Condo For Sale In Traverse City, Michigan

condo for sale

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Listed: 05/03/24

619 E Eighth St Unit 14, Traverse City, Michigan, 49686

1 Bed:

1 Bath:

535 Sq Ft Living Area:

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Price

$ 210,000

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About This Condo

This is an incredible opportunity to own a full share condominium unit in Downtown Traverse City. Walk/Bike to Downtown, Beaches, Library, NMC, Schools, TART Trail etc. The building is newer and well maintained. This 1 bedroom, 1 bathroom upper level unit is accessed via stairs. The unit is equipped with a full kitchen, HVAC and on-site shared laundry. This unit is unfurnished and has a long-term tenant history to offset the cost of ownership. These units have never been offered individually before! The unit comes with (1) on site parking spot. There is no short term rental ability offered for this unit, however STR ability and an ADU unit will be available soon. Interior photos may be of model unit.

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Condos for sale in Traverse City

Original listing

Traverse City Housing & Living

Average sale prices for condos

2 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$747,901 (+52.7%)
May 2024	$489,630 (+10%)
Apr 2024	$445,090 (0%)
Mar 2024	$445,090 (0%)
Feb 2024	$445,090 (0%)
Jan 2024	$445,090 (0%)

In June 2024, the asking price for 2 bed condos for sale in/near Traverse City, United States averaged $747,901, an increase of 52.7% from the previous month.

Median price trends for properties for sale in Traverse City, United States as of June 2024.

Household Income

Median household income: $53,237

Number of households: 6,629

The average household income in Traverse City, MI grew from $51,139 to $53,237 in the past year. This data is an estimate based upon 6,629 households in Traverse City, MI.
The chart below presents how household income is distributed in Traverse City, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Traverse City, MI compared to median property taxes around the country. The prevalent amount of property taxes in Traverse City, MI equals $3k+ , which is more than the national average.