For Sale
545 Riverine Drive, Traverse City, MI 49684
$315,000
MLS # 1947741 (Northern Great Lakes REALTORS® MLS)
1 bed1 bathBuilt 1989
1 / 42
Listing Description
Downtown Traverse City gives you options, and this condo puts you right in the middle of them. Start your morning with a walk along the Boardman River, grab coffee just minutes from your door, spend the afternoon on the TART Trail, or head downtown for dinner, shopping, and year-round events without worrying about parking. This second floor, 1 bedroom, 1 bath condo offers a comfortable, low-maintenance lifestyle with an open living space, vaulted ceilings, a gas fireplace, and a private balcony overlooking the peaceful river setting. With 654 feet of shared Boardman River frontage, you'll enjoy easy access to one of Traverse City's most scenic waterways while still being just moments from everything downtown has to offer. Association dues cover water, sewer, trash, snow removal, lawn care, exterior maintenance, liability insurance, and fire insurance, making ownership simple whether you're looking for a full-time residence, a weekend escape, or an easy place to lock up and travel from. If you've been waiting for a location that lets you enjoy the best of Traverse City without the upkeep, this one deserves a closer look.
Source: SparkMLS
About this home
This 1-bedroom, 1-bath home built in 1989 sits in Traverse City in Traverse City.
Listed at $315,000.
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms1
Bathrooms1
Year Built1989
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49684
CountyGrand Traverse County
Construction & Systems
HeatingNatural Gas, Forced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/7/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$2,304
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash
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 Matthew J Dakoske
REMAX Bayshore - Union St TC
Frequently Asked Questions about 545 Riverine Drive, Traverse City, MI 49684
Can I use FHA or VA financing for this property?
Per MLS# 1947741, 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, 545 Riverine Drive, Traverse City, MI 49684 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 545 Riverine Drive, Traverse City, MI 49684 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 545 Riverine Drive, Traverse City, MI 49684?
Per Michigan Public Service Commission service territory data: Electric: Traverse City Light & Power. Gas: DTE Gas Company. Sewer: Public. Water: Public. 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 Traverse City police department or the Grand Traverse County County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$4,347
Principal & interest$2,043
HOA$2,304
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Traverse City Light & Power
Municipal
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
545 Riverine Drive, Traverse City, MI 49684
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Municipality
Traverse City
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