




607 W Front St, Traverse City, MI, 49684
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
Schools
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
- Winter Weather
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Grand Traverse County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| 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 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-23 | Listed for sale | $1,700,000 |
| 2023-08-03 | Listing removed | $1,250,000 |
| 2023-02-02 | Listed for sale | $1,250,000 |
| 2022-08-19 | Listing removed | $1,695,000 |
| 2022-04-28 | Listed for sale | $1,695,000 |
