Sold
Last Sold Price
525 sqft
4068 Cedar Run Road, Traverse City, MI 49684
Multi FamilyProperty Type
0.78 acresLot Size
1940Year Built
$771/sq ftPrice per sq ft

Description

Fantastic location, close to Munson and downtown Traverse City. Currently all units are rented and provide steady income; units are paid by Michigan housing authority. Zoned Commercial-General for multiple uses making this a great long term investment. Must provide proof of funds and 24 hours to show.Fantastic location, close to Munson and downtown Traverse City. Currently all units are rented and provide steady income; units are paid by Michigan housing authority. Zoned Commercial-General for multiple uses making this a great long term investment. Must provide proof of funds and 24 hours to show.
  • Listed by: Holly Gray 231.649.1878 hollygray@realestateone.com • REO-TCFront-233021
Listing closed: 10/31/2022 12:00 AM • Source: Realcomp, MLS#: 78001334892

Recent comparable sales

Median sold price

$350,000

Avg days on market

33

Sale-to-list ratio

97.1%

Traverse City, MI

9 comparable properties found

$440,000 | 514 East Eighth Street, Unit LOT: 6, Traverse City, MI 49686
1/37
1

$440,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
437
Square Feet
0.1
Acres
$440,000 | 514 East Eighth Street, Traverse City, MI 49686
1/37
2

$440,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
437
Square Feet
0.1
Acres
$437,500 | 517 South Oak Street, Traverse City, MI 49684
1/53
3

$437,500

Sold 06/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
405
Square Feet
0.1
Acres
$405,000 | 310 South Division Street, Traverse City, MI 49684
1/25
4

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Sold 02/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$350,000 | 10500 East Traverse Highway, Traverse City, MI 49684
1/40
5

$350,000

Sold 12/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
904
Square Feet
0.67
Acres
$330,000 | 205 West Fourteenth Street, Unit 1 & 2, Traverse City, MI 49684
1/33
6

$330,000

Sold 05/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
898
Square Feet
0.34
Acres
$330,000 | 205 West Fourteenth Street, Traverse City, MI 49684
1/33
7

$330,000

Sold 05/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
898
Square Feet
0.34
Acres
$280,000 | 204 South Division Street, Traverse City, MI 49684
1/27
8

$280,000

Sold 08/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
645
Square Feet
0.25
Acres
$325,000 | 633 East Eighth Street, Traverse City, MI 49686
1/14
9

$325,000

Sold 08/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres

Location

Listing Courtesy of REO-TCFront-233021

Sold By Century 21 Northland

Add your commute

Payment Calculator

$2,728 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,093

Property Taxes

$635

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4068 Cedar Run Road

Property Details
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: metes and bounds
  • Architectural Style: Ranch, Raised Ranch
  • Waterfront Features: Creek, Waterfront
  • Waterfront: Yes
  • Zoning Description: Multi-Family,Commercial,Residential
Building Information
  • Residences: 4
  • Year Built: 1940
  • Lot Size: 0.78 AC / 33,976 SF
Summary
Location and General Information
  • Directions: Coming from downtown Traverse City, take W. Front/Long Lake Rd, right onto Cedar Run Rd, drive .3 miles, driveway will be on your right.
  • Latitude: 44.759483
  • Longitude: -85.656528
  • MLS Area Major: Garfield Twp (28005)
  • Water Body Name: Kids Creek
Taxes and HOA
  • Parcel Number: 280500503110
  • Tax Legal Description: COM AT SE COR OF E1/2 OF SE1/4 OF SE1/4 TH W 322.57' TO POB TH W 170' TH N 1 DEG 11' E 178.77 FT TH N 53DEG 11' E 25.67 FT TH N 81DEG 52' E 55.31 FT TH S 88DEG 39' E 38.28 FT TH N 79DEG 47' E 57.9 FT TH S 1DEG 11' W 211.35 FT TO POB SEC 5 T27N R11W EXC RD
School Information
  • High School District: Traverse City
Property
Lot Information
  • Frontage Length: 170
  • Lot Size Acres: 0.78
  • Lot Size Dimensions: 170X195
  • Water Frontage Feet: 170.0
  • Frontage Type: Waterfront
  • Lot Features: Waterfront
Property and Assessments
  • State Equalized Value: 172200.0
  • Living Area: 525.0
  • Building Area Total: 525.0
  • Above Grade Finished Area: 525.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Other Structures: Sheds
  • Year Built: 1940
Building Features
  • Foundation Details: Basement, Block, Slab
  • Levels: One
  • Stories Total: 1
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Freezer, Microwave, Oven, Refrigerator, Range
  • Basement: Block, Daylight, Full, Walk Out Access
  • Has Basement: Yes
  • Has Cooling: No
  • Heating: Baseboard, Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
  • Window Features: Egress Windows
Exterior Features
  • Patio And Porch Features: Porch
Multi Family
Multi Family Information
  • Number of Units Total: 4
Unit Information
Unit 1
  • Total Rent: $1,000.00
  • Type: Unknown Data Share
Unit 2
  • Total Rent: $675.00
  • Type: Unknown Data Share
Unit 3
  • Total Rent: $864.00
  • Type: Unknown Data Share
Unit 4
  • Total Rent: $1,210.00
  • Type: Unknown Data Share
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Lease Terms Available: Months13to24, Month To Month

Property History for 4068 Cedar Run Road

DateEvent & SourcePriceAppreciation
Oct 31, 2022

Sold

Realcomp #78001334892

$405,000
Oct 31, 2022

Sold

MiRealSource #1334892

$405,000
Sep 29, 2022

Contract Signed

Realcomp #78001334892

DateEvent & SourcePrice
10/31/2022

Sold

Realcomp #78001334892

$405,000
10/31/2022

Sold

MiRealSource #1334892

$405,000
09/29/2022

Contract Signed

Realcomp #78001334892

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4068 Cedar Run Road

Taxable ValueLand-Additions-Total-
Tax Record2025$7,620 ($635 / month)
Home Facts
Beds3Baths3Total Finished SqFt2,099 SqFtAbove Grade Finished SqFt2,099 SqFtUnfinished Basement SqFt745 SqFtStories1Lot Size34,020 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1940CountyGRAND TRAVERSEAPN05-005-031-10

Schools near 4068 Cedar Run Road

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Willow Hill Elementary School
PublicPK to 5

West Middle School
Public6 to 8

West Senior High
Public9 to 12

Tcaps Montessori School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4068 Cedar Run Road, Traverse City, MI 49684
$405,000
525
33,976
3,032
29,403
$185,000
4
2
1,984
51,400
3,432
29,403
4,560
29,403
4,000
33,585

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of REO-TCFront-233021

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 12/09/2023 09:46 PM PST