Duplex with Three-Stall
For Sale
$599,900
131 N Spruce, Traverse City, MI 49684
Two separate living spaces provide flexible residential income and household accommodation.
Property Size508 SF
Days on Market10
Property Features for 131 N Spruce
General Information
Standard status
Active
Size
508 SF
Total Parking Spaces
3
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,799
Building Details
Building Size
508 SF
Year Built
1890
Buildings
1
Units
2
Listed By:
Janel Brown · License #6501287459
(231) 313-1922
Source:
Elliman
Added: Sep 4
Last Checked: Sep 13 at 7:07AM
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 Janel Brown
Investment Insights
Based on property information with market context.
This duplex at 131 N Spruce in Traverse City, Michigan, includes two distinct residences with separate entrances, kitchens, and bathrooms. The primary home has refinished hardwood floors and an updated bathroom, while the second residence can support rental use, guests, family members, caregiving, or dedicated workspace. A three-stall garage adds substantial utility, including one bay with a raised door for boat storage. The property also includes a large concrete parking pad suitable for additional vehicles or a trailer.
Outdoor features include a spacious yard bordered by mature trees and a patio positioned to receive afternoon sun. Built in 1890, the property is near multiple parks, the TART Trail, and a beach, with local food and grocery destinations within walking distance. Walk Score is 78 and Bike Score is 92.
Outdoor features include a spacious yard bordered by mature trees and a patio positioned to receive afternoon sun. Built in 1890, the property is near multiple parks, the TART Trail, and a beach, with local food and grocery destinations within walking distance. Walk Score is 78 and Bike Score is 92.
Key Highlights
- Two residences, each with its own entrance, kitchen, and bath
- Three‑stall garage with a raised door in one bay for boat storage
- Large concrete parking pad accommodates additional vehicles or a trailer
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,323
Businesses Nearby
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces provide flexible residential income and household accommodation.
Where is this duplex located?
The property is located at 131 N Spruce Traverse City, MI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two residences, each with its own entrance, kitchen, and bath; Three‑stall garage with a raised door in one bay for boat storage; Large concrete parking pad accommodates additional vehicles or a trailer
