Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.
For sale
Price cut: $100K (9/28)
$1,600,000
607 W Front St, Traverse City, MI 49684
4beds
2,245sqft
Multi Family
Built in 1895
-- sqft lot
$1,516,700 Zestimate®
$713/sqft
$-- HOA
What's special
Built-in murphy bedsElevated site layoutFull-size pull-out sofas
- 136 days
- 350
- 11
Zillow last checked:
Listing updated:
Listed by:
Nonkhane Nonnie Saycosie 989-397-7346,
Century 21 Signature Realty 989-921-7000
Source: MiRealSource,MLS#: 50208734
Originating MLS: Saginaw Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Laundry
Kitchen
- Features: Eat-in Kitchen
Heating
- Boiler
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Laundry: First Floor Laundry
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 2,245
- Total interior livable area: 2,245 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Driveway
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 8,276 Square Feet
- Dimensions: 50 x 166
- Features: Main Street
Details
- Parcel number: 5165408000
- Zoning description: Commercial,Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Year built: 1895
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Private Entry
- Subdivision: Hannah Lay & Co's
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $713/sqft
- Tax assessed value: $956,800
- Annual tax amount: $19,271
- Date on market: 5/23/2026
- Cumulative days on market: 137 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership type: LLC
Estimated market value
$1,516,700
$1.44M - $1.59M
$2,970/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $1,600,000-5.9%$713/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $1,700,000+36%$757/sqft |
Source: | ||
| 8/3/2023 | Listing removed | $1,250,000$557/sqft |
Source: | ||
| 2/2/2023 | Listed for sale | $1,250,000-26.3%$557/sqft |
Source: | ||
| 8/19/2022 | Listing removed | $1,695,000$755/sqft |
Source: | ||
| 4/28/2022 | Listed for sale | $1,695,000$755/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,305 +6.7% | $478,400 +3.3% |
| 2024 | $17,156 +4.8% | $463,000 +13.9% |
| 2023 | $16,369 +287% | $406,500 +36% |
| 2022 | $4,230 -5.3% | $298,800 +22% |
| 2021 | $4,467 +1% | $244,900 +15.7% |
| 2020 | $4,422 | $211,600 +12.6% |
| 2019 | $4,422 +1.7% | $188,000 +2.8% |
| 2018 | $4,350 | $182,900 +70.9% |
| 2017 | -- | $107,000 +0.8% |
| 2016 | -- | $106,200 +9.8% |
| 2014 | -- | $96,700 +20.4% |
| 2012 | -- | $80,300 -10% |
| 2011 | -- | $89,200 -7.6% |
| 2010 | -- | $96,500 -5.5% |
| 2009 | -- | $102,100 0% |
| 2008 | -- | $102,110 +0.3% |
| 2007 | -- | $101,820 +17.4% |
| 2005 | -- | $86,760 |
| 2004 | -- | $86,760 +0.8% |
| 2003 | -- | $86,110 +1.3% |
| 2002 | -- | $85,010 +50.6% |
| 2001 | -- | $56,450 +3.6% |
| 2000 | -- | $54,470 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49684
Nearby schools
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






