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4 Baths
3,138 sqft

$539,900

1055 E Front Street, Traverse City MI, 49686

Price per sqft$172.05
Built in1895
Property size3,138 sqft
Property typeMulti-family
Listed by Erica Foerster with REO-TCFront-233021 Listing Contact: 210-286-8954

Overview

Active

Listed Sep 3, 2026

Updated 3 weeks ago

Turnkey Four-Unit Investment Set on a rare double lot (.19 acres) just off East Front Street's downtown-to-bay corridor, this four-unit property offers a strong income stream in one of Traverse City's most walkable, in-demand locations. Mature trees give the property a shaded, established feel just minutes from downtown shops, restaurants, and the East Bay waterfront. Three of the four units are currently leased, generating $3,425/month in combined rent; Unit 2 is available and listed at $1,750/month. Units 2 and 4 have been most recently updated, and Unit 3 includes its own washer and dryer. Each unit offers a private entryway and an efficient layout that appeals to a steady renter pool. This walk-everywhere location has a track record of long-term tenants. On-site parking for tenants is located in the rear of the building, off the alley. This is a compelling opportunity for an investor to step into immediate cash flow while retaining long-term upside through lease renewals and light updates.

$3,592/mo

Est. mortgage payment based on a $539,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1950164

Interior Features

Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Association Fee Frequency
Yearly
MLS provider logo

Listed by Erica Foerster with REO-TCFront-233021
Listing Contact: 210-286-8954 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 9/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 9/17/2026 at 12:31 AM UTC

 

 

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