Traverse City, MI Triplexes for sale

Updated: Jul 7

Three-Unit Residential Income Property

316 Huron Street, Traverse City, MI 49686

$550,000

2,636 sqft · 0.34 AC lot

3‑unit duplex setup with gross rental income of $4,790/month
Unit A (main level): 3 bedrooms, 1 bath, and an attached two‑car garage
Unit B (upper level): 2 bedrooms, 1 bath with in‑unit laundry and a private deck
Separate non‑conforming cottage (Unit C): 1 bedroom and 1 bath
Built in 1937 with block construction and an asphalt roof

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This listing looks promising.

Here's a quick look at some key insights for

316 Huron Street, Traverse City, MI 49686

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$29K
Annual
Price @ 7% Cap

$408K
Suggested
Property Type

Single Family Residence
Built 1937

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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-View Deck

118 E State Street, Fife Lake, MI 49633

$395,000

3,216 sqft · 0.11 AC lot

Three rental units in a historic building with a deck overlooking Fife Lake.

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Updated 3-Unit Multifamily Property

6593 FRANKFORT Highway, Beulah, MI 49617

$319,900

2,924 sqft · 0.21 AC lot

Well-maintained three-unit rental with extensive recent interior updates and shared laundry facilities with in-unit utility wiring.

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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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Income-Producing Multifamily Property

6593 FRANKFORT Hwy, Beulah, MI 49617

$319,900

Three-unit property with updates near Frankfort and Crystal Lake.

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Traverse City, MI Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 2,636 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for three-family homes in Traverse City, MI start at $550,000, averaging $550,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Traverse City, MI Triplexes for Sale

316 Huron Street, Traverse City, MI 49686