517 S Oak St Traverse City, MI 49684
New
Four-unit property near downtown Traverse City with individual metering.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 7:55 pm
Property Features for 517 S Oak St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agent Sarah Bailey (231) 360-1099
Listing office Coldwell Banker Schmidt Family Of Companies (231) 360-1099
Listing date Apr 24, 2026
Source Elliman
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 Coldwell Banker Schmidt Family Of Companies
Overview
Traverse City Fourplex Near Downtown
This fourplex is situated within walking distance of the shops, restaurants, and amenities of downtown Traverse City. The property contains four units, each featuring one bedroom and one bathroom. Two units are located on the main level, and two are on the upper level, with all units having private entrances. A shared coin-operated laundry room is available in the basement for tenant use. Each unit is individually metered for gas and electric, offering the option for a future owner to modify utility responsibilities. Each unit is allocated one parking space. Rents currently include utilities, with the landlord covering electricity, natural gas/propane, water and sewer, trash collection, and recycling. The location has a bike score of 92, indicating it is a biker's paradise, and a walk score of 78, signifying it is very walkable.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6304101
- Latitude
- 44.7586408
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FAQs
What type of property is this?
Quadplex - Four-unit property near downtown Traverse City with individual metering.
Where is this quadplex located?
The property is located at 517 S Oak St Traverse City, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location: Short walk to downtown Traverse City shops, restaurants, and amenities.; Four individual units: Each with 1 bedroom, 1 bathroom, and private entrance.; Individually metered units: Gas and electric meters for each unit allow for flexible utility management.
