517 S Oak ST, Traverse City, MI 49684

Local realty services provided by:CENTURY 21 Dynamic Realty
517 S Oak ST,Traversecity, MI 49684
$475,000
  • - Beds
  • - Baths
  • 405 sq. ft.
  • Multi-family
  • Active
Listed by: sarah bailey, shawn schmidt
Office: coldwell banker schmidt traverse city
MLS#:78080066035
Source:MI_REALCOMP

Price summary

  • Price:$475,000
  • Price per sq. ft.:$1,172.84

About this home

Well-located fourplex just a short walk from all the shops, restaurants, and amenities of downtown Traverse City, making it a highly desirable location for both current and future tenants. Each of the four units features 1 bedroom and 1 bathroom, with two units on the main level and two on the upper level, all with private entrances. The property also offers a shared coin-operated laundry room in the basement for tenant convenience. Each unit is individually metered for gas and electric, providing the opportunity for a future owner to adjust utility responsibilities if desired. Each unit includes one parking space, and rents currently include utilities. Utilities currently paid by the landlord include: electricity, natural Gas / propane, water & sewer, trash collection, recycling. This is a strong opportunity to own a well-positioned multi-unit property in one of Traverse City’s most walkable locations.

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Home facts

  • Year built:1900
  • Listing ID #:78080066035
  • Added:2 day(s) ago
  • Updated:March 13, 2026 at 03:09 PM

Rooms and interior

  • Living area:405 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Year built:1900
  • Building area:405 sq. ft.
  • Lot area:0.1 Acres
  • Foundation Description:Michigan Basement
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$1,172.84

Features and amenities

  • Appliances:Freezer, Oven, Range, Refrigerator
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