Quadplex

Traverse City, MI Quadplexes for Sale

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6 properties
Waterfront Quadplex With Cottages
Updated: Aug 30
Waterfront Quadplex With Cottages

9321 N Long Lake Road, Traverse City, MI 49684

$1,899,000
1,169 sqft 1.13 AC lot
1.13‑acre property with 143 feet of private sandy beach frontage on Long Lake
Quadplex classification with a main residence and separate cottages
Boathouse provides storage for recreational equipment and lawn tools
Cottage‑style improvements include brick construction, loft, fireplace, and asphalt roof
Located at 9321 N Long Lake Road, Traverse City, MI 49684
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Updated Quadplex with Garage
Updated: Apr 23
Updated Quadplex with Garage

1627 Rasho Road, Traverse City, MI 49696

$849,000
5,008 sqft 1.10 AC lot
4‑unit layout with three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
5,008 square feet on 1.1 acres at 1627 Rasho Road
2023/2024 updates include flooring, appliances, lighting, paint, HVAC units, and 3 new water heaters
New asphalt roof installed in February 2024
Detached 5‑stall garage with adjacent deck area and landscaped lawn
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Remodeled Victorian Quadplex
Remodeled Victorian Quadplex

607 W Front Street, Traverse City, MI 49684

$1,700,000
2,245 sqft 0.19 AC lot

C-2 commercial zoning supports flexible residential and commercial use potential in downtown Traverse City.

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See what stands out in Grand Traverse County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Remodeled 4-Plex with Flexible Use
Remodeled 4-Plex with Flexible Use

607 W Front St, Traverse City, MI 49684

$1,700,000
2,245 sqft

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

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Four-Unit Property Near Downtown
Four-Unit Property Near Downtown

1055 E Front Street, Traverse City, MI 49686

$539,900
0.19 AC lot

Four residential units feature private entrances, rear parking, and proximity to downtown Traverse City and the East Bay waterfront.

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Updated Four-Unit Multifamily Property
Updated Four-Unit Multifamily Property

Traverse City, MI 49696

$849,000

Four-unit property near Timber Ridge with recent updates.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Quadplex with Newer Roof
Updated Quadplex with Newer Roof

409 3rd St, Algoma, WI 54201

$299,900
2,800 sqft 0.21 AC lot

Four-unit property with C-1 zoning, recent unit improvements, and a combination of heating systems.

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Quadplex with Updated Units
Quadplex with Updated Units

409 3RD Street, Algoma, WI 54201

$299,900
2,800 sqft

Four-unit quadplex zoned C-1 with recent unit updates and forced-air heating.

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Lakefront Cottage Quadplex
Lakefront Cottage Quadplex

3551 W Otsego Lake Dr, Gaylord, MI 49735

Contact for pricing
3,169 sqft 2.40 AC lot

Four cottages on sandy Otsego Lake frontage, featuring a shared storage garage and private water and septic systems.

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Quadplex With Office Building
Quadplex With Office Building

2258 S Otsego Avenue, Gaylord, MI 49735

$289,000

C2-zoned property combines a fourplex rental building with an office and rental component.

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Traverse City, MI Quadplexes Market Trends and Statistics

Explore 6 quadplexes for sale in Traverse City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 10,667 square feet of properties for sale, with an estimated market value of $7,536,900.

Sale prices for four-unit buildings in Traverse City, MI start at $539,900, averaging $1,256,150, and reaching up to $1,899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 11
Short term rental properties 8
Quadplexes 6
Apartment buildings 2
Triplexes 2

Demographics Overview

Population 78K
Population Growth (5Y) -35.5%
Median Household Income $78,889
College Educated 59.4%

High-Yield Neighborhoods for Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49696 $849K
49684 $1.8M

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $71.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Grand Traverse County

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Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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