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607 W Front St, Traverse City, MI, 49684

4beds
4baths
2,245sqft
$1,700,000
$757price/sqft
$10,503/moest. monthly cost
$420,120/yrincome needed

About This Home

Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
92
BikeBiker's Paradise

Schools

8/10
Central Grade SchoolGrades PK-70.4 mi
7/10
Central High SchoolGrades 8-122.2 mi
7/10
East Middle SchoolGrades 6-85.4 mi

Construction

Condition

  • Year built: 1895

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Victorian
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
  • Laundry features: First Floor Laundry

Basement

  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Boiler
  • Cooling features: Ceiling Fan(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,245
  • Total interior livable area: 2,245 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 5165408000
  • Zoning description: Commercial,Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch

Lot

  • Lot size: 8,276 sqft
  • Features: Main Street
  • Lot size dimensions: 50 x 166

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,596$103,152
Home Insurance *$473$5,676
Property Taxes $1,190$14,280
Electricity $244$2,938
Total$10,503$126,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$360,102/yr
40% on housing$315,090/yr
45% on housing$280,080/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$757This listing

vs Other Active Listings

Avg $/sqft

ZIP 49684$336
Grand Traverse County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 49684$285
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-23Listed for sale$1,700,000
2023-08-03Listing removed$1,250,000
2023-02-02Listed for sale$1,250,000
2022-08-19Listing removed$1,695,000
2022-04-28Listed for sale$1,695,000

For Sale by Agent

AgentNonkhane Nonnie Saycosie
BrokerageCentury 21 Signature Realty

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