Short Term Rental

Traverse City, MI Short Term Rental Properties for Sale

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6 properties
Fully Remodeled 4-Plex in C-2
Updated: May 23
Fully Remodeled 4-Plex in C-2

607 W Front Street, Traverse City, MI 49684

$1,700,000
2,245 sqft 0.19 AC lot
Fully remodeled 4‑plex in a C‑2 Commercial Zone at 607 West Front St, built in 1895 (Victorian).
4 units total: Unit 1 (1 bed/1 bath), Unit 2 (2 bed/1 bath), Unit 3 (1 bed/1 bath), Unit 4 (1 bed/1 bath).
Remodeled top‑to‑bottom in 2021 with full city approvals.
Layout flexibility: two units have built‑in Murphy beds; all units include full‑size pull‑out sofas.
Utilities/amenities included: public water; appliances include refrigerator, range/oven, microwave, dishwasher, washer and dryer.
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Duplex with Attached Garages
Updated: May 22
Duplex with Attached Garages

284 Astro Drive, Traverse City, MI 49685

$449,900
2,304 sqft 0.90 AC lot
Duplex in Traverse City area with two 2‑bedroom units, each with an attached garage
Almost 1 acre property with sprinkler system
Recently updated interiors including paint, flooring, bathrooms, and appliances
Both units fully furnished and ready for move‑in
Appliances included: refrigerator, oven/range, disposal, dishwasher, microwave, washer, and dryer
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Zoned Regional Business Development Land
Zoned Regional Business Development Land

1470 US-31 N, Traverse City, MI 49686

$499,000
1,000 sqft 0.66 AC lot

0.66-acre commercial land zoned Regional Business with existing cabins and storage for office, retail, or rentals.

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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

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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Duplex with Attached Garages
Duplex with Attached Garages

Traverse City, MI 49685

$449,900

Two updated two-bedroom units with attached garages, offered furnished and ready for flexible live-in or rental use.

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Zoned Regional Business Waterfront Land
Zoned Regional Business Waterfront Land

Traverse City, MI 49686

$499,000
1,000 sqft

Waterfront-facing land with two existing cabins and regional business zoning for offices, retail, or rentals.

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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.

Historic Triplex with Lake Views
Historic Triplex with Lake Views

118 E State Street, Fife Lake, MI 49633

$395,000
3,216 sqft 0.11 AC lot

Built in 1886, this triplex is currently configured as three rental units with an expansive deck overlooking Fife Lake.

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Renovated Downtown Triplex
Renovated Downtown Triplex

812 Forest Avenue, Frankfort, MI 49635

$485,000
2,035 sqft 0.17 AC lot

Completely renovated triplex with three private-entry units and in-unit laundry, offering flexible rental options.

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Renovated Triplex with Private Entrances
Renovated Triplex with Private Entrances

812 Forest Ave, Frankfort, MI 49635

$485,000

Completely renovated triplex with three separate units, each with modern appliances and private entrances.

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Historic Triplex With Lake Views
Historic Triplex With Lake Views

118 E STATE ST, Fife Lake, MI 49633

$395,000
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 6 short term rental properties for sale in Traverse City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 6,549 square feet of properties for sale, with an estimated market value of $3,147,900.

Sale prices for short term rental properties in Traverse City, MI start at $449,900, averaging $786,975, and reaching up to $1,700,000 — 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 7
Duplexes 5
Quadplexes 4
Apartment buildings 3
Triplexes 1

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
49685 $479.9K
49686 $1.6M
49684 $1.7M
49696 $3.8M

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

Office

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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