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Browse All Traverse City MI Between $300K - $400K Properties for Sale

$399,000
2 Beds 2 Baths 1946364 MLS Na BLDG.
Rare opportunity to own a fully renovated, income-producing duplex in the heart of Traverse City, steps from downtown, fully furnished, and operating as a short-term rental since 2019. Both units are actively permitted and generating approximately $60,000 combined annually, with upside potential. Commercial zoning requires STR permits to remain active to preserve them both, making this a true turnkey investment with the infrastructure already in place. The lower unit offers 500 sq ft of thoughtfully designed living space with a 1 bedroom, 1 bath layout, fully equipped kitchen (stove/oven, dishwasher, microwave, refrigerator), king bed, and twin trundle beds sleeping up to 4 guests. The upper unit is 477 sq ft, also 1 bed/1 bath, with a kitchenette (no stove), queen bed, twin trundle beds, and the same modern mid-century aesthetic. Both units feature mini-split heating and cooling, flat-screen TVs, WiFi, and plush contemporary finishes throughout. The full renovation was completed in 2019. This property works two ways: run both units as short-term rentals for maximum cash flow, or house hack by living in one unit while offsetting your mortgage with the other. Peak season nightly rates regularly exceed $300 per unit, with strong shoulder-season performance as well. The permits are active, the units are furnished, and the guests are already coming. Full-service property manager in place for a true turn-key opportunity. Walking distance to downtown restaurants, breweries, and the waterfront. Near Potter's Bakery, Oakwood Proper, and Common Good Bakery.

509 Rose Street, Traverse City

$399,900
2 Beds 2 Baths 1946007 MLS Willow Cove BLDG.
Wake up to sparkling Boardman Lake views and embrace the best of Traverse City living from this beautifully updated waterfront condominium. Perfectly positioned on the second floor, this 2-bedroom, 2-bath retreat offers front-row seats to peaceful lake vistas while placing you just minutes from downtown restaurants, shopping, beaches, and entertainment. Step outside onto the expansive new balcony and enjoy your morning coffee overlooking the water, or spend your afternoons launching a kayak from the shared dock, casting a fishing line, or exploring miles of scenic trails with the TART Trail right outside your back door. Few locations offer this unique combination of waterfront serenity and in-town convenience. Inside, you'll find a long list of recent updates that make this condo truly move-in ready. New luxury vinyl plank flooring, fresh paint, a new furnace and central air system,New water heater, two completely renovated bathrooms, and updated kitchen countertops and appliances create a fresh, modern feel throughout. Furnishings included with an acceptable offer, allowing you to start enjoying your Up North getaway immediately. Additional conveniences include a designated carport with a private storage area, providing the perfect space to securely store bikes, kayaks, fishing gear, and all your Northern Michigan adventure essentials. Whether you're seeking a year-round residence or a seasonal escape, this waterfront gem offers an exceptional lifestyle in one of Traverse City's most desirable locations. Short term rentals are not allowed, pets are allowed with Home Owner Association approval. $430.00 Condo assocation dues cover water, sewer, trash, exterior maintenance, window washing, pest control, landscape, snow removal.

740 Centre Place Unit #8, Traverse City

$349,900
4 Beds 2 Baths 1943145 MLS Wistrand Woods BLDG.
Why wait to build when you can have nearly new and completely move-in ready? Built in 2023, this 4-bedroom, 2-bath Traverse City home packs a lot into 1,463 square feet, with modern finishes, thoughtful features, and the kind of everyday comforts that make a house feel like home. Step inside and feel the difference of in-floor heating underfoot, a feature you’ll especially appreciate during Northern Michigan winters. The freshly painted interior feels bright, clean, and welcoming, while the well-designed layout makes great use of every square foot. With four bedrooms, there’s plenty of flexibility for family, guests, a home office, hobby room, or whatever fits your lifestyle. The kitchen is ready to enjoy with all-new appliances, and an on-demand water heater adds another modern convenience to the home. Outside the living space, an attached two-car garage gives you room for vehicles, storage, bikes, kayaks, skis, and all the gear that comes with enjoying life in Northern Michigan. No renovation list. No waiting on contractors. No appliances to buy. Just a newer home that’s already finished, freshly painted, and ready for its next chapter. Conveniently located in Traverse City with easy access to shopping, dining, recreation, and everything the area has to offer, 2632 Plover Lane brings together newer construction, four bedrooms, modern amenities, and true move-in-ready convenience. Come see why this one is more than just another newer home, it’s one you can start enjoying from day one

2632 Plover Drive, Traverse City

$345,000
1 Beds 1 Baths 1942644 MLS Willow Cove BLDG.
Welcome to 710 Centre Place #26! This recently updated 1 bed/1 bath end unit condo sits next to the wooded edge of Hull Park and offers privacy and direct access to both the Boardman Lake Trail and the TART Trail. Just a short distance from the city library and downtown Traverse City, it’s ideally located for both nature and city lovers. Shared access to Boardman Lake adds to the appeal, along with covered parking and a private storage unit. Inside, the space has been thoughtfully upgraded over the past two years. Luxury vinyl plank flooring replaces the original carpet and vinyl, and crown molding adds a polished finish throughout. The sunroom features a new ceiling and custom waffle shades for privacy and sun control, creating an ideal spot to unwind. The kitchen has been opened up and modernized with a new refrigerator, microwave, dishwasher, sleek faucet, and a shiplap ceiling. The bathroom includes a high-profile toilet, updated fixtures, fresh paint, and another shiplap ceiling. In the bedroom, dated built-ins were removed and replaced with clean, modern shiplap. Additional improvements include upgraded lighting in the hallway and dining area, a new thermostat, and recent servicing of both the fireplace and HVAC systems. Whether you’re enjoying the fireplace, heading out for a lakeside ride, or simply appreciating the peaceful setting next to the woods and water, this turn-key condo blends convenience, comfort, and style in a prime location.

710 Centre Place Unit #26, Traverse City

$399,900
3 Beds 2 Baths 1922533 MLS Wistrand Woods BLDG.
Move-In Ready New Construction in Traverse City | Open-Concept Living + Prime Location Welcome to this beautifully designed 3-bedroom, 2-bath home offering the perfect blend of modern finishes, functional layout, and unbeatable location in the heart of Northern Michigan. Step inside to discover a bright, open-concept floor plan with seamless flow between the kitchen, dining, and living areas—ideal for entertaining or everyday living. The finished lower-level family room adds flexible living space perfect for a media room, home office, or guest suite. Enjoy quality craftsmanship throughout, paired with energy-efficient construction designed to keep utility costs low and comfort high. *Location Highlights Minutes from the shores of Grand Traverse Bay Close to the wineries of Old Mission & Leelanau Peninsulas Easy access to downtown shopping, dining, and year-round events Near golf courses, hiking trails, skiing & snowshoeing * Home Features * Move-in ready new construction * Open floor plan with modern design * Finished lower-level bonus living space * Spacious 2-car garage * Private backyard setting * Energy-efficient for long-term savings Relax in your peaceful backyard retreat while staying close to everything that makes Traverse City one of Michigan’s most desirable destinations. Whether you're searching for a primary residence, vacation home, or investment property, this home checks all the boxes.

4860 Meadowlark Lane, Traverse City

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Between $300K - $400K Traverse City Real Estate

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