731 E  State St, Traverse City, MI 49686
OFF MARKET

$510,300

Trulia Estimate
  • 4 Beds
  • 2 Baths

731 E State St, Traverse City, MI 49686

Oak Park
Est. Refi. Payment $3,116/mo*
Refinance Your Home

Home Value

Trulia Estimate
$510K
Since last month
Increased$6K (+1.2%)
Since last year
Increased$32K (+6.6%)
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 +95% in the last 10 years
MonthEstimated value
2026
September 2026$514K
August 2026$508K
July 2026$506K
June 2026$521K
May 2026$509K
April 2026$502K
March 2026$500K
February 2026$472K
January 2026$480K
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
0.27
Multi-Family Home
$325,000
08/11/26
4
2
1,428
0.34
Multi-Family Home
$530,000
06/12/26
4
2.5
1,770
0.26
Multi-Family Home
$915,000
12/29/25
8
4
3,144
0.23
Multi-Family Home
$285,000
05/19/26
2
1
703
0.60
Multi-Family Home
$384,900
08/17/26
2
2
1,043
1.19
Multi-Family Home
$365,000
04/10/26
3
1.5
1,252
1.38
Multi-Family Home
$650,000
08/07/26
3
3
2,490
1.19
Multi-Family Home
$437,500
06/01/26
4
4
2,158
1.35
Multi-Family Home
$725,000
01/27/26
5
4.5
3,700
1.32
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
0.03
$1,537,400
3
3.5
3,763
Off Market
0.06
$500,000
2
2.5
1,274
Recently Sold
0.06
$501,500
2
2.5
1,273
Recently Sold
0.08
$875,000
3
3
2,270
For Sale
0.08
$453,375
2
2.5
1,180
Recently Sold
0.10
$1,195,000
2
2.5
1,625
For Sale
0.11
$580,000
3
3
1,302
For Sale
0.11
$475,100
2
2
1,170
Off Market
0.11
$946,700
5
3
3,900
Off Market
0.13
$565,000
3
3
1,550
Off Market
0.13
$585,000
3
2
1,350
For Sale
0.13
$502,200
2
2
1,250
Off Market

Local Information

  • Map ViewExplore the area around 731 E State St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1895
0.25 acre lot

About this House

This multi-family home is located at 731 E State St, Traverse City, MI. 731 E State St is in the Oak Park neighborhood in Traverse City, MI and in ZIP code 49686. This property has 4 bedrooms and 2 bathrooms. This property has a lot size of 10890 sqft and was built in 1895.
731 E State St, Traverse City, MI 49686 is a 4 bedroom, 2 bathroom multi-family in Oak Park, built in 1895. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $510,300, with a rent estimate of $1,782/month.

Home Details for 731 E State St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.75

Exterior Features

Exterior Home Features
Roof: CompositionExterior: WoodLawnPorch
Parking & Garage
Parking Spaces: 3Parking: Off Street

Property Information

Year Built
Year Built: 1895
Property Type / Style
Property Type: Multi FamilyArchitecture: Queen Anne / Victorian

Community

Units in Building: 2

Lot Information

Lot Area: 10890 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$5,931
$488,600
Home facts updated by county records

Market trends in Traverse City

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$3.5K
MoM
Sale-to-List Price
99.2%
0.1%
MoM
Price per sq ft
$288
$1
MoM
Available listings
637
91
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Oak Park

At least 11 Trulia users voted on each feature.
  • 100 % Say it's walkable to grocery stores

  • 95 % Say it's dog friendly

  • 93 % Say there's holiday spirit

  • 89 % Say it's walkable to restaurants

  • 89 % Say there are sidewalks

  • 77 % Say yards are well-kept

  • 77 % Say people would walk alone at night

  • 74 % Say streets are well-lit

  • 73 % Say parking is easy

  • 70 % Say it's quiet

  • 64 % Say they plan to stay for at least 5 years

  • 62 % Say car is needed

  • 53 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 40 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • PDaddy2.0
    "This is close to all the action but off to the side. Neighborhood is safe and very walkable! Having FnM Park, Civic Center, Shoreline, and Downtown all right next door makes the neighborhood extra special!"
  • Timeless456
    "Dog friendly neighborhood. most everybody likes dogs. just keep them on a leash when walking and clean up after them and everyone is happy"
  • dandepeck
    "Charming downtown neighborhood, close to F&M park, library, sunset beach, and the TART trail."

LGBTQ Local Legal Protections

Frequently asked questions about 731 E State St

  • What is 731 E State St estimated to be worth?
    Trulia's estimated value for 731 E State St in Traverse City, MI is $510,300.
  • 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 $458K. That is down $3.5K from the prior month.
  • What do residents say about the Oak Park neighborhood?
    Residents describe the Oak Park neighborhood in Traverse City, MI as walkable to grocery stores, dog-friendly, and walkable to restaurants. See recently sold homes in Oak Park, Traverse City.
  • Does 731 E State St have parking?
    Yes, 731 E State St in Traverse City, MI has on-site parking.

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Off Market Homes Near 731 E State St

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