Sold for $220,000

$220,000

1638-1640 S Garfield Ave, Traverse City, MI 49696

4beds

2baths

1,560sqft

Multi Family

Built in 1969

-- sqft lot

$224,900 Zestimate^®

$141/sqft

$1,900 Estimated rent

Home value

$224,900

$202,000 - $250,000

$1,900/mo

Zestimate^® history

Owner options

List your home for rent

$1,900/mo

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$1,900/mo

Rent Zestimate^®

Refinance and save

$1,424/mo

Est. payment

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$1,424/mo

Est. payment

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What's special

Spacious lot

Discover a promising investment opportunity in Traverse City, Michigan. This ranch-style duplex features two identical units on a spacious lot, offering significant potential for both interior renovations and outdoor improvements. The property boasts a consistent rental history, making it an attractive income-generating asset. Perfect for investors seeking a reliable project with room for value enhancement through strategic upgrades. Convenient location close to all amenities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Baseboard, Natural Gas

Appliances

Included: Refrigerator, Oven/Range

Features

Cable TV, High Speed Internet, DSL, WiFi
Has fireplace: Yes
Fireplace features: Stove

Interior area

Total structure area: 1,560
Total interior livable area: 1,560 sqft

Property

Parking

Parking features: None

Accessibility

Accessibility features: Main Floor Access

Features

Waterfront features: None

Lot

Size: 0.35 Acres
Dimensions: 100 x 156
Features: Landscaped

Details

Additional structures: Shed(s)
Parcel number: 0535000300
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick, Vinyl Siding
Foundation: Slab
Roof: Membrane

Condition

Fixer
New construction: No
Year built: 1969

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Not Applicable
Water conservation: Not Applicable

Community & HOA

Community

Features: None
Subdivision: Wilbur Woods

Location

Region: Traverse City

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $58,216
Price range: $220K - $220K
Date on market: 1/10/2026
Cumulative days on market: 69 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Lease term: Not For Lease
Road surface type: Asphalt

Price history

Date	Event	Price
3/2/2026	Sold	$220,000-10.2%$141/sqft
Source: NGLRMLS #1941570 Report a problem
1/10/2026	Listed for sale	$245,000$157/sqft
Source: NGLRMLS #1941570 Report a problem