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Sold for $440,000 on 06/20/25
  • $440,000

    514 E 8th St, Traverse City, MI 49686

    4beds
    3baths
    1,757sqft
    Multi Family
    Built in 1896
    -- sqft lot
    $443,900 Zestimate®
    $250/sqft
    $2,149 Estimated rent

    What's special

    Investors—Get READY! Don't miss this incredible opportunity to own a 3-unit multi-family home located in the heart of NoBo (North Boardman), a vibrant residential neighborhood in downtown Traverse City. Just one block from Hull Park and the TC Public Library, this property offers prime access to Boardman Lake. There are grassy picnic areas, benches, a small pavilion, and a butterfly garden filled with sculptures. The scenic Boardman Loop Trail meanders along a four-mile paved walkway through wooded paths that completely encircle the lake. The basement has been structurally reinforced, and the egress windows were repaired. The main floor was leveled. One chimney was removed entirely, while the remaining chimney was professionally capped. A new fence was added to the east side of the backyard. Gravel was placed in the parking area to improve both function and appearance. Inside, the staircase carpet has been replaced, and the entryway was upgraded with hook-ups to accommodate a W/D. Keyless entry systems were installed at the front and back doors for convenience and security. The sewer line was scoped and cleaned to ensure optimal performance. The main-level unit was repainted entirely, and the floors were replaced with high-quality luxury vinyl plank. All interior doors were replaced, and new hardware was installed throughout. Updated lighting fixtures were added in every room, and all window treatments, including blinds and drapes, are brand new. In the bathroom, the toilet was replaced. The kitchen underwent a complete renovation, including brand new cabinetry, new countertops, a stylish backsplash, new sink and fixtures, a modern ventilation hood, and a new refrigerator and microwave. With its unbeatable location and proximity to parks, recreation, and downtown amenities, this is a smart investment for anyone looking to expand their real estate portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: June 23, 2025 at 08:17am

    Listed by:

    Erica Marshall Cell:210-286-8954,

    REO-TCFront-233021,

    Laura Cobb 231-409-7712,

    REO-TCFront-233021

    Bought with:

    Jaimie Fellows-Garno, 6501325941

    City2Shore Real Estate Northern Michigan

    Source: NGLRMLS,MLS#: 1933656MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Gas Water Heater
    • Laundry: Laundry Hook-up
    Features
    • Drywall, High Speed Internet, Cable TV, WiFi
    • Windows: Blinds
    • Basement: Partial,Michigan Basement
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 1,757 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Garden
    • Waterfront features: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 27 x 164 x 25 x 165
    Details
    • Additional structures: None
    • Parcel number: 28-51-634-006-00
    • Zoning description: Residential,Multi-Family,Commercial,Special Use

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Wood Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1896
    • Major remodel year: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Not Applicable
    • Water conservation: Not Applicable

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Traverse City
    • Subdivision: Boardman Oak Park

    HOA & financial

    Other financial information
    • Total actual rent: 3713

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,1031 Exchange
    • Ownership type: Private Owner
    Services availability