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    Side-by-Side Duplex Opportunity Title is generated by Realmo AI

    505 SECOND STREET, Traverse City, MI 49684

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    Claim this Listing
    New
    For Sale
    $624,900

    multifamily - TRAVERSE CITY, MI

    Property size:
    2,503 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $249/SF
    Added:
    Jun 11, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 12 at 1:06 am

    Property Features for 505 SECOND STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Interior features
    OVEN/RANGE, OVEN/RANGE, HIGH SPEED INTERNET, CABLE TV, REFRIGERATOR, OVEN/RANGE, WASHER, DRYER, PANTRY, ENTRANCE FOYER, BOOKCASES, LAUNDRY: LAUNDRY HOOK-UP
    Standard status
    Active
    Size
    2,503 SF
    Lot size
    0.19 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Gravity, Natural Gas

    Building Details

    Year built
    1885
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Ben Street

    Listing agent Ben Street

    Listing office Schmidt Realtors 402 East Front Street, MI

    Listing date Jun 11, 2026

    MLS# 1946291 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.

    HighLights

    • Side‑by‑side duplex built in 1885 (not a converted single‑family home)
    • Each unit features 2 bedrooms, a full bath, and a large living room
    • Units include foyer entrance at the front plus a secondary rear entrance
    • Each unit has built‑in bookcases and access to a full basement
    • Unit B includes arched doorways and a dining room
    • Asphalt roof; natural gas gravity heat; laundry hookups, washer/dryer, refrigerator, and oven/range noted

    Overview

    This side-by-side duplex was built as a duplex and offers two distinct residential units. Each unit includes a large living room, a front foyer entrance, and a secondary rear entrance, along with two bedrooms and a full bath. Built-in bookcases add character and usable storage in both units, and each unit has access to a full basement. Unit B also features arched doorways and a dedicated dining room.

    The property is located in Traverse City and is described as walkable to beaches and the downtown area. Parking is available off the alley, and there is a garage on-site that is currently used for storage.

    As a for-sale income property, this duplex format supports straightforward unit separation with separate front and rear entries and full basements for additional day-to-day space. The off-alley parking and storage garage can help reduce tenant parking friction while keeping vehicles and common storage more organized for an owner or operator managing the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Dental Office Spa & Massage Center Law Firm Hair Salon Real Estate Agency 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
    -85.6311293
    Latitude
    44.7662299

    FAQs

    What type of property is this?
    Duplex - Well-designed duplex with two 2-bedroom units, full basements, and rear access plus alley parking and storage garage.
    Where is this duplex located?
    The property is located at 505 SECOND STREET Traverse City, MI.
    What is the asking price?
    The asking price for this property is $624,900.
    What are key features of this property?
    This property features: Side‑by‑side duplex built in 1885 (not a converted single‑family home); Each unit features 2 bedrooms, a full bath, and a large living room; Units include foyer entrance at the front plus a secondary rear entrance
    More about this property
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