Multifamily Land
For Sale
$740,000
2624 Hartman Road, Traverse City, MI 49685
LAND - Traverse City, MI
Property SizeContact for details
Lot Size5.25 Acres
Days on Market190
Property Features for 2624 Hartman Road
General Information
Property type
Land
Property subtype
Other
Zoning
Multi-Family
Zoning description
Multi-Family
Lot features
Level, Sloping, Cleared, Wooded, Level, Sloping, Cleared, Wooded
Elementary school
Sabin Elementary School
Elementary school district
Traverse City Area Public Schools
Middle school district
Traverse City Area Public Schools
High school district
Traverse City Area Public Schools
Directions
South of S. Aiprort on Cass. Right on Hartman. Property on right
Subdivision
Grand Traverse
Standard status
Active
Lot size
5.25 Acres
Taxes and HOA fees
Tax Description
GA 304-C PART OF S 1/2 OF SE 1/4 OF SW 1/4 COM AT PT 624' E OF SW COR TH N 40 RD TH W 20 RD TH S 40 RD TH E 20 RD TO POB SEC 22 T27N R11W 5 A.
Legal Description
GA 304-C PART OF S 1/2 OF SE 1/4 OF SW 1/4 COM AT PT 624' E OF SW COR TH N 40 RD TH W 20 RD TH S 40 RD TH E 20 RD TO POB SEC 22 T27N R11W 5 A.
Listing Agency:
Keller Williams Northern Michigan · Keller Williams Realty
(231) 947-8200
Listed By:
Hannah Matthews · License #6501340099
(231) 633-0039
Added: Jan 27
Changed: Jul 2
Last Checked: Aug 5 at 10:06PM
MLS# 1941897
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale land parcel is located in Garfield Township and has recently been rezoned to R-3. The listing estimates the property could support approximately 20 to 24 apartment units, and associated documents are referenced for potential layouts.
The site includes existing well and septic, and municipal services are described as being very close by. Renters currently occupy the property, so prospective buyers will need to arrange showings using Realtor and Showingtime.
In addition to the R-3 multifamily context, the remarks note this is not considering expansion on remaining acreage that may require special use permitting. The property is also cross-listed under single-family and income property entries.
The site includes existing well and septic, and municipal services are described as being very close by. Renters currently occupy the property, so prospective buyers will need to arrange showings using Realtor and Showingtime.
In addition to the R-3 multifamily context, the remarks note this is not considering expansion on remaining acreage that may require special use permitting. The property is also cross-listed under single-family and income property entries.
Key Highlights
- Recently rezoned to R‑3 for potential apartment use (20–24 units estimated).
- Garfield Township location, minutes to everything TC has to offer.
- On‑site well and septic currently installed; municipal services are close by.
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 49685, MI
20,856
Population
9,395
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
385
Density / Sq Mi
$82,639
Median Household Income
$45,783
Median Earnings
$1,338
Median Rent
$309,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5.25-acre parcel in Garfield Township with a permitted R-3 rezoning and existing well and septic.
Where is this residential land & home lot located?
The property is located at 2624 Hartman Road Traverse City, MI.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Recently rezoned to R‑3 for potential apartment use (20–24 units estimated).; Garfield Township location, minutes to everything TC has to offer.; On‑site well and septic currently installed; municipal services are close by.
