Nestled in the heart of downtown Traverse City on highly sought-after Fifth Street, this 3 bedroom, 1 bath home offers a rare chance to create your dream space in one of Traverse City's most desirable locations. Set on a city lot with mature trees and ample yard space, this property includes a 1-car garage and all the potential that comes with a prime downtown address. Just steps away from restaurants, shops, parks, and the Bay, this property combines location, lot, and limitless potential. Don’t miss your chance to reimagine this Fifth Street gem and bring your vision to life in the heart of Traverse City.
For sale
$425,000
521 5th St, Traverse City, MI 49684
3beds
956sqft
Est.:
Single Family Residence
Built in 1900
6,969.6 Square Feet Lot
$405,200 Zestimate®
$445/sqft
$-- HOA
What's special
Ample yard space
- 5 days |
- 1,140 |
- 31 |
Zillow last checked: 8 hours ago
Listing updated: December 07, 2025 at 10:10pm
Listed by:
Molly Buttleman 231-463-6969,
@properties Christie's Int'l 231-642-2363
Source: NGLRMLS,MLS#: 1941009
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Bedroom 2
- Level: Upper
- Area: 81
- Dimensions: 9 x 9
Bedroom 3
- Level: Upper
- Area: 81
- Dimensions: 9 x 9
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Area: 140
- Dimensions: 10 x 14
Kitchen
- Level: Main
- Area: 170
- Dimensions: 10 x 17
Living room
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Heating
- Forced Air, Natural Gas
Appliances
- Included: Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
- Laundry: Lower Level
Features
- Bookcases, Entrance Foyer, Pantry, Breakfast Nook, Solid Surface Counters, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Windows: Drapes
- Basement: Michigan Basement
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 956
- Total interior livable area: 956 sqft
- Finished area above ground: 956
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Door Opener, Alley Access, Asphalt
- Garage spaces: 1
Accessibility
- Accessibility features: Covered Entrance
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Covered, Porch
- Exterior features: Sidewalk
- Waterfront features: None
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 42 x 165
- Features: Cleared, Level, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 285163811500
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: N/A
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $132,461
- Annual tax amount: $7,139
- Price range: $425K - $425K
- Date on market: 12/5/2025
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$405,200
$385,000 - $425,000
$2,208/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $425,000+9%$445/sqft |
Source:  NGLRMLS #1941009 Report a problem | ||
| 8/11/2025 | Sold | $390,000-8.2%$408/sqft |
Source: NGLRMLS #1934553 Report a problem | ||
| 6/2/2025 | Listed for sale | $425,000$445/sqft |
Source: NGLRMLS #1934553 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,139 +6.7% | $179,700 +9.8% |
| 2024 | $6,691 +4.8% | $163,700 +18.5% |
| 2023 | $6,384 +2.5% | $138,100 +7.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,533/mo
Principal & interest
$2083
Property taxes
$301
Home insurance
$149
Climate risks
Neighborhood: Central
Nearby schools
GreatSchools rating
- 7/10Central Grade SchoolGrades: PK-6Distance: 0.3 mi
- 9/10Central High SchoolGrades: 8-12Distance: 2.2 mi
- 8/10East Middle SchoolGrades: 6-8Distance: 5.3 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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