829 E Eighth St - Apartments FOR SALE


Traverse City, MI 49686- Downtown Traverse City
$3,215,000 USD
231-357-0821
829 E Eighth St, Traverse City, MI for Sale
$3,215,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

829 E Eighth St
Traverse City, MI 49686
Downtown Traverse City


OVERVIEW

Seize this rare chance to own a package of eight income-generating properties in the heart of Traverse City, Michigan! This exclusive portfolio includes: • Newer duplex • Tri-plex (single-family home + duplex on one lot) • Six single-family homes All properties are currently rented, providing immediate cash flow for the savvy investor. Located primarily in downtown Traverse City, these properties offer high rental demand and strong appreciation potential in one of Michigan’s most sought-after markets. Why Invest in Traverse City? Traverse City is known for its booming tourism industry, strong local economy, and vibrant downtown scene. With its stunning waterfront, top-rated restaurants, and year-round attractions, the city continues to draw new residents and visitors—fueling demand for quality rental properties. This is a turnkey investment opportunity ideal for someone looking to expand their portfolio in Northern Michigan’s real estate gem. Don’t miss out on this exceptional chance to secure a diverse mix of rental properties in a high-growth market. ?? For more details or to schedule a viewing, contact us today! Ken Weaver TraverseNorth@gmail.com

FOR SALE DETAILS

PRICE

$3,215,000 USD

PRICE/SF

$1,616 USD /SF

# OF UNITS

11

PRICE/UNIT

$292,273

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multiple Residential Rentals -Traverse City

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,030 SF

ZONING

R1

APN/PARCEL ID

51-642-240-00

ASK ABOUT THIS PROPERTY

Ken WeaverBerkshire Hathaway Home ServicesMore Info
231-357-0821

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Ken WeaverBerkshire Hathaway Home ServicesMore Info
231-357-0821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.