1055 E Front St, Traverse City, MI 49686
Property image
Property image
FOR SALE
NEW - 16 HRS AGO
3D VIEW

$539,900

  • 5 Beds
  • 4 Baths
  • 3,138 sqft

1055 E Front St, Traverse City, MI 49686

Est. Mortgage $3,216/mo*
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Home Highlights

Multi-Family
Built in 1895
$172/sqft

Local Information

  • Map ViewExplore the area around 1055 E Front St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Turnkey Four-Unit Investment Set on a rare double lot (.19 acres) just off East Front Street's downtown-to-bay corridor, this four-unit property offers a strong income stream in one of Traverse City's most walkable, in-demand locations. Mature trees give the property a shaded, established feel just minutes from downtown shops, restaurants, and the East Bay waterfront. Three of the four units are currently leased, generating $3,425/month in combined rent; Unit 2 is available and listed at $1,750/month. Units 2 and 4 have been most recently updated, and Unit 3 includes its own washer and dryer. Each unit offers a private entryway and an efficient layout that appeals to a steady renter pool. This walk-everywhere location has a track record of long-term tenants. On-site parking for tenants is located in the rear of the building, off the alley. This is a compelling opportunity for an investor to step into immediate cash flow while retaining long-term upside through lease renewals and light updates.
Last check for updates: about 9 hours ago
Listing courtesy of Erica Foerster, (210) 286-8954
REO-TCFront-233021, Cell: 210-286-8954
Marc Foerster
REO-TCFront-233021, (231) 947-9800
Source: NGLRMLS, MLS#1950164
Also Listed on NGLRMLS, Realcomp II.

Home Details for 1055 E Front St

Interior Features

Interior Details
Basement: Full,Finished Rooms,Exterior Entry,Egress Windows
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3138 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Exhaust FanDryerLaundry: Laundry Hook-upMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: BlindsFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Hardwood
View
No View
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: NoneExterior: NoneFoundation: OtherNo Private Pool
Parking & Garage
No CarportNo GarageNo Open ParkingParking: Alley Access,None
Frontage
Waterfront: Near Pub.Access w/in 500'Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1895
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Victorian
Building
Construction Materials: Frame, Wood SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Parcel Number: 285148203700

Price & Status

Price
List Price: $539,900Price Per Sqft: $172
Status Change & Dates
Possession Timing: Close Of Escrow, Subject To Tenant Rights

Active Status

MLS Status: New

Media

Location

Direction & Address
City: Traverse CityCommunity: Bayside Add
School Information
Elementary School: Eastern Elementary SchoolElementary School District: Traverse City Area Public SchoolsJr High / Middle School: Traverse City East Middle SchoolJr High / Middle School District: Traverse City Area Public SchoolsHigh School: Central High SchoolHigh School District: Traverse City Area Public Schools

Agent Information

Listing Agent
Listing ID: 1950164

Building

Building Area
Building Area: 3138 Square Feet

Community

Community Features: None

Lot Information

Lot Area: 8276.4 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Cash, 1031 Exchange

Rental Terms, Policies & Fees

Rent Includes: Liability Insurance, Exterior Maintenance, Trash Collection, Heating/Cooling, Management, Water, Sewer, Pets Allowed

Miscellaneous

BasementMls Number: 1950164Attribution Contact: Cell: 210-286-8954

Additional Information

None

Around this home

What Locals Say about Traverse City

At least 282 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 81 % Say yards are well-kept

  • 80 % Say car is needed

  • 78 % Say people would walk alone at night

  • 76 % Say there's holiday spirit

  • 76 % Say parking is easy

  • 68 % Say kids play outside

  • 66 % Say there's wildlife

  • 62 % Say it's quiet

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say there are sidewalks

  • 57 % Say neighbors are friendly

  • 56 % Say it's walkable to restaurants

  • 54 % Say it's walkable to grocery stores

  • 52 % Say streets are well-lit

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kate Jarvi
    "It is easy to access the TART trail. The Porch Fest (musicians playing on peoples’ porches) in the fall is very family friendly, and you can walk to downtown (and therefore swimming at the public beaches) easily. "
    0
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  • Sandy.buchanich
    "Downtown 15 minutes - busier during summer with all summer visitors here. Bike trail nearby and can ride bikes to downtown."
    0
    Flag
  • Luka Robinson
    "Lots of people like walking their dogs, several pet friendly establishments, lots of parks and dog parks and hiking trails as well as dog friendly beaches"
    0
    Flag
  • Mike Mitchell
    "We live in the Long Lake Township community of Cedar Hills Estates located 7 minutes West of T.C. and it’s an easy commute down Cedar Run Rd. with one stoplight at the corner of W. Front St."
    0
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  • Mike Mitchell
    "Dog friendly place where almost everyone has a dog or two. Lots of open spaces for dogs to run and play!"
    0
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  • Mike Mitchell
    "Almost all of the residents of my neighborhood have at least one dog and many have two dogs. It’s a very dog friendly community and there are plenty of dog friendly parks to hike with your dog or take your dog for a swim."
    0
    Flag
  • Jeffrey Rhodes
    "We know each other and socialize. We also help those in need. This happens with adults and kids alike."
    0
    Flag
  • Trulia User
    "Christmas alley, neighborhood “music festivals,” and close to all the downtown events., this neighborhood is the perfect location in Traverse City. "
    2
    Flag
  • Unspecified
    "Some of the downtown houses lack a sizable yard and traffic can be dangerous in the peak of the summer season "
    0
    Flag
  • Grace C.
    "Predominantly youngish retirees in the area. Not tons of children. Nearby elementary school may be convenient for drop off/pick ups."
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  • Mhoffmanndc
    "I’ve lived here for 8 years and the neighbors are friendly and we feel very safe. The fact that we are still able to do short term rental here is very beneficial "
    0
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  • Andrea M.
    "The area that I’m in, is close to one of the busiest roads in town. I would not let me daughter play outside alone for that reason. There’s is a lot of homeless people that walk through my neighborhood. They keep to themselves "
    0
    Flag
  • Garrison M.
    "been here 5yrs. it's nice to be close to everything. neighbors are nice enough. real estate is pricey. "
    0
    Flag
  • Grace C.
    "I am living with my parents temporarily—though it has turned into a semi permanent arrangement. The community is fairly well established with retirees."
    0
    Flag
  • Barb M.
    "Plenty of open spaces & trails, 2 dog parks, city clears sidewalks in Winter. A specialized dog treat bakery and natural dog food stores. Several great Veterinarians. "
    0
    Flag
  • Mhoffmanndc
    "Neighbors watch out for one another. When we leave on vacation, our neighbors are watching and caring for our prop. It’s not uncommon to have neighborhood parties and gatherings. "
    0
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  • Brenden F.
    "It's small, but its poppin, houses in the area are nice and the street is HELLA cute, downtown is nice to go to chill out for an evening. It's like the trendy part of Michigan!"
    11
    Flag
  • Cbdrn C.
    "I live on the base of the peninsula giving me walking access to both East and West bay. I live walking distance to a brand new elementary school and high school and community college... your kids in walking distance to everything and down town is 5 minutes away "
    0
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  • Heididjkenney
    "Civic center activity! Outdoor plays across the street.a one mile walking track. There is great pool at civic center you do laps in.Neighborhood potluck in streets every year. "
    0
    Flag
  • Oxford D.
    "Generational residents, makes for great fun. Porch sitting!! Historic buildings that can’t be imagined in today’s culture "
    3
    Flag
  • Bacjef
    "10 minute to anywhere in traverse city. july traffic makes this 1 hour commute on a tuesday. 2 hours on sat"
    0
    Flag
  • Celia
    "A lot of drugs and garbage left around. Def lock doors! .............................................."
    0
    Flag
  • Barb M.
    "Lots of trails for dog walking, biking, hiking. Dog owners need to bring their own baggies. There are two dog park locations, and the Humane Society is now a no-kill shelter. "
    0
    Flag
  • Joseph H.
    "It’s a wonderful place to raise children. I was raised here, went to St. Francis, which was a great experience. My brother went to Central and also had great education. "
    0
    Flag
  • zagnut
    "There is a fenced dog park in slabtown that dog owners love! not sure what dog owners wouldn’t like...."
    0
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  • Jasmyn M. C.
    "they would like that it's pet friendly and that alot of different pets are allowed here along with cheap pet fees. "
    0
    Flag
  • Micheal W.
    "Mixed generation, religion politics and race neighborhood. We watch out for each other and live as an giant extended family "
    0
    Flag
  • Barb M.
    "Pain in the butt. All surface streets 20 min to get across town, longer with summer festivals. Streets often not cleared in winter. "
    0
    Flag
  • Lmgray
    "just a great place to live. no crime and the people are friendly. I feel blessed to live in such a wonderful area and wouldn't want to live anywhere else. "
    0
    Flag
  • Susan R.
    "National Cherry Festival, Film Festival, wine festivals, Grand Traverse County Fair, farmer's market and much more! "
    0
    Flag

Market trends in Traverse City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$462K
$4.92KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$289
$16MoM
Available listings
544
18MoM

Home Value

Trulia Estimate
$587K
Since last month
Decreased$10K (-1.6%)
Since last year
Increased$22K (+3.8%)
Since last sale
Increased$272K (+86.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +135% in the last 10 years
MonthEstimated value
2026
August 2026$587K
August 2026$585K
July 2026$596K
June 2026$611K
May 2026$585K
April 2026$570K
March 2026$572K
February 2026$566K
January 2026$550K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
637-639 641st St E #8, Traverse City, MI
0.72
Multi-Family Home
$915,000
12/29/25
8
4
3,144
633 E 8th St, Traverse City, MI
0.74
Multi-Family Home
$325,000
08/11/26
4
2
1,428
848 E State St, Traverse City, MI
0.33
Multi-Family Home
$285,000
05/19/26
2
1
703
1006 Lincoln St, Traverse City, MI
0.48
Multi-Family Home
$384,900
08/17/26
2
2
1,043
214 Wellington St #216, Traverse City, MI
0.88
Multi-Family Home
$530,000
06/12/26
4
2.5
1,770
6273 Summit Ct, Traverse City, MI
1.41
Multi-Family Home
$628,000
05/06/26
3
2.5
2,401
517 S Oak St, Traverse City, MI
1.74
Multi-Family Home
$437,500
06/01/26
4
4
2,158
628 6th St, Traverse City, MI
1.89
Multi-Family Home
$725,000
01/27/26
5
4.5
3,700
111 W 14th St, Traverse City, MI
1.67
Multi-Family Home
$365,000
04/10/26
3
1.5
1,252
535 W 12th St, Traverse city, MI
1.91
Multi-Family Home
$650,000
08/07/26
3
3
2,490

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1047 E Front St, Traverse City, MI 49686
0.01
$410,400
2
1
840
Off Market
1037 E State St, Traverse City, MI 49686
0.08
$364,000
2
1
926
Recently Sold
1029 E Front St, Traverse City, MI 49686
0.06
-
2
1
720
Off Market
1031 E State St, Traverse City, MI 49686
0.09
$360,100
2
1
1,078
Off Market
1024 E Front St, Traverse City, MI 49686
0.08
$560,000
2
2
1,249
Off Market
1021-1027 E Front St, Traverse City, MI 49686
0.07
$617,800
6
4
3,300
Off Market
1011 E Front St, Traverse City, MI 49686
0.08
$424,900
2
2.5
1,440
For Sale
1036 E State St, Traverse City, MI 49686
0.12
$376,900
3
1
996
Off Market
1021 E Front St, Traverse City, MI 49686
0.08
$389,500
2
2.5
1,713
Off Market
1015 E State St, Traverse City, MI 49686
0.12
$298,600
2
1
1,014
Off Market
1023 E Front St, Traverse City, MI 49686
0.09
$453,500
3
3.5
1,632
Off Market

Price and Tax history

DateEventPrice
Sep 3, 2026
Source: NGLRMLS #1950164
Listed For Sale
$539,900
Jan 16, 2019
Source: NGLRMLS #1853948
Sold
$315,000
Jan 16, 2019
Source: Agent Provided
PendingToActive
$324,900
Oct 15, 2018
Source: Agent Provided
Pending
$324,900
Oct 12, 2018
Source: Agent Provided
Listed For Sale
$324,900

LGBTQ Local Legal Protections

Erica Foerster, REO-TCFront-233021, Cell: 210-286-8954
Agent Phone: (210) 286-8954
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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Frequently asked questions about 1055 E Front St

  • What is the estimated monthly payment for 1055 E Front St?
    Based on a $539,900 list price with 20% down at today's rates, the estimated monthly payment for 1055 E Front St in Traverse City, MI is approximately $3,260 (about $2,848 principal & interest, $337 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1055 E Front St compare to homes in Traverse City?
    1055 E Front St in Traverse City, MI is listed at $539,900, about 17% above the $462K median sale price in Traverse City.
  • What do residents say about Traverse City?
    Residents describe Traverse City, MI as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Traverse City, MI.
  • What are the closest schools to 1055 E Front St?
    The closest schools to 1055 E Front St in Traverse City, MI are Central High School (Middle, rated 7/10), East Middle School (rated 7/10), Eastern Elementary School (Pre-K, rated 7/10).
  • Does 1055 E Front St have air conditioning?
    Yes, 1055 E Front St in Traverse City, MI has air conditioning.
  • Does 1055 E Front St have laundry facilities?
    Yes, 1055 E Front St in Traverse City, MI has in-unit laundry.
1055 E Front St, Traverse City, MI 49686 is a 5 bedroom, 4 bathroom, 3,138 sqft multi-family built in 1895. This property is currently available for sale and was listed by NGLRMLS on Sep 3, 2026. The MLS # for this home is MLS# 1950164.