848 E State St
Traverse City, MI 49686
Oak Park
2 Beds
1 Bath
703 sqft
2 Beds
1 Bath
703 sqft
Home Value
Trulia Estimate
$287KSince last month
$100 (0%)Since last year
Increased$30K (+11.6%)Since last sale
Increased$2K (+0.8%)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 | $287K |
| July 2026 | $287K |
| June 2026 | $286K |
| May 2026 | $285K |
| April 2026 | $284K |
| March 2026 | $260K |
| February 2026 | $249K |
| January 2026 | $242K |
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 |
|---|---|---|---|---|---|---|---|
0.43 | Multi-Family Home | $384,900 | 08/17/26 | 2 | 2 | 1,043 | |
0.42 | Multi-Family Home | $325,000 | 08/11/26 | 4 | 2 | 1,428 | |
0.57 | Multi-Family Home | $530,000 | 06/12/26 | 4 | 2.5 | 1,770 | |
1.49 | Multi-Family Home | $275,000 | 12/31/25 | 2 | 1 | 820 | |
0.40 | Multi-Family Home | $915,000 | 12/29/25 | 8 | 4 | 3,144 | |
1.35 | Multi-Family Home | $365,000 | 04/10/26 | 3 | 1.5 | 1,252 | |
1.78 | Multi-Family Home | $250,000 | 08/06/26 | 3 | 1 | 1,154 | |
1.41 | Multi-Family Home | $437,500 | 06/01/26 | 4 | 4 | 2,158 | |
1.54 | Multi-Family Home | $140,000 | 12/01/25 | 3 | 2 | 1,848 |
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 | $638,200 | 3 | 2 | 2,144 | Off Market | |
0.05 | $466,700 | 2 | 2 | 1,434 | Off Market | |
0.07 | $368,300 | 3 | 2 | 955 | Off Market | |
0.05 | $459,000 | 3 | 1.5 | 1,307 | Off Market | |
0.05 | $495,600 | 3 | 1.5 | 1,307 | Off Market | |
0.05 | $725,000 | 4 | 2 | 2,379 | Recently Sold | |
0.06 | $748,600 | 3 | 2 | 2,479 | Off Market | |
0.07 | $695,400 | 3 | 2 | 1,632 | Off Market | |
0.09 | $849,000 | 3 | 2.5 | 3,802 | Off Market | |
0.10 | $573,800 | 4 | 2 | 1,995 | Off Market | |
0.11 | $617,900 | 3 | 2 | 1,560 | Off Market |
Local Information
- Map ViewExplore the area around 848 E State St.
- Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1895
Living Area
703 sqft
Price/Sqft
$405/sqft
Parking
Garage
About this House
There’s something special about a home that has stood the test of time - and at 848 E State Street, that story begins in 1895, the very year Traverse City was incorporated. For over a century, this home has quietly watched the city grow around it, housing generations of families along the way. Now, it’s ready for its next chapter. Set on a desirable in-town lot, this 700 square foot home is located in one of downtown Traverse City’s most sought-after neighborhoods. Whether you envision a full renovation that honors its history or a fresh start with new construction, there are multiple possibilities. The lot lends itself well to a new single-family home or a duplex, making it an attractive option for both homeowners and investors alike. Location is where this property truly shines. Just a short walk brings you to the heart of downtown - restaurants, shops, parks, and the beach is only a 5-minute walk away. It’s the kind of setting that has always held value and always will. Opportunities like this are increasingly hard to find - a property rich with history, set in an exceptional location, and ready for new vision.
848 E State St, Traverse City, MI 49686 is a 2 bedroom, 1 bathroom, 703 sqft multi-family in Oak Park, built in 1895. It last sold for the $285,000 asking price on May 19, 2026. More recently, it was listed as a rental in March 2025 with an asking price of $1,750 per month. That rental listing was removed on March 27, 2025. It is currently off market. The Trulia Estimate is $287,400, with a rent estimate of $1,549/month.
Last check for updates: about 6 hours ago
Listed by Jennifer Gaston, (231) 313-0591
REMAX Bayshore - Union St TC, (231) 941-4500
Bought with: Kelly Clark, (231) 392-3444, The Mitten Real Estate Group, (231) 421-1970
Source: NGLRMLS, MLS#1943789
Home Details for 848 E State St
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Interior Details Basement: Michigan Basement,Crawl SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Master Bathroom, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 703 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Gas Water HeaterLaundry: Main LevelRefrigerator |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: NoneFloors: Laminate, Tile |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Covered, PorchOther Structures: NoneExterior: SidewalkFoundation: BlockNo Private Pool |
Parking & Garage Number of Garage Spaces: 2No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 2Parking: Detached,Alley Access,Gravel |
Frontage Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
Finished Area Finished Area (above surface): 703 Square Feet |
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Cumulative Days on Market: 35 |
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Year Built Year Built: 1895 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: Frame, Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: FixerParcel Number: 285164209900 |
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Price List Price: $285,000Price Per Sqft: $405/sqft |
Status Change & Dates Off Market Date: Tue May 19 2026Possession Timing: Close Of Escrow |
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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 District: Traverse City Area Public SchoolsJr High / Middle School District: Traverse City Area Public SchoolsHigh School District: Traverse City Area Public Schools |
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Building Area Building Area: 703 Square Feet |
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Community Features: None |
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HOA Fee Includes: None |
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Lot Area: 5662.8 sqft |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
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BasementMls Number: 1943789Above Grade Unfinished Area: 703 |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 19, 2026 Source: NGLRMLS #1943789 | Sold | $285,000 |
May 14, 2026 Source: NGLRMLS #1943789 | Pending | $285,000 |
Apr 15, 2026 Source: NGLRMLS #1943789 | Listed For Sale | $285,000 |
Mar 27, 2025 Source: Zillow Rentals | ListingRemoved | $1,750 |
Mar 10, 2025 Source: Zillow Rentals | Listed For Rent | $1,750 |
Nov 12, 2023 Source: Zillow Rentals | ListingRemoved | |
Oct 26, 2023 Source: Zillow Rentals | PriceChange | $1,595 Price decreased by 3% |
Oct 25, 2023 Source: Zillow Rentals | Listed For Rent | $1,650 |
Sep 12, 2012 Source: Agent Provided | ListingRemoved | $120,000 |
Jun 6, 2012 Source: Agent Provided | Listed For Sale | $120,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,556 | $239,000 |
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
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.
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 848 E State St
- What is 848 E State St estimated to be worth?Trulia's estimated value for 848 E State St in Traverse City, MI is $287,400.
- What is the price history for 848 E State St?848 E State St in Traverse City, MI last sold for $285,000 in May 2026.
- 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 848 E State St have laundry facilities?Yes, 848 E State St in Traverse City, MI has laundry facilities.
- Is there a virtual tour of 848 E State St?Yes, a virtual tour of 848 E State St in Traverse City, MI is available.
Explore by feature - Pet Friendly
SPECIAL OFFERPET FRIENDLY
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