615 Grant Street offers a rare opportunity to build in one of Traverse City’s in-town locations. This vacant parcel is ideally situated just minutes from downtown Traverse City, putting restaurants, coffee shops, beaches, parks, shopping, and the TART Trail all within easy reach. Whether you envision a custom single-family home or a duplex investment property, this lot offers flexibility and outstanding potential in a growing area where buildable land is becoming increasingly difficult to find. The property may be purchased for $125,000 with the requirement that the buyer use Griggs Construction Services for the build. Buyers also have the option to purchase the lot outright for $175,000 and use the builder of their choice. Whether you’re a future homeowner, investor, or builder, this is an exceptional opportunity to create something special in the heart of Traverse City.
Lot/land
Price increase: $50K (5/23)
$125,000
615 Grant St, Traverse City, MI 49686
--beds
--baths
5,662Square Feet
Unimproved Land
Built in ----
5,662 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 46 days |
- 254 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Gaston 231-313-0591,
REMAX Bayshore - Union St TC 231-941-4500
Source: NGLRMLS,MLS#: 1945634
Facts & features
Property
Features
- Exterior features: None
- Waterfront features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 165 x 36
- Features: Level
Details
- Parcel number: 285177819230
- Zoning description: Residential,Multi-Family,Platted Subdivision
Utilities & green energy
- Sewer: Public Sewer, None
- Water: Public, None
- Utilities for property: Electricity Available, Natural Gas Available, Cable Available, Cable Internet
Community & HOA
Community
- Features: None
- Subdivision: OAK HEIGHTS
Location
- Region: Traverse City
Financial & listing details
- Tax assessed value: $79,100
- Annual tax amount: $632
- Price range: $125K - $125K
- Date on market: 5/23/2026
- Cumulative days on market: 47 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Price change | $175,000+40% |
Source: | ||
| 5/23/2026 | Listed for sale | $125,000+56.3% |
Source: | ||
| 7/2/2012 | Sold | $80,000-41.1% |
Source: | ||
| 8/13/2011 | Price change | $135,900-8.8% |
Source: Schmidt, Realtors #1720695 Report a problem | ||
| 8/7/2011 | Price change | $149,000-6.3% |
Source: Schmidt, Realtors #1720695 Report a problem | ||
| 6/27/2011 | Price change | $159,000-5.9% |
Source: Schmidt, Realtors #1720695 Report a problem | ||
| 10/8/2010 | Price change | $169,000+182.1% |
Source: Coldwell Banker Schmidt REALTORS #1720695 Report a problem | ||
| 6/2/2008 | Listed for sale | $59,900 |
Source: Coldwell Banker** #1691696 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $616 +6.7% | $75,000 +20% |
| 2024 | $577 | $62,500 +116.3% |
| 2023 | -- | $28,900 -79% |
| 2022 | $5,832 +1.1% | $137,300 +26.8% |
| 2021 | $5,768 -2.9% | $108,300 +0.7% |
| 2020 | $5,940 | $107,500 +0.1% |
| 2019 | $5,940 +6.2% | $107,400 +5.4% |
| 2018 | $5,592 | $101,900 +2.2% |
| 2017 | -- | $99,700 +3% |
| 2016 | -- | $96,800 -7.5% |
| 2014 | -- | $104,600 +45.9% |
| 2012 | -- | $71,700 -0.6% |
| 2011 | -- | $72,100 -7.1% |
| 2010 | -- | $77,600 -2.9% |
| 2009 | -- | $79,900 +2% |
| 2008 | -- | $78,340 -31.8% |
| 2007 | -- | $114,940 +9.3% |
| 2005 | -- | $105,150 +29.4% |
| 2004 | -- | $81,290 +5.4% |
| 2003 | -- | $77,120 +3.8% |
| 2002 | -- | $74,280 +32.2% |
| 2001 | -- | $56,170 +21.4% |
| 2000 | -- | $46,280 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Traverse Heights
Nearby schools
GreatSchools rating
- 5/10Traverse Heights Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 1.1 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 4 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.
A local agent can set up tours, give advice and negotiate with sellers.




