Traverse City, MI Triplexes for sale

Updated: Jul 7

Three-Unit Triplex With Private Deck

316 Huron Street, Traverse City, MI 49686

$550,000

2,636 sqft 0.34 AC lot

2,636 SF triplex on 0.34‑acre lot at 316 Huron Street, Traverse City
Unit A: 3 bed, 1 bath with attached two‑car garage
Unit B: 2 bed, 1 bath with in‑unit laundry and private deck
Unit C: separate non‑conforming cottage with 1 bed and 1 bath
Built in 1937 with block construction and 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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Updated: Jul 10

Income-Generating Duplex with Cottage

316 Huron St, Traverse City, MI 49686

$550,000

Year built 1937 duplex with three income‑producing units: two‑unit main structure plus a separate non‑conforming 1BD/1BA cottage
Current gross rental income of $4,790 per month with a proven rental history
Unit A (main level): 3BD/1BA with an attached two‑car garage
Unit B (upper level): 2BD/1BA with in‑unit laundry and a private deck
Cottage (Unit C): non‑conforming 1BD/1BA provides an additional income stream

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Downtown Three-Unit Triplex

143 S Benzie Boulevard, Beulah, MI 49617

$599,900

2,195 sqft 0.11 AC lot

Two units operate as furnished Airbnb rentals, while the lower-level apartment is leased long term.

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Victorian Triplex With Lake Views

118 E State Street, Fife Lake, MI 49633

$394,000

3,216 sqft 0.11 AC lot

Three-unit rental property with lake views, multi-level decking, and renovation potential.

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Historic Triplex With Lake Views

118 E STATE ST, Fife Lake, MI 49633

Contact for pricing

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 2 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 $1,100,000.

Sale prices for three-family homes in Traverse City, MI average $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.

Neighborhood	Average Price
49686	$550K

Neighborhood

Average Price

49686

$550K