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1,240 sqft

$510,000

316 Huron Street, Traverse City MI, 49686

Price per sqft$411.29
Built in1937
Property size1,240 sqft
Property typeMulti-family

Overview

Active

Listed Jul 7, 2026

Updated 9 days ago

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.

$3,393/mo

Est. mortgage payment based on a $510,000 home price.

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

Additional information

MLS® ID
80070772

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Garage
Yes
Municipality
Traverse City
MLS provider logo

Listed by Jennifer Gaston with REMAX Bayshore - Union St TC
Listing Contact: [email protected] 

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/12/2026 at 11:02 PM UTC

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