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138 W Gillis Street
$550,000
2
beds
2
baths
904
square ft

138 W Gillis Street
Traverse City, Michigan 49684

New / MLS #78080067576 / Condo / Traverse City
Listing information updated 4/30/2026 at 12:45pm
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.
Architecture Style:
Contemporary
Exterior Type:
Stucco
Beds Above Grade:
2
Cooling System:
Central Air
Heating System:
Electric, Forced Air
Appliances:
Dishwasher, Oven, Refrigerator, Range
Main Level Primary Bedroom:
Yes
Pool:
No
Age:
5 Years
Parking Type:
One Car Garage,Attached,Garage
Parking Spaces:
1
Garage:
Attached - 1 Car(s)
Room Count:
5
Water Front:
No
Square Feet:
904
Pet Information:
Yes
Common Area Amenities:
Maintenance Grounds
Living Room:
Main
Kitchen:
Main
Primary Bedroom:
9 x 14 - Main
2nd Bedroom:
9 x 9 - Upper
Laundry:
Main
Tax Amount:
N/A
Tax Year:
N/A
Assessments:
$500 / month
Zip Code:
49684
City:
Traverse City
County:
Grand Traverse
School District(s):
Traverse City
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Blue Lakes Real Estate Group TC LLC

Listing Office Phone: 231.683.2125

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Traverse City

Traverse City, MI

Nestled on the shores of Lake Michigan's Grand Traverse Bay, Traverse City, MI is a vibrant four-season destination known for its stunning natural beauty, charming downtown, and thriving arts and culinary scene. With scenic vineyards, sandy beaches, and abundant outdoor recreation, Traverse City off...
$504,466
Average Sale Price
68
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 138 W Gillis Street, Traverse City, MI 49684

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138 W Gillis Street, Traverse City, MI 49684 is a condo currently listed at $550,000. 138 W Gillis Street features 2 Beds, 2 Baths. This condo has been listed on @properties REMI Christie's International Real Estate since April 30th, 2026 and was built in 2021.

Each office is independently owned and operated.
@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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