864 E  State St, Traverse City, MI 49686
Property image
Property image
OFF MARKET

$393,500

Trulia Estimate
  • Studio
  • 1,181 sqft (on 0.25 acres)

864 E State St, Traverse City, MI 49686

Oak Park
Est. Refi. Payment $2,338/mo*
Refinance Your Home
Currently Off Market - Sold Jul 2, 2021 for $250,000

Home Value

Trulia Estimate
$394K
Since last month
Decreased$11K (-2.7%)
Since last year
Decreased$305K (-43.5%)
Since last sale
Increased$146K (+58.2%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$396K
July 2026$407K
June 2026$412K
May 2026$400K
April 2026$396K
March 2026$396K
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
0.04
Multi-Family Home
$285,000
05/19/26
2
1
703
0.40
Multi-Family Home
$384,900
08/17/26
2
2
1,043
0.45
Multi-Family Home
$325,000
08/11/26
4
2
1,428
0.43
Multi-Family Home
$915,000
12/29/25
8
4
3,144
0.61
Multi-Family Home
$530,000
06/12/26
4
2.5
1,770
1.38
Multi-Family Home
$365,000
04/10/26
3
1.5
1,252
1.52
Multi-Family Home
$275,000
12/31/25
2
1
820
1.82
Multi-Family Home
$250,000
08/06/26
3
1
1,154
1.73
Multi-Family Home
$220,000
03/02/26
4
2
1,560
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
0.05
$366,800
3
2
955
Off Market
0.04
$639,000
3
2
2,144
Off Market
0.06
$575,000
4
2
1,995
Off Market
0.07
$618,800
3
2
1,560
Off Market
0.04
$696,500
3
2
1,632
Off Market
0.04
$285,000
2
1
703
Recently Sold
0.05
$849,700
3
2.5
3,802
Off Market
0.05
$456,100
3
1.5
1,307
Off Market
0.05
$495,400
3
1.5
1,307
Off Market
0.06
$725,000
4
2
2,379
Recently Sold
0.13
$325,000
2
2
813
Recently Sold
0.13
$389,200
2
2
765
Off Market

Local Information

  • Map ViewExplore the area around 864 E State St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1901
Lot Size
0.25 acres
Living Area
1,181 sqft
Price/Sqft
$333

About this House

Investment opportunity. Downtown Traverse City duplex zoned R1-B. One unit is a 1 bedroom, 1 bath with a newer furnace servicing that side. The second unit is a 2 bedroom, 1 bath unit with a mudroom off the back. The 2 bedroom unit is in need of a new furnace. Duplex is not occupied. Covered porch and shared basement area.
864 E State St, Traverse City, MI 49686 is a studio, 1,181 sqft multi-family in Oak Park, built in 1901. It last sold for $250,000 on Jul 2, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $393,500, with a rent estimate of $2,050/month.

Home Details for 864 E State St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Year Built
Year Built: 1901
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Sep 19, 2025
Source: NGLRMLS #1933820
ListingRemoved
$775,000
May 15, 2025
Source: NGLRMLS #1933820
Listed For Sale
$775,000
Jul 2, 2021
Source: NGLRMLS #1888498
Sold
$250,000
Jun 15, 2021
Source: RE/MAX of Michigan #1888498
Pending
$235,000
Jun 14, 2021
Source: NGLRMLS #1888498
Contingent
$235,000

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

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 864 E State St

  • What is 864 E State St estimated to be worth?
    Trulia's estimated value for 864 E State St in Traverse City, MI is $393,500.
  • What is the price history for 864 E State St?
    864 E State St in Traverse City, MI last sold for $250,000 in July 2021.
  • 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.

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Off Market Homes Near 864 E State St

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