# 1055 E Front Street, Traverse City, MI 49686

> **TL;DR:** 5bd/4ba residential multi family, $539,900 ($172/sqft), built 1895, 3,138 sqft. Est. $2,887/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $539,900 |
| Price/sqft | $172 |
| Bedrooms | 5 |
| Bathrooms | 4 full |
| Square Feet | 3,138 |
| Year Built | 1895 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,730 |
| Estimated Insurance | $157 |
| **Total** | **$2,887** |

## Nearby Schools

- **Elementary:** Eastern Elementary School
- **Middle:** Traverse City East Middle School
- **High:** Central High School

## Property Highlights

- Built in 1895
- 0.19 acre lot
- 2 stories

## Description

### Agent Description
Turnkey Four-Unit Investment Set on a rare double lot (.19 acres) just off East Front Street's downtown-to-bay corridor, this four-unit property offers a strong income stream in one of Traverse City's most walkable, in-demand locations. Mature trees give the property a shaded, established feel just minutes from downtown shops, restaurants, and the East Bay waterfront. Three of the four units are currently leased, generating $3,425/month in combined rent; Unit 2 is available and listed at $1,750/month. Units 2 and 4 have been most recently updated, and Unit 3 includes its own washer and dryer. Each unit offers a private entryway and an efficient layout that appeals to a steady renter pool. This walk-everywhere location has a track record of long-term tenants. On-site parking for tenants is located in the rear of the building, off the alley. This is a compelling opportunity for an investor to step into immediate cash flow while retaining long-term upside through lease renewals and light updates.

## Location

- **Address:** 1055 E Front Street, Traverse City, MI 49686
- **County:** Grand Traverse
- **Coordinates:** 44.764442, -85.595974
- **Google Maps:** https://www.google.com/maps?q=44.764442,-85.595974

## Virtual Tour & Media

- **Video Tour:** https://leelanau-life-llc.aryeo.com/sites/raozvyzy/unbranded

## Listing Agent

- **Name:** Erica Foerster
- **Brokerage:** Real Estate One
- **Phone:** 2102868954
- **Broker Phone:** (248) 304-6700
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1055-E-Front-St_Traverse-City_MI_49686_M93121-11783?f=listhub&s=TAAR&m=1950164&c=propsimple)

## Photos

![1055 E Front Street - Photo 1](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3326079481r.jpg)

![1055 E Front Street - Photo 2](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3154621850r.jpg)

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![1055 E Front Street - Photo 33](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3715827374r.jpg)

![1055 E Front Street - Photo 34](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3789845967r.jpg)

![1055 E Front Street - Photo 35](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2951632518r.jpg)

![1055 E Front Street - Photo 36](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f726420454r.jpg)

![1055 E Front Street - Photo 37](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2315358468r.jpg)

![1055 E Front Street - Photo 38](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2414364645r.jpg)

![1055 E Front Street - Photo 39](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f1677745373r.jpg)

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![1055 E Front Street - Photo 43](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3372745606r.jpg)

![1055 E Front Street - Photo 44](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f1749449103r.jpg)

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![1055 E Front Street - Photo 46](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3363846805r.jpg)

![1055 E Front Street - Photo 47](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2767828668r.jpg)

![1055 E Front Street - Photo 48](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3478968335r.jpg)

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![1055 E Front Street - Photo 51](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2114531969r.jpg)

![1055 E Front Street - Photo 52](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2375099053r.jpg)

![1055 E Front Street - Photo 53](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f2150531054r.jpg)

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![1055 E Front Street - Photo 55](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f580742105r.jpg)

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![1055 E Front Street - Photo 58](http://lh.rdcpix.com/74926f248e0cbbcfb8bb75ea53d3f0ebl-f3060389567r.jpg)

---

**MLS#:** 1950164 | **Updated:** 2026-09-03
**Source:** listhub

*Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1055-e-front-street-traverse-city-mi-49686-1950164)

---

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