3111 Cresthill Lane

Traverse City MI 49686

840 sq. ft.

1.08 ac.

Multi-Family

Last sold for $400,000

Sally Roeser, last sold this property on 29 May 2026 after 21 days on market.

Overview

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.

Features

1 carspace

1 garage space

840 sq. ft. floor area

1.08 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Traverse City over the last 12 months, the estimated median property value of 3111 Cresthill Lane is $550k.

Median value

$550k

Estimated value range

$220k - $915k

Median days on market

Estimated value trend

12%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Traverse City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3111 Cresthill Lane

2026

Sold

$400,000

29 May 2026 by Sally Roeser, of Key Realty One-TC

Happy sellers in Traverse City

We have insufficient information to provide an overview of customer satisfaction for Traverse City. Viewing the agent profiles, reviews and sales for Traverse City can provide insights for this location.