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Furnished Short-Term Rental Condo
For Sale
Contact for pricing
Pending

224 E State St, Traverse City, MI 49684

Furnished condo with private laundry, stainless appliances, and a stocked kitchen.

Property SizeContact for details
Days on Market145

Property Features for 224 E State St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Furnished Yes

Amenities

stainless appliances
private laundry
smart TVs

Building Details

Year Built 2021
Listing Agency: Verity Real Estate
Listed By: Joshua Croff · License #6505418759
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Sep 1 at 8:34PM

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 Verity Real Estate

Investment Insights

Based on property information with market context.

This third-floor condominium offers one bedroom, one bathroom, and a furnished interior arranged for short-term stays. The residence includes a king bed, fold-out sofa, stainless appliances, a stocked kitchen, private laundry, and smart TVs in both the bedroom and living area. Sleeping accommodations are provided for up to four guests. Built in 2021, the unit also has an established rental history.

The property is located at 224 E State St in downtown Traverse City, near the water’s edge and within walking distance of restaurants, bars, beaches, and festivals. Its central setting combines a compact residential layout with furnishings and in-unit features suited to visitor accommodations.

Key Highlights

  • One‑bedroom, one‑bathroom condominium on the 3rd floor
  • Furnished interior with king bed and fold‑out sofa; sleeps four total
  • Stainless appliances, stocked kitchen, private laundry, and smart TVs

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,080
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished condo with private laundry, stainless appliances, and a stocked kitchen.
Where is this short term rental property located?
The property is located at 224 E State St Traverse City, MI.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom condominium on the 3rd floor; Furnished interior with king bed and fold‑out sofa; sleeps four total; Stainless appliances, stocked kitchen, private laundry, and smart TVs
(231) 342-8777 Call to check price and availability
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