Turn-Key Duplex with Separate
For Sale
$424,900
3434 & 3436 Mahoney Dr, Traverse City, MI 49686
Freshly updated vacant unit paired with a tenant-in-place setup, plus separate garages for improved privacy.
Property Size936 SF
Lot Size1.00 Acre
Days on Market64
Property Features for 3434 & 3436 Mahoney Dr
General Information
Standard status
Active
Size
936 SF
Lot size
1.00 Acre
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Building Size
936 SF
Year Built
1989
Units
2
Tenancy
Multi
Listing Agency:
The Mitten Real Estate Group
(231) 499-9495
Listed By:
Ben Phillips
(231) 499-9495
Source:
Elliman
Added: Jun 7
Changed: Aug 7
Last Checked: Aug 9 at 10:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mitten Real Estate Group
Investment Insights
Based on property information with market context.
This turn-key duplex is set up for immediate occupancy, with one side already tenant-occupied and the other freshly updated. The vacant unit has new paint and light fixtures, along with a whole kitchen remodel. Both units have separate garages positioned in the center of the duplex, helping eliminate shared living walls and reduce noise between sides.
Updates include new windows installed in the rented unit in 2019 and mechanicals updated in both units in 2019. Culligan iron sulfur buster water systems were installed in 2019 in both units and are owned. The property is served by a private well and septic system that services both units, and it sits on more than an acre lot with yard space for tenant enjoyment.
The configuration supports multiple living and income scenarios, including living in one side while renting the other, multi-generational use, or operating it as a residential income property. With a convenient drive to Traverse City and nearby access to Spider and Arbutus Lake, it can fit tenants or owner-occupants looking for a practical, flexible duplex with straightforward, serviceable utilities.
Updates include new windows installed in the rented unit in 2019 and mechanicals updated in both units in 2019. Culligan iron sulfur buster water systems were installed in 2019 in both units and are owned. The property is served by a private well and septic system that services both units, and it sits on more than an acre lot with yard space for tenant enjoyment.
The configuration supports multiple living and income scenarios, including living in one side while renting the other, multi-generational use, or operating it as a residential income property. With a convenient drive to Traverse City and nearby access to Spider and Arbutus Lake, it can fit tenants or owner-occupants looking for a practical, flexible duplex with straightforward, serviceable utilities.
Key Highlights
- 1989‑built duplex with tenant already in place on one side and freshly updated vacant side with new paint, light fixtures, and whole kitchen remodel
- Each unit has a separate garage located in the center of the duplex, with no shared walls and improved privacy
- New windows were installed in the rented unit in 2019; mechanicals updated in both units in 2019
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Freshly updated vacant unit paired with a tenant-in-place setup, plus separate garages for improved privacy.
Where is this duplex located?
The property is located at 3434 & 3436 Mahoney Dr Traverse City, MI.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 1989‑built duplex with tenant already in place on one side and freshly updated vacant side with new paint, light fixtures, and whole kitchen remodel; Each unit has a separate garage located in the center of the duplex, with no shared walls and improved privacy; New windows were installed in the rented unit in 2019; mechanicals updated in both units in 2019
