Single-Family

Traverse City, MI Single Family Properties for Sale

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Cedar, MI Williamsburg, MI Acme, MI
Rezoned Multifamily Development Land
Updated: Jan 27
Rezoned Multifamily Development Land

2624 Hartman Road, Traverse City, MI 49685

$740,000
900 sqft · 5.25 AC lot
Recently rezoned to R‑3 with estimated capacity for 20–24 units for apartment options (see associated documents for drawings/potential).
Private water source; well and septic are currently installed.
Municipal services are very close by.
Renters currently occupy the property; showing required via Realtor with Showingtime.
Located in Garfield township, just minutes to everything TC has to offer.
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Turn-Key Duplex with Separate Garages
Updated: Jun 4
Turn-Key Duplex with Separate Garages

3434 & 3436 Mahoney Drive, Traverse City, MI 49686

$449,900
1,872 sqft · 1.10 AC lot
Duplex built in 1989 with private well and septic serving both units
Separate center garages for each unit with no shared walls reported
Vacant side updated with new paint, light fixtures, and a whole kitchen remodel
Iron sulfur buster water systems installed by Culligan in 2019 and owned (both units)
Windows updated in the rented unit in 2019; mechanicals updated in both units in 2026
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Outdoor Power Equipment Retail Property
Outdoor Power Equipment Retail Property

6375 E Traverse Highway, Traverse City, MI 49684

$949,900
4,608 sqft · 1.07 AC lot

Retail and service building with outdoor power equipment parts and a one-bedroom apartment above the main sales area.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Convenience Store with Apartment
Convenience Store with Apartment

2020 E 24 Road, Cadillac, MI 49601

$350,000
3,300 sqft · 0.43 AC lot

For sale in Cadillac: a turn-key convenience and food stop with a renovated four-bedroom apartment above.

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Commercial Property with Pole Barn
Commercial Property with Pole Barn

8890 US-131, S, Grawn, MI 49637

$297,000
1,836 sqft · 0.76 AC lot

Commercial-zoned property with a front building, heated/electrified pole barn, and a residential home on nearly 0.8 acres.

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Residential Income Property with Road Frontage
Residential Income Property with Road Frontage

8921 US-31, Grawn, MI 49637

$395,000
1,276 sqft · 3.20 AC lot

Extensive highway frontage and on-site structures offer flexible use considerations, with commercial designation noted in the township plan.

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Recreational Land with Off-Grid Cabin
Recreational Land with Off-Grid Cabin

E Long Lake Road, Cadillac, MI 49601

$59,000
1.10 AC lot

Recreational-zoned parcel with an off-grid cabin and nearby pond plus lake access across the road.

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Traverse City, MI Single Family Properties Market Trends and Statistics

Explore 3 single family properties for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,380 square feet of properties for sale, with an estimated market value of $2,139,800.

Sale prices for single family properties in Traverse City, MI start at $449,900, averaging $713,266, and reaching up to $949,900 — 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

Multifamily properties 21
Short term rental properties 8
Duplexes 7
Quadplexes 5
Apartment buildings 4

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
49684 $975K

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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