Income-Generating Duplex with
316 Huron St Traverse City, MI 49686
For Sale
$550,000
Well-maintained two-unit main structure plus a separate one-bedroom cottage provides three rental units.
Days on Market16
Property Features for 316 Huron St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1937
Listing Agency:
Re/max Bayshore Properties
(231) 313-0591
Listed By:
Jennifer Gaston · License #6501397898
Source:
Elliman
Added: Jul 10
Changed: Jul 23
Last Checked: Jul 24 at 11:21AM
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 Re/max Bayshore Properties
Investment Insights
Based on property information with market context.
This property is a well-maintained duplex configuration that includes three income-producing units. Unit A is on the main level and offers 3 bedrooms and 1 bathroom, along with an attached two-car garage. Unit B is on the upper level and includes 2 bedrooms and 1 bathroom, with in-unit laundry and a private deck. A separate, non-conforming cottage (Unit C) provides an additional 1-bedroom, 1-bath unit.
The property is located at the base of Old Mission Peninsula in an in-town Traverse City neighborhood. It is described as being two blocks from East Bay Beach, with convenient access to Northern Michigan College, Eastern Elementary, Central High School, downtown Traverse City, shopping, restaurants, beaches, and the TART Trail.
The duplex layout also has the option to be converted back to a single-family home, offering flexibility for buyers seeking either continued rental income or an owner-occupant setup.
The property is located at the base of Old Mission Peninsula in an in-town Traverse City neighborhood. It is described as being two blocks from East Bay Beach, with convenient access to Northern Michigan College, Eastern Elementary, Central High School, downtown Traverse City, shopping, restaurants, beaches, and the TART Trail.
The duplex layout also has the option to be converted back to a single-family home, offering flexibility for buyers seeking either continued rental income or an owner-occupant setup.
Key Highlights
- Year built 1937 duplex with three income‑producing units: two‑unit main structure plus a separate non‑conforming 1BD/1BA cottage
- Current gross rental income of $4,790 per month with a proven rental history
- Unit A (main level): 3BD/1BA with an attached two‑car garage
Property Analytics
Location Intelligence
Current Use by Public Records
Xperinces Mobile
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Triplex - Well-maintained two-unit main structure plus a separate one-bedroom cottage provides three rental units.
Where is this triplex located?
The property is located at 316 Huron St Traverse City, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Year built 1937 duplex with three income‑producing units: two‑unit main structure plus a separate non‑conforming 1BD/1BA cottage; Current gross rental income of $4,790 per month with a proven rental history; Unit A (main level): 3BD/1BA with an attached two‑car garage
