514 E 8th St
Traverse City, MI 49686
- 4 Beds
- 3 Baths
- 1,757 sqft
4 Beds
3 Baths
1,757 sqft
Home Value
Trulia Estimate
$453KSince last month
Increased$2K (+0.5%)Since last year
Increased$11K (+2.5%)Since last sale
Increased$16K (+3.6%)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 +104% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $456K |
| July 2026 | $453K |
| June 2026 | $454K |
| May 2026 | $457K |
| April 2026 | $447K |
| March 2026 | $448K |
| February 2026 | $437K |
| January 2026 | $437K |
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 |
|---|---|---|---|---|---|---|---|
0.25 | Multi-Family Home | $530,000 | 06/12/26 | 4 | 2.5 | 1,770 | |
0.17 | Multi-Family Home | $325,000 | 08/11/26 | 4 | 2 | 1,428 | |
0.87 | Multi-Family Home | $437,500 | 06/01/26 | 4 | 4 | 2,158 | |
0.19 | Multi-Family Home | $915,000 | 12/29/25 | 8 | 4 | 3,144 | |
0.76 | Multi-Family Home | $384,900 | 08/17/26 | 2 | 2 | 1,043 | |
0.78 | Multi-Family Home | $365,000 | 04/10/26 | 3 | 1.5 | 1,252 | |
0.58 | Multi-Family Home | $285,000 | 05/19/26 | 2 | 1 | 703 | |
1.01 | Multi-Family Home | $650,000 | 08/07/26 | 3 | 3 | 2,490 | |
1.08 | Multi-Family Home | $725,000 | 01/27/26 | 5 | 4.5 | 3,700 | |
0.91 | Multi-Family Home | $275,000 | 12/31/25 | 2 | 1 | 820 |
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 |
|---|---|---|---|---|---|---|
0.04 | $548,500 | 6 | 3 | 2,346 | Off Market | |
0.10 | $334,500 | 3 | 1 | 897 | Off Market | |
0.12 | $743,900 | 3 | 2 | 1,469 | Off Market | |
0.11 | $385,900 | 3 | 2 | 1,445 | Off Market | |
0.12 | $449,000 | 5 | 2 | 1,557 | For Sale | |
0.14 | $315,000 | 1 | 1 | 692 | Recently Sold | |
0.14 | $327,000 | 2 | 2 | 950 | Off Market | |
0.14 | $366,800 | 2 | 2 | 950 | Off Market | |
0.14 | $373,100 | 2 | 2 | 950 | Off Market | |
0.14 | $361,000 | 2 | 2 | 1,000 | Recently Sold | |
0.12 | $371,300 | 3 | 2 | 1,440 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1896
Living Area
1,757 sqft
Price/Sqft
$258
Parking
None
About this House
Investors—Get READY! Don't miss this incredible opportunity to own a 3-unit multi-family home located in the heart of NoBo (North Boardman), a vibrant residential neighborhood in downtown Traverse City. Just one block from Hull Park and the TC Public Library, this property offers prime access to Boardman Lake. There are grassy picnic areas, benches, a small pavilion, and a butterfly garden filled with sculptures. The scenic Boardman Loop Trail meanders along a four-mile paved walkway through wooded paths that completely encircle the lake. The basement has been structurally reinforced, and the egress windows were repaired. The main floor was leveled. One chimney was removed entirely, while the remaining chimney was professionally capped. A new fence was added to the east side of the backyard. Gravel was placed in the parking area to improve both function and appearance. Inside, the staircase carpet has been replaced, and the entryway was upgraded with hook-ups to accommodate a W/D. Keyless entry systems were installed at the front and back doors for convenience and security. The sewer line was scoped and cleaned to ensure optimal performance. The main-level unit was repainted entirely, and the floors were replaced with high-quality luxury vinyl plank. All interior doors were replaced, and new hardware was installed throughout. Updated lighting fixtures were added in every room, and all window treatments, including blinds and drapes, are brand new. In the bathroom, the toilet was replaced. The kitchen underwent a complete renovation, including brand new cabinetry, new countertops, a stylish backsplash, new sink and fixtures, a modern ventilation hood, and a new refrigerator and microwave. With its unbeatable location and proximity to parks, recreation, and downtown amenities, this is a smart investment for anyone looking to expand their real estate portfolio.
514 E 8th St, Traverse City, MI 49686 is a 4 bedroom, 3 bathroom, 1,757 sqft multi-family built in 1896. It last sold for the $440,000 asking price on Jun 20, 2025. It is currently off market. The Trulia Estimate is $453,100, with a rent estimate of $2,428/month.
Last check for updates: about 2 hours ago
Listed by Erica Foerster, (210) 286-8954
REO-TCFront-233021, (231) 947-9800
Laura Cobb, (231) 409-7712
REO-TCFront-233021, (231) 947-9800
Bought with: Jaimie Fellows-Garno, (231) 920-6617, City2Shore Real Estate Northern Michigan, (231) 839-0077
Source: NGLRMLS, MLS#1933656

Home Details for 514 E 8th St
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Interior Details Basement: Partial,Michigan Basement |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 1757 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Gas Water HeaterDishwasherLaundry: Laundry Hook-upMicrowaveRefrigerator |
Heating & Cooling Heating: Forced Air,Natural GasHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Blinds |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioOther Structures: NoneExterior: GardenGardenNo Private Pool |
Parking & Garage No CarportNo GarageNo Open ParkingParking: None |
Frontage Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 38 |
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Year Built Year Built: 1896Year Renovated: 2002 |
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: 285163400600 |
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Price List Price: $440,000 |
Status Change & Dates Off Market Date: Fri Jun 20 2025Possession Timing: Close Of Escrow, Negotiable, Subject To Tenant Rights |
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MLS Status: Sold Co-op Member |
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Direction & Address City: Traverse CityCommunity: Boardman Oak Park |
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 |
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Building Area Building Area: 1757 Square Feet |
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Community Features: None |
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Lot Area: 4356 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Cash, 1031 Exchange |
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Energy Efficiency Features: Not Applicable |
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Rent Includes: Liability Insurance |
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BasementMls Number: 1933656Attribution Contact: Cell: 210-286-8954 |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 20, 2025 Source: NGLRMLS #1933656 | Sold | $440,000 |
Jun 10, 2025 Source: NGLRMLS #1933656 | Pending | $440,000 |
May 13, 2025 Source: NGLRMLS #1933656 | Listed For Sale | $440,000 |
Oct 26, 2023 Source: NGLRMLS #1915851 | Sold | $358,500 |
Oct 10, 2023 Source: NGLRMLS #1915853 | Pending | $385,000 |
Sep 19, 2023 Source: NGLRMLS #1915851 | Listed For Sale | $385,000 |
May 2, 2022 Source: RE/MAX of Michigan Solds #1898712_49686 | Sold | $360,000 |
Apr 20, 2022 Source: NGLRMLS #1898712 | Listed For Sale | $335,000 |
Apr 20, 2004 Source: N/A | Sold | $140,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,070 | $435,600 |
Home facts updated by county records
Market trends in Traverse City
Last updated July 2026
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
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.
LGBTQ Local Legal Protections
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.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Frequently asked questions about 514 E 8th St
- What is 514 E 8th St estimated to be worth?Trulia's estimated value for 514 E 8th St in Traverse City, MI is $453,100.
- What is the price history for 514 E 8th St?514 E 8th St in Traverse City, MI last sold for $440,000 in June 2025.
- 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 514 E 8th St have laundry facilities?Yes, 514 E 8th St in Traverse City, MI has laundry facilities.
- Is there a virtual tour of 514 E 8th St?Yes, a virtual tour of 514 E 8th St in Traverse City, MI is available.

