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Off market
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  • $1,186,900

    421 E State St, Traverse City, MI 49686

    --beds
    0baths
    5,040sqft
    MultiFamily
    Built in 1978
    -- sqft lot
    $1,186,900 Zestimate®
    $235/sqft
    $1,753 Estimated rent

    Home value

    $1,186,900

    $1.03M - $1.39M

    $1,753/mo

    Zestimate® history
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    $1,753/mo

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    Rent Zestimate®

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    $5,760/mo

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    $5,760/mo

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    What's special

    Boardman river

    Six unit apartment building, three levels, one lower unit is handicapped accessible. 19 x 60 steel carport; Individual gas furnaces, water heaters, gas & electric meters, AC wall units. 66 ft Frontage on State St. and also has rear alley access, which also serves the commercial properties on Front St. Short Term Rentals not allowed. 2 Bedrooms, Living Rm., Kitchen and 1 bath in each unit. Walkable to Downtown 1 block; Park Place 1.5 blocks, Boardman River 1.5 blocks. 2 Units will be left vacant as of Sept 17, to facilitate sale. Newer rentals will be at $750 month for $54,000 gross income at 100% occupancy. Some below market rentals result of tenant longevity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 5,040 sqft

    Property

    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 5179801600

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1978

    Community & neighborhood

    Location
    • Region: Traverse City

    Price history

    DateEventPrice
    12/22/2021Listing removed--
    Source: Real Estate One Report a problem
    9/18/2021Listed for sale$750,000$149/sqft
    Source: Real Estate One #1893082 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,172 +9.2%$541,300 +7.4%
    2024$23,042 +4.8%$503,800 +16.2%
    2023$21,985 +186.7%$433,600 +8%
    2022$7,668 +1.1%$401,300 +44.6%
    2021$7,584 +0.8%$277,600 +14.8%
    2020$7,521 $241,800 +17.1%
    2019$7,521 +2.2%$206,500 +9.6%
    2018$7,359 $188,400 +7%
    2017-- $176,100 +6.4%
    2016-- $165,500 +0.5%
    2014-- $164,600 +22.7%
    2012-- $134,100 +5.9%
    2011-- $126,600 -0.7%
    2010-- $127,500 -13.7%
    2009-- $147,700 0%
    2008-- $147,720

    Find assessor info on the county website

    Neighborhood: Boardman

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Traverse City

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

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    An equal housing lender. NMLS #10287.

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    $1,186,900
    2% more
    +$23,738
    With Zillow Showcase(estimated)
    $1,210,638