Traverse City, MI Triplexes for sale

Updated: Jul 7

Three-Unit Multifamily Property

316 Huron Street, Traverse City, MI 49686

$510,000

2,636 sqft 0.34 AC lot

Three income‑producing residential units
2,636 square feet on a 0.34‑acre parcel
Unit mix includes 3‑bedroom, 2‑bedroom, and 1‑bedroom residences
Main‑level unit has an attached two‑car garage
Upper‑level unit includes in‑unit laundry and a private deck

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Updated: Jun 25

Income-Generating Duplex with Cottage

316 Huron St, Traverse City, MI 49686

$510,000

1,240 sqft

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

$549,000

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

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

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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Income-Producing Multifamily Property

6593 FRANKFORT Highway, 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 3,876 square feet of properties for sale, with an estimated market value of $1,020,000.

Sale prices for three-family homes in Traverse City, MI average $510,000 — 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	$510K

Neighborhood

Average Price

49686

$510K