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For sale
    • $550,000

    316 Huron St, Traverse City, MI 49686

    6beds
    3baths
    2,636sqft
    : 
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    Multi Family
    Built in 1937
    -- sqft lot
    $586,500 Zestimate®
    $209/sqft
    $-- HOA

    What's special

    In-unit laundryAttached two-car garagePrivate deck
    Excellent Investment Opportunity at the Base of Old Mission Peninsula! This well-maintained duplex offers outstanding income potential with a proven rental history and current gross rental income of $4,790 per month. The property features three income-producing units, providing flexibility for investors or those seeking an owner-occupied opportunity. The duplex can also be converted back to a single-family home. Unit A (Main Level) offers 3 bedrooms, 1 bath, and an attached two-car garage. Unit B (Upper Level) features 2 bedrooms, 1 bath, in-unit laundry, and a private deck. A separate, non-conforming Cottage (Unit C) includes 1 bedroom and 1 bath, creating an additional income stream. Ideally located in one of Traverse City's most desirable in-town neighborhoods at the base of Old Mission Peninsula, the property is just two blocks from East Bay Beach, with convenient access to Northern Michigan College, Eastern Elementary, Central High School, downtown Traverse City, shopping, restaurants, beaches, and the TART Trail. Whether you're looking to expand your investment portfolio or convert the duplex back to a single-family home, this is an exceptional opportunity in a highly sought-after location.
    4 days
    |
    769
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Gaston 231-313-0591,

    REMAX Bayshore - Union St TC 231-941-4500

    Source: NGLRMLS,MLS#: 1947705MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Hot Water, Baseboard, Wall Furnace, Natural Gas
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Gas Water Heater
      Features
      • Entrance Foyer, Mud Room, Drywall, High Speed Internet, Cable TV, WiFi
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,636
      • Total interior livable area: 2,636 sqft

      Property

      Parking
      • Parking features: Two Car, Attached, Concrete
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: None
      • Waterfront features: Near Pub.Access w/in 500'
      Lot
      • Size: 0.34 Acres
      • Dimensions: 113 x 132
      Details
      • Additional structures: Shed(s), Guest House
      • Parcel number: 285110103900
      • Zoning description: Residential,Multi-Family,Rental History

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Block, Aluminum Siding, Wood Siding
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1937

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Not Applicable
      • Water conservation: Not Applicable

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $209/sqft
      • Tax assessed value: $146,727
      • Annual tax amount: $7,700
      • Price range: $550K - $550K
      • Date on market: 7/7/2026
      • Cumulative days on market: 5 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,Cash,1031 Exchange
      • Ownership type: Private Owner
      • Lease term: 12 Months
      • Total actual rent: 4790
      • Road surface type: Asphalt

        Estimated market value

        $586,500

        $499,000 - $686,000

        $2,383/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$550,000+39.2%$209/sqft
        Source: NGLRMLS #1947705 Report a problem
        10/18/2021Listing removed--
        Source: RE/MAX of Michigan Report a problem
        9/27/2021Pending sale$395,000$150/sqft
        Source: RE/MAX of Michigan #1889754 Report a problem
        9/27/2021Contingent$395,000$150/sqft
        Source: NGLRMLS #1889754 Report a problem
        9/16/2021Price change$395,000-6%$150/sqft
        Source: NGLRMLS #1889754 Report a problem
        7/12/2021Price change$420,000-8.5%$159/sqft
        Source: NGLRMLS #1889754 Report a problem
        7/6/2021Price change$459,000-7.8%$174/sqft
        Source: NGLRMLS #1889754 Report a problem
        7/2/2021Listed for sale$498,000+32.8%$189/sqft
        Source: NGLRMLS #1889754 Report a problem
        9/24/2020Listing removed$375,000$142/sqft
        Source: RE/MAX Bayshore #1877331 Report a problem
        9/23/2020Pending sale$375,000$142/sqft
        Source: RE/MAX Bayshore #1877331 Report a problem
        7/16/2020Listed for sale$375,000$142/sqft
        Source: RE/MAX Bayshore #1877331 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,700 +6.7%$293,900 +12.5%
        2024$7,217 +4.8%$261,200 +28.4%
        2023$6,886 +2.5%$203,400 +7.7%
        2022$6,720 +1.1%$188,800 +7.4%
        2021$6,647 +0.8%$175,800 +8.9%
        2020$6,591 $161,500 +13.7%
        2019$6,591 -16.8%$142,000 +6.2%
        2018$7,919 $133,700 +4.5%
        2017-- $128,000 +10.8%
        2016-- $115,500 +3.1%
        2014-- $112,000 +0.4%
        2012-- $111,600 +0.4%
        2011-- $111,200 -6.1%
        2010-- $118,400 -0.1%
        2009-- $118,500 -3.8%
        2008-- $123,150 +2.4%
        2007-- $120,260 +7.5%
        2005-- $111,850 +12.9%
        2004-- $99,030 +4.6%
        2003-- $94,690
        2002-- $94,690 +4.5%
        2001-- $90,640 -2.4%
        2000-- $92,870
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49686

        Getting around

        48 / 100
        Car-Dependent
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eastern Elementary School
        • Middle: Traverse City East Middle School
        • High: Central High School
        • District: Traverse City Area Public Schools

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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