Discover this prime duplex property, ideally located just minutes away from the vibrant downtown Traverse City. This well-positioned investment offers the perfect blend of convenience and potential. **Key Features** Two-Unit Duplex: Each unit features two bedrooms and one bathroom, providing ample space for comfortable living or renting. Needs TLC: While the property offers a solid foundation, it could benefit from some updates to flooring and other cosmetic enhancements. Prime Location: Enjoy easy access to shopping, dining, and entertainment options in downtown Traverse City. Outdoor Living: Take advantage of the nearby Grand Traverse Commons and Botanical Garden, perfect for biking, walking, or simply enjoying the natural beauty of the area. **Investment Potential** Rental Income: This duplex presents an excellent opportunity to generate rental income from both units. Location: The property's proximity to downtown Traverse City ensures a strong demand for tenants. Value Appreciation: As real estate values continue to rise in the Traverse City area, this duplex offers significant potential for appreciation. This duplex represents an exceptional investment opportunity. Don't miss out on the chance to own a piece of Traverse City's thriving real estate market.
Sold for $270,000
$270,000
3862 Brook Dr, Traverse City, MI 49684
4beds
2baths
2,178sqft
Multi Family
Built in 1954
-- sqft lot
$317,000 Zestimate®
$124/sqft
$1,797 Estimated rent
Home value
$317,000
$288,000 - $349,000
$1,797/mo
Zestimate® history
Owner options
List your home for rent
$1,797/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,797/mo
Rent Zestimate®
Refinance and save
$1,623/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,623/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Hiking trails
Zillow last checked:
Listing updated:
Listed by:
Gabe Paterson Home:231-633-3344,
REO-TCRandolph-233022 231-946-4040
Bought with:
Robert Brick, 6502134537
REMAX Bayshore - W Bay Shore Dr TC
Source: NGLRMLS,MLS#: 1923700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Multi Units
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Gas Water Heater
Features
- Drywall, Cable TV, High Speed Internet
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,178
- Total interior livable area: 2,178 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Waterfront features: None
Lot
- Size: 8,276 Square Feet
- Dimensions: 57 x 147
Details
- Additional structures: None
- Parcel number: 0507006300
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Common Area
- Subdivision: Brookside
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $278,600
- Annual tax amount: $5,877
- Price range: $270K - $270K
- Date on market: 6/19/2024
- Cumulative days on market: 148 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 |
|---|---|---|
| 11/14/2024 | Listing removed | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/12/2024 | Sold | $270,000-1.8%$124/sqft |
Source:  NGLRMLS #1923700 Report a problem | ||
| 11/7/2024 | Listed for rent | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/27/2024 | Price change | $275,000-8%$126/sqft |
Source: NGLRMLS #1923700 Report a problem | ||
| 8/28/2024 | Price change | $299,000-5.1%$137/sqft |
Source: NGLRMLS #1923700 Report a problem | ||
| 8/3/2024 | Price change | $315,000-4.5%$145/sqft |
Source: NGLRMLS #1923700 Report a problem | ||
| 7/9/2024 | Price change | $330,000-2.9%$152/sqft |
Source: NGLRMLS #1923700 Report a problem | ||
| 6/19/2024 | Price change | $340,000+47.8%$156/sqft |
Source: NGLRMLS #1923700 Report a problem | ||
| 5/27/2022 | Price change | $230,000-8%$106/sqft |
Source: NGLRMLS #1900211 Report a problem | ||
| 5/26/2022 | Listed for sale | $250,000-9.1%$115/sqft |
Source: NGLRMLS #1900211 Report a problem | ||
| 5/26/2022 | Listing removed | $275,000$126/sqft |
Source: NGLRMLS #1899577 Report a problem | ||
| 5/11/2022 | Listed for sale | $275,000+271.6%$126/sqft |
Source: NGLRMLS #1899577 Report a problem | ||
| 9/23/2011 | Sold | $74,000-1.6%$34/sqft |
Source: Agent Provided Report a problem | ||
| 8/24/2011 | Price change | $75,200-6%$35/sqft |
Source: MICHIGAN PROPERTIES NETWORK #1728563 Report a problem | ||
| 8/9/2011 | Price change | $80,000-7.4%$37/sqft |
Source: MICHIGAN PROPERTIES NETWORK #1728563 Report a problem | ||
| 7/9/2011 | Listed for sale | $86,400-11.9%$40/sqft |
Source: Michigan Properties Network #1728563 Report a problem | ||
| 12/15/2010 | Sold | $98,048-10.8%$45/sqft |
Source: Agent Provided Report a problem | ||
| 10/20/2010 | Listed for sale | $109,900$50/sqft |
Source: Real Estate One, Inc. #1721212 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,877 +5% | $139,300 +1.5% |
| 2024 | $5,594 +270.4% | $137,300 +10.3% |
| 2023 | $1,510 +3% | $124,500 +32.7% |
| 2022 | $1,466 -0.2% | $93,800 +9.6% |
| 2021 | $1,469 | $85,600 +11.2% |
| 2020 | -- | $77,000 +4.8% |
| 2019 | -- | $73,500 +6.7% |
| 2018 | -- | $68,900 +7.7% |
| 2017 | -- | $64,000 +1.7% |
| 2016 | -- | $62,900 +6.1% |
| 2014 | -- | $59,300 +27.8% |
| 2012 | -- | $46,400 -27.5% |
| 2011 | -- | $64,000 -5.9% |
| 2010 | -- | $68,000 -5.8% |
| 2009 | -- | $72,200 -1.1% |
| 2008 | -- | $72,970 +5.4% |
| 2007 | -- | $69,250 +17% |
| 2005 | -- | $59,200 -13.2% |
| 2004 | -- | $68,190 +3.9% |
| 2003 | -- | $65,640 +3.3% |
| 2002 | -- | $63,540 +172.2% |
| 2001 | -- | $23,340 -53.2% |
| 2000 | -- | $49,880 |
Find assessor info on the county website
Neighborhood: 49684
Nearby homes
- $267,7003 bd1 ba925 sqft3852 Brook Dr, Traverse City, MI 49684Off Market
- $241,7003 bd1 ba889 sqft3872 Brook Dr, Traverse City, MI 49684Off Market
- $260,0003 bd1 ba925 sqft3842 Brook Dr, Traverse City, MI 49684Sold
- $228,4002 bd1 ba698 sqft3882 Brook Dr, Traverse City, MI 49684Off Market
- $238,3002 bd1 ba894 sqft3832 Brook Dr, Traverse City, MI 49684Off Market
- $249,8002 bd1 ba1.3k sqft3892 Brook Dr, Traverse City, MI 49684Off Market
- $229,0002 bd1 ba768 sqft3863 Brook Dr, Traverse City, MI 49684Sold
- $105,0003 bd1 ba1.7k sqft3871 Brook Dr, Traverse City, MI 49684Sold
Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 1.5 mi
- 8/10West Senior HighGrades: 9-12Distance: 1.9 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 0.1 mi
Schools provided by the listing agent
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$317,000
2% more
+$6,340
With Zillow Showcase(estimated)
$323,340
- Michigan
- Grand Traverse County
- Traverse City
- 49684
- 3862 Brook Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Traverse City Topics
