Short Term Rental

Traverse City, MI Short Term Rental Properties for Sale

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8 properties
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Mixed-Use Property with Furnished Residences
Updated: Oct 8
Mixed-Use Property with Furnished Residences

902 W Front, Traverse City, MI 49684

$4,150,000
12,870 sqft 0.22 AC lot
12,870 square feet on a 0.22‑acre lot
Nine units with individual tax IDs
Residential mix: four 2‑bedroom, 2‑bath units and four 1‑bedroom, 1‑bath units
Eight furnished residential units eligible for short‑term rental use by right and license
First‑floor commercial unit leased through the end of 2027
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Waterfront Cottage Rental Property
Updated: Sep 2
Waterfront Cottage Rental Property

4256 N Spider Lake Road, Traverse City, MI 49696

$699,900
1,456 sqft 0.43 AC lot
Two cottages with 1,456 square feet combined on 0.43 acres
One cottage has 1 bedroom and 1 bathroom; the second has 2 bedrooms, 1 bathroom, a sunroom, and a lakeside deck
Spider Lake waterfront with sandy beach
Cabin Court designation exempts the property from local short‑term rental restrictions
Mini‑split heating and cooling; private water service
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Remodeled Victorian Quadplex
Remodeled Victorian Quadplex

607 W Front Street, Traverse City, MI 49684

$1,600,000
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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Mixed-Use Building with Furnished Residences
Mixed-Use Building with Furnished Residences

Traverse City, MI 49684

$4,150,000
12,870 sqft

Eight furnished residential units accompany a leased ground-floor commercial space.

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Renovated Furnished Duplex
Renovated Furnished Duplex

509 Rose Street, Traverse City, MI 49686

$389,000
977 sqft 0.05 AC lot

Two permitted short-term rental units offer furnished accommodations near downtown Traverse City and the waterfront.

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Furnished Rental Resort Property
Furnished Rental Resort Property

2960 Arbutus Hill Road, Traverse City, MI 49696

$3,800,000
36.50 AC lot

Resort property with furnished accommodations, a main residence, and direct Garfield Road frontage on 36.5 acres.

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

607 W Front St, Traverse City, MI 49684

$1,600,000
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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Waterfront Short-Term Rental Cottages
Waterfront Short-Term Rental Cottages

4256 North Spider Lake Road, Traverse City, MI 49696

$699,900

Two furnished lakefront cottages offer flexible vacation rental, owner-use, and multigenerational living options.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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.

Cottage Resort Near Bay
Cottage Resort Near Bay

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
4,000 sqft 5.88 AC lot

Restored cottage accommodations with shared outdoor gathering areas and public beach access across the street.

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Restored Cottage Court Resort
Restored Cottage Court Resort

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
4,000 sqft 5.88 AC lot

Waterfront-area hospitality property with individually renovated cottages, shared guest amenities, and an on-site owners’ residence.

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Victorian Triplex
Victorian Triplex

118 E State Street, Fife Lake, MI 49633

$309,900
3,216 sqft 0.11 AC lot

Three rental units overlook Fife Lake, with a deck, porch, and patio adding outdoor space.

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Historic Triplex With Lake Views
Historic Triplex With Lake Views

118 E State St, Fife Lake, MI 49633

$309,900
3,216 sqft

Built in 1886, this triplex has three rental units and an expansive deck overlooking Fife Lake.

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Traverse City, MI Short Term Rental Properties Market Trends and Statistics

Explore 8 short term rental properties for sale in Traverse City, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 32,663 square feet of properties for sale, with an estimated market value of $17,088,800.

Sale prices for short term rental properties in Traverse City, MI start at $389,000, averaging $2,136,100, and reaching up to $4,150,000 — 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

Short term rental properties 8
Quadplexes 6
Duplexes 4
Apartment buildings 3
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
49686 $389K
49685 $449.9K
49684 $1.6M
49696 $1.7M

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)

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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