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517 S Oak St Traverse City, MI 49684

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Sponsored
For Sale
$475,000

multifamily - TRAVERSE CITY, MI

Property size:
2,158 SF
Lot size:
0.10 Acres
Days on Market:
2
Last Refresh:
Mar 13 at 1:06 am

Property Features for 517 S Oak St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Interior features
FREEZER, NONE, REFRIGERATOR, OVEN/RANGE, OVEN/RANGE, OVEN/RANGE
Size
2,158 SF
Lot size
0.10 Acres

Utilities

Heating system
Natural Gas, Wall Furnace

Building Details

Year built
1900
Roof type
Other
Architectural style
Other

We can help!

Listing Contact
Sarah Bailey

Coldwell Banker Schmidt Family Of Companies

Listing agent Sarah Bailey (866) 603-5140

Listing date Mar 12, 2026

MLS# 1942885 Listing URL

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Traverse City Fourplex Investment Opportunity

This fourplex is situated within walking distance of the shops, restaurants, and amenities of downtown Traverse City. The property contains four units, each featuring one bedroom and one bathroom. Two units are located on the main level, and two are on the upper level, with all units having private entrances. A shared, coin-operated laundry room is available in the basement for tenant use. Each unit is individually metered for gas and electric, offering the option for a future owner to modify utility responsibilities. Each unit includes one parking space. The landlord currently pays for electricity, natural gas/propane, water and sewer, trash collection, and recycling. The property is located on a 0.1-acre lot and the building size is 2158 square feet.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Law Firm Dental Office Spa & Massage Center Real Estate Agency Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Traverse City
County
Grand Traverse
State
Michigan
Longitude
-85.6303653
Latitude
44.7586225

FAQs

What type of property is this?
Quadplex - Fourplex near downtown Traverse City with individual unit metering.
Where is this quadplex located?
The property is located at 517 S Oak St Traverse City, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: - Highly desirable, walkable location near downtown Traverse City shops, restaurants, and amenities.; - Four individual units, each with 1 bedroom and 1 bathroom, providing consistent rental income potential.; - Each unit has a private entrance.
More about this property
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