138 W Gillis ST, Traverse City, MI 49684
Local realty services provided by:CENTURY 21 Affiliated
138 W Gillis ST,Traversecity, MI 49684
$520,000
- 2 Beds
- 2 Baths
- 904 sq. ft.
- Single family
- Active
Listed by: meagan alexander, jennifer hastings
Office: blue lakes real estate group tc llc.
MLS#:78080069812
Source:MI_REALCOMP
Price summary
- Price:$520,000
- Price per sq. ft.:$575.22
- Monthly HOA dues:$500
About this home
Right in the heart of downtown Traverse City, this well-positioned 2-bedroom, 2-bath condo delivers the kind of lifestyle and income potential that savvy investors are actively seeking. Just steps from the shoreline of Grand Traverse Bay, along with award-winning restaurants, boutique shopping, and year-round events, the location alone drives consistent demand from both visitors and short-term renters. Inside, the layout is efficient and designed for low-maintenance ownership. Clean lines, functional living space, and lock-and-leave simplicity make it ideal as a personal retreat, second home, or turnkey rental. Whether hosting weekend guests or short-term tenants, the space supports ease of use and strong occupancy potential. The defining feature is the private rooftop deck overlooking the bay an elevated outdoor living space that creates a memorable guest experience and sets this unit apart in the rental market. Morning coffee with water views, sunset evenings above the city, and walkability to everything downtown all translate into lifestyle-driven value that todays renters are willing to pay for. For investors, this is more than a downtown condo, its a strategic asset in one of Northern Michigans most desirable markets. A property that not only offers enjoyment but also the potential to generate income and offset ownership costs in a high-demand, four-season destination....
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Home facts
- Year built:2021
- Listing ID #:78080069812
- Added:1 day(s) ago
- Updated:June 19, 2026 at 10:02 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Living area:904 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air
Structure and exterior
- Year built:2021
- Building area:904 sq. ft.
- Architectural Style:Contemporary
- Construction Materials:Stucco
- Foundation Description:Slab
- Levels:Two
Utilities
- Water:Public
- Sewer:Shared Septic
Finances and disclosures
- Price:$520,000
- Price per sq. ft.:$575.22
Features and amenities
- Appliances:Dishwasher, Oven, Range, Refrigerator
Parking
- Parking description:Attached, Garage, One Car Garage
- Garage spaces:1
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