Sold
3111 Cresthill Lane, Traverse City, MI 49686
Sold on 05/29/2026 for$400,000
MLS # 1944827 (Northern Great Lakes REALTORS® MLS)
Built 19891.08 acres
1 / 23
Listing Description
This is a your opportunity to invest in an excellent income property with strong rental history. Conveniently located off of Five Mile Road in East Bay Township. This home has been well-maintained and recently updated with new windows, doors, kitchen flooring, cabinets, and flooring. Each unit has it's own laundry hookup. Fully encapsulated crawlspace. There is presently a 2-stall garage but property allows for an additional 1400 sq foot garage to be built. Property includes 2 septic systems which have been regularly pumped.
Source: SparkMLS
About this home
2-bath home in Traverse City built in 1989.
Final sale price: $400,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size1.08 acres
Year Built1989
Location
CityTraverse City
Zip Code49686
CountyGrand Traverse County
Construction & Systems
BasementCrawl Space
HeatingBaseboard, Wall Furnace
WaterPrivate Water
Sale & Financing
Listed5/7/2026
Sold Date5/28/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Sally Roeser
Key Realty One-TC
Frequently Asked Questions about 3111 Cresthill Lane, Traverse City, MI 49686
What financing options are available for 3111 Cresthill Lane, Traverse City, MI 49686?
Per MLS# 1944827, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 3111 Cresthill Lane, Traverse City, MI 49686 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 3111 Cresthill Lane, Traverse City, MI 49686 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 3111 Cresthill Lane, Traverse City, MI 49686?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. Water: Private Water. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$2,594
Principal & interest$2,594
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Cherryland Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3111 Cresthill Lane, Traverse City, MI 49686
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