverse-City-MI-49686
Heating & Cooling
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Heating & Cooling:Natural Gas
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Heating & Cooling:Hot Water
Utilities
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Water:Municipal
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Sewer:Municipal
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TV/Internet:Unknown
Appliances
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Appliances:Other
Schools
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School District:Traverse City Area Public Schools
The Community
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Subdivision:MI
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Development Amenities:None
Parking
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Primary Garage:None
Extra Units
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Total # of Units:3
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SqFt Unit 1:807 Sqft
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Unit A Baths:1
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Unit B Bedrooms:2
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Unit B Baths:1
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Unit C Bedrooms:2
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Unit C Baths:1
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Unit C Square Feet:768 Sqft
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
|
Listed / Active | NGLRMLS | $499,900 | 0.5% |
11/23/24
Nov 23, 2024
|
REALCOMP | $497,500 | 7.3% | |
3/13/24
Mar 13, 2024
|
REALCOMP | $463,500 | 106.0% (25.2% / YR) |