316 Huron ST, Traverse City, MI 49686
Local realty services provided by:ERA Prime Real Estate Group
316 Huron ST,Traversecity, MI 49686
$550,000
- - Beds
- - Baths
- 1,240 sq. ft.
- Multi-family
- Active
Listed by: jennifer gaston
Office: remax bayshore - union st tc
MLS#:78080070772
Source:MI_REALCOMP
Price summary
- Price:$550,000
- Price per sq. ft.:$443.55
About this home
Excellent Investment Opportunity at the Base of Old Mission Peninsula! This well-maintained duplex offers outstanding income potential with a proven rental history and current gross rental income of $4,790 per month. The property features three income-producing units, providing flexibility for investors or those seeking an owner-occupied opportunity. The duplex can also be converted back to a single-family home. Unit A (Main Level) offers 3 bedrooms, 1 bath, and an attached two-car garage. Unit B (Upper Level) features 2 bedrooms, 1 bath, in-unit laundry, and a private deck. A separate, non-conforming Cottage (Unit C) includes 1 bedroom and 1 bath, creating an additional income stream. Ideally located in one of Traverse City's most desirable in-town neighborhoods at the base of Old Mission Peninsula, the property is just two blocks from East Bay Beach, with convenient access to Northern Michigan College, Eastern Elementary, Central High School, downtown Traverse City, shopping, restaurants, beaches, and the TART Trail. Whether you're looking to expand your investment portfolio or convert the duplex back to a single-family home, this is an exceptional opportunity in a highly sought-after location....
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Home facts
- Year built:1937
- Listing ID #:78080070772
- Added:11 day(s) ago
- Updated:July 16, 2026 at 10:06 AM
Rooms and interior
- Living area:1,240 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Baseboard, Hot Water, Natural Gas, Wall Furnace
Structure and exterior
- Year built:1937
- Building area:1,240 sq. ft.
- Lot area:0.34 Acres
- Architectural Style:Duplex
- Construction Materials:Aluminum Siding, Wood Siding
- Foundation Description:Slab
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$443.55
- Tax amount:$8,084
Features and amenities
- Appliances:Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Parking
- Parking description:Attached, Garage
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