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138 W Gillis Street #19, Traverse City, MI 49684 (Sold on )

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 $550,000

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  • 2 BedBeds
  • 2 BathBaths
  • 904 SqftSqft
  • TypeCondo/Townhouse
  • Active
  • MLS# 1944454

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Property Description

Right in the heart of downtown Traverse City, this well-positioned 2-bedroom, 2-bath condo delivers the kind of lifestyle and income potential that savvy investors are actively seeking. Just steps from the shoreline of Grand Traverse Bay, along with award-winning restaurants, boutique shopping, and year-round events, the location alone drives consistent demand from both visitors and short-term renters. Inside, the layout is efficient and designed for low-maintenance ownership. Clean lines, functional living space, and lock-and-leave simplicity make it ideal as a personal retreat, second home, or turnkey rental. Whether hosting weekend guests or short-term tenants, the space supports ease of use and strong occupancy potential. The defining feature is the private rooftop deck overlooking the bay an elevated outdoor living space that creates a memorable guest experience and sets this unit apart in the rental market. Morning coffee with water views, sunset evenings above the city, and walkability to everything downtown all translate into lifestyle-driven value that todays renters are willing to pay for. For investors, this is more than a downtown condo, its a strategic asset in one of Northern Michigans most desirable markets. A property that not only offers enjoyment but also the potential to generate income and offset ownership costs in a high-demand, four-season destination.


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Property Details 138 W Gillis Street #19, Traverse City, MI 49684

General

  • MLS#: 1944454
  • Property Type: Condo/Townhouse
  • Property Sub Type: Residential
  • List Date: 04/30/2026
  • Year Built: 2021
  • Area: Grand Traverse
  • Subdivision: MI
  • Township: Traverse City
  • County: Grand Traverse
  • Beds: 2
  • Full Bath: 2
  • Total Baths: 2
  • Condo: Yes
  • Development Name: Gillis Street Development
  • Development Amenities: Pets Allowed
  • Main Level Master: Yes
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Trash Removal, Snow Removal, Lawn Care
  • New Construction Y/N: Yes

Interior Features

  • Interior Features: Solid Surface Counters
  • Appliances/Equipment: Refrigerator, Oven/Range, Dishwasher

Exterior Features

  • Driveway: Blacktop
  • Additional Buildings: None
  • Exterior Features: Bay View

Schools

  • School District: Traverse City Area Public Schools

Structure

  • Style: 2 Story, Contemporary
  • Roof: Membrane
  • Foundation: Slab

Size & Lot

  • Sq.Ft.: 904
  • Land Features: Level

Utilities

  • Sewer: Municipal
  • Water: Municipal
  • Heating/Cooling Sources: Electric
  • Heating/Cooling Type: Forced Air, Central Air

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