$350,000

baths

1,428

square ft

633 E Eighth

Traverse City, Michigan 49686

Pending / MLS #1948200 / Multiple Unit (2-4) / Traverse City

Listing information updated 8/6/2026 at 2:43pm

Investment Opportunity in the Heart of Downtown Traverse City. This 1,428-square-foot home sits on 0.09 acres along the highly desirable Eighth Street corridor, within walking distance to downtown shopping, restaurants, beaches, parks and trails. Currently configured as two long-term rental units, each apartment offers it's own kitchen and living room plus 2 bedrooms and 1 bathroom. The property is fully leased, and the current tenants would like to remain in place, providing immediate rental income for an investor seeking a stable, as-is opportunity. The property has been priced to reflect its condition and offers tremendous upside for buyers looking to renovate or redevelop. D-2 Zoning offers long-term rentals, short-term rentals or commercial. Unlock the potential with its flexible zoning and prime location, this property offers numerous possibilities. Please review list in associated documents. Whether you're an investor, developer, or someone looking for a downtown renovation project, this property offers the rare combination of current income, future potential and an outstanding location. Seller is a licensed Real Estate Broker in the State of Michigan.

Full Features

Exterior Type:

Frame,Vinyl Siding

Basement:

Michigan Basement,Crawl Space

Heating System:

Forced Air, Natural Gas

Appliances:

Refrigerator, Oven/Range

Pool:

Age:

135 Years

Roof Type:

Asphalt

Parking Type:

Assigned

Water Front:

Water Features:

None

Square Feet:

1,428

Lot Size:

0.09 Acres

Acreage:

0.09

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

49686

City:

Traverse City

County:

Grand Traverse

Schools

School District(s):

Traverse City Area Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Frame,Vinyl Siding

Basement:

Michigan Basement,Crawl Space

Heating System:

Forced Air, Natural Gas

Appliances:

Refrigerator, Oven/Range

Pool:

Age:

135 Years

Roof Type:

Asphalt

Parking Type:

Assigned

Water Front:

Water Features:

None

Square Feet:

1,428

Lot Size:

0.09 Acres

Acreage:

0.09

Tax Amount:

N/A

Tax Year:

N/A

Zip Code:

49686

City:

Traverse City

County:

Grand Traverse

School District(s):

Traverse City Area Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Agent: Stacy Allman

Listing Office: MI Properties North Real Estate Group

Listing Email: stacy@mipropertiesnorth.com

Disclaimer: Based on information from the association of REALTORS® (alternatively, from the MLS) as of 8/6/2026 at 2:43pm. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.