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Remodeled 4-Plex with Flexible Use
For Sale
$1,700,000

607 W Front St, Traverse City, MI 49684

Fully remodeled 4-plex offers multiple unit configurations and flexible C-2 zoning for a variety of commercial and housing uses.

Property Size2,245 SF
Price / SF$757.24
Days on Market140

Property Features for 607 W Front St

General Information

Standard status Active
Size 2,245 SF
Property subtype Multi-Family
Zoning C-2

Additional Details

Multifamily Units 4

Building Details

Year Built 1895
Year Renovated 2021
Tenancy Multi
Listing Agency: Century 21 Signature Realty
Listed By: Nonkhane Nonnie Saycosie · License #6501436280
Source: Vmrealestatemichigan
Added: Apr 25 Changed: Sep 9 Last Checked: Sep 10 at 10:32AM

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 Century 21 Signature Realty

Investment Insights

Based on property information with market context.

Built on a historic 1895 Victorian structure and fully remodeled in 2021, this property is configured as a 4-plex with four self-contained residential-style units. The unit mix includes one 1-bedroom/1-bath, one 2-bedroom/1-bath, one upper 1-bedroom/1-bath, and one additional 1-bedroom/1-bath. In addition to standard living accommodations, two units feature built-in Murphy beds, and all units include full-size pull-out sofas. Internal connecting doors allow the layout to function as a larger combined rental configuration for group stays.

The property is located at 607 W Front St in Traverse City and is designated within a C-2 Commercial Zone. According to the provided information, buyers are advised to verify development specifics with local planning departments, including the stated possibility of vertical expansion up to 45 feet due to the site’s elevated layout.

For tenants, buyers, or operators looking for a flexible setup, the combination of multiple unit configurations and the ability to consolidate the building can support both standard multi-unit occupancy and larger group-oriented rentals. The C-2 zoning also provides broader flexibility than typical residential-only use, and the property’s walkability and bike-friendliness are reflected in the supplied Walk Score and Bike Score.

Key Highlights

  • 1895 Victorian fully remodeled in 2021, with full city approvals
  • 4‑plex at 607 W Front St in downtown Traverse City with C‑2 Commercial zoning
  • Unit mix: one 1 bed/1 bath, one 2 bed/1 bath, one upper 1 bed/1 bath, and one additional 1 bed/1 bath

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Daycare Center

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,789
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Fully remodeled 4-plex offers multiple unit configurations and flexible C-2 zoning for a variety of commercial and housing uses.
Where is this quadplex located?
The property is located at 607 W Front St Traverse City, MI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 1895 Victorian fully remodeled in 2021, with full city approvals; 4‑plex at 607 W Front St in downtown Traverse City with C‑2 Commercial zoning; Unit mix: one 1 bed/1 bath, one 2 bed/1 bath, one upper 1 bed/1 bath, and one additional 1 bed/1 bath
More about this property
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