119 E  8th St #5, Traverse City, MI 49684
Property image
Property image
OFF MARKET

119 E 8th St #5
Traverse City, MI 49684

Downtown
  • 1 Bed
  • 1.5 Baths
  • 917 sqft

$395,800

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,342/mo*

$395,800

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,342/mo*
1 Bed
1.5 Baths
917 sqft

Home Value

Trulia Estimate
$396K
Since last month
Decreased$4K (-0.9%)
Since last year
Decreased$12K (-2.8%)
Since last sale
Increased$20K (+5.4%)
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 +72% in the last 10 years
MonthEstimated value
2026
August 2026$395K
July 2026$399K
June 2026$389K
May 2026$395K
April 2026$388K
March 2026$387K
February 2026$385K
January 2026$389K
2025
2024
2023
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
0.11
Condo
$380,000
06/09/26
1
1.5
804
0.11
Condo
$385,000
10/17/25
1
1
1,173
0.03
Condo
$315,000
04/13/26
1
1
571
0.00
Condo
$415,000
10/01/25
2
1
892
0.04
Condo
$305,000
12/01/25
1
1
571
0.06
Condo
$280,000
02/19/26
1
1
660
0.03
Condo
$280,000
12/05/25
1
1
573
0.13
Condo
$415,000
07/24/26
2
1.5
1,182
0.29
Condo
$318,000
07/02/26
1
1
694
0.39
Condo
$399,000
02/09/26
1
1
796

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
0.00
$428,800
2
1
892
Off Market
0.00
$403,100
2
1
917
Off Market
0.00
$425,000
2
1
892
For Sale
0.00
-
Studio
-
-
Off Market
0.00
$380,700
2
1
861
Off Market
0.03
$280,000
1
1
573
Recently Sold
0.03
$315,000
1
1
571
Recently Sold
0.04
$315,000
1
1
571
For Sale
0.04
$305,000
1
1
571
Recently Sold
0.04
$315,000
1
1
620
For Sale
0.05
$359,500
1
1
573
Off Market

Local Information

  • Map ViewExplore the area around 119 E 8th St #5.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
2013
Living Area
917 sqft
Price/Sqft
$432
HOA
$350/Monthly

About this House

Welcome to Ivy Terrace, in the heart of downtown Traverse City! This modern condo fits a wide array of lifestyles and uses... a primary residence for those seeking the ultimate low-maintenance lifestyle, or a second home with the ideal location for exploring the best of Traverse City, or a profitable short term rental. This condo had a nightly average rental rate of $313/night (May-September 2022 and 2023), while being marketed as a 2 person max rental (4 person rental is allowed). Enjoy the more spacious bedroom offered with the single bedroom layout, easily accommodating a king size bed (as compared to the 2 bed layout with much smaller bedrooms). The best restaurants & shops of downtown TC are within easy walking distance. Also nearby: Clinch Park & public beaches along West Bay, and the TART Trail. High end finishes throughout the unit including hardwood floors, granite counters & stainless steel appliances. There's plenty of room for two separate work-from-home areas, making it the ideal remote-work getaway for two professionals. The unit has been meticulously maintained and recent updates include new paint throughout the unit in 2021/2022, new carpeting in 2021 and routine cleaning/maintenance on all major appliances. Ivy Terrace stands out among other downtown condo developments with exterior access to the condos instead of interior access and the smaller size of the association (only 16 total units). This unit has an especially convenient location within the development, as it is located on the same level as the Old Town Parking Garage walkway/bridge, so no stairs required. Parking in Old Town Garage is $30/month per car. Three night minimum stay for rentals.
119 E 8th St #5, Traverse City, MI 49684 is a 1 bedroom, 2 bathroom, 917 sqft condo in Downtown, built in 2013. It last sold for $375,000 on Mar 15, 2024 (3% below the $385,000 asking price). More recently, it was listed as a rental in September 2023 with an asking price of $2,200 per month. That rental listing was removed on October 15, 2023. It is currently off market. The Trulia Estimate is $395,800, with a rent estimate of $2,047/month.
Last check for updates: about 17 hours ago
Listed by Shawn Schmidt, (231) 499-1990
Coldwell Banker Schmidt-522, (866) 603-5140
Carly Petrucci, (231) 649-3137
Coldwell Banker Schmidt-522, (866) 603-5140
Bought with: Jennifer Sterling, (231) 633-7280, Sterling Realty Alpha, (231) 633-7280
Source: NGLRMLS, MLS#1916909

Home Details for 119 E 8th St #5

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 917 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, DryerDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Wood, Carpet, Tile
Levels, Entrance, & Accessibility
Entry Location: Stairway (Indoor), Elevator, No Steps, Second Floor LevelAccessibility: Accessible Doors, Accessible Hallway(s), Accessible Approach with Ramp, Accessible Elevator InstalledFloors: Wood, Carpet, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: MembraneOther Structures: NoneExterior: Sprinkler System, SidewalkFoundation: Poured ConcreteNo Private PoolSprinkler System
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking: Other,Concrete,Shared Driveway
Frontage
Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 917 Square Feet

Days on Market

Cumulative Days on Market: 148

Property Information

Year Built
Year Built: 2013
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Single Family Residence, ApartmentArchitecture: Apartment
Building
Construction Materials: Frame, Stone, Cement Siding, Brick, BlockNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Parcel Number: 5170300500

Price & Status

Price
List Price: $385,000Price Range: $375,000 - $385,000
Status Change & Dates
Off Market Date: Fri Mar 15 2024Possession Timing: Negotiable

Active Status

MLS Status: Sold Co-op Member

Location

Direction & Address
City: Traverse CityCommunity: Ivy Terrace
School Information
Elementary School District: Traverse City Area Public SchoolsJr High / Middle School District: Traverse City Area Public SchoolsHigh School District: Traverse City Area Public Schools

Building

Building Area
Building Area: 917 Square Feet

Community

Community Features: Pets Allowed, Common Area

HOA

HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire InsuranceHOA Fee: $4,200/Annually

Offer

Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash

Miscellaneous

Mls Number: 1916909Attribution Contact: Cell: 231-499-1990Above Grade Unfinished Area: 917

Additional Information

Pets AllowedCommon Area

Price and Tax history

DateEventPrice
Mar 15, 2024
Source: NGLRMLS #1916909
Sold
$375,000
Dec 6, 2023
Source: NGLRMLS #1916909
PriceChange
$385,000
Price decreased by 1%
Nov 9, 2023
Source: NGLRMLS #1916909
PriceChange
$389,000
Price decreased by 3%
Oct 19, 2023
Source: NGLRMLS #1916909
Listed For Sale
$399,000
Oct 15, 2023
Source: Zillow Rentals
ListingRemoved

Market trends in Traverse City

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 12 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 90 % Say people would walk alone at night

  • 81 % Say kids play outside

  • 75 % Say streets are well-lit

  • 73 % Say there are sidewalks

  • 71 % Say it's walkable to restaurants

  • 71 % Say there's holiday spirit

  • 69 % Say yards are well-kept

  • 67 % Say they plan to stay for at least 5 years

  • 65 % Say car is needed

  • 65 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 63 % Say parking is easy

  • 44 % Say it's walkable to grocery stores

  • 43 % Say there are community events

  • 41 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • 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!"
  • ben d.
    "we live here and love our location on the river with kayaks, etc, floating by. a 10 minute walk places you downtown with State theatre and "foodie", non franchise restaurants & shopping. 5 minutes more is on Lake Michigan swimming beach & boat rentals."
  • ben d.
    "Live here 7 months and totally enjoy the walking proximity to downtown activities and restaurants, as well as Clinch Park & marina. Having an enclosed porch on the river has its own pleasure, given the armada of kayaks & flatboards passing by: also most meals & happy hours are spent here. "

LGBTQ Local Legal Protections

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.

Frequently asked questions about 119 E 8th St #5

  • What is 119 E 8th St #5 estimated to be worth?
    Trulia's estimated value for 119 E 8th St #5 in Traverse City, MI is $395,800.
  • What is the price history for 119 E 8th St #5?
    119 E 8th St #5 in Traverse City, MI last sold for $375,000 in March 2024.
  • Is Traverse City a buyer's or seller's market?
    Traverse City is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Traverse City?
    The median sale price in Traverse City is $462K. That is up $4.92K from the prior month.
  • Does 119 E 8th St #5 have air conditioning?
    Yes, 119 E 8th St #5 in Traverse City, MI has air conditioning.
  • Does 119 E 8th St #5 have laundry facilities?
    Yes, 119 E 8th St #5 in Traverse City, MI has in-unit laundry.

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