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514 Eighth St

Traverse City, MI 49686

4 bd 3 ba 1,656 sqft Built 1896 Lot 7,405 sqft multi_family
Most recent sale
$360,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2023 Listed $385,000 NGLRMLS
May 2, 2022 Sold $360,000 MLS #1898712
Apr 20, 2022 Listed $335,000 MLS #1898712

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1896
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
1,656 sqft
Lot size
7,405 sqft
ZIP code
49686
City
Traverse City
Street
Eighth St
Coordinates
44.75919, -85.61282

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,484
Gross rental yield
8.28%
Implied cap rate
5.38%
Trend-extrapolated value

Frequently asked questions

When did 514 Eighth St last sell?
514 Eighth St most recently sold on May 2, 2022 for $360,000.
What is the current tax assessment for 514 Eighth St?
No tax-assessment history is recorded for this parcel.
When was 514 Eighth St built?
514 Eighth St was built in 1896.
How does 514 Eighth St compare to others on Eighth St?
We track 8 other properties on Eighth St. Browse the list under "Other properties on Eighth St" to compare beds, baths, and sale history.
What are the property facts for 514 Eighth St?
514 Eighth St is a 4 bed, 3 bath, 1,656 sqft, 7,405 sqft lot multi_family.
Is 514 Eighth St a flip candidate?
No — 514 Eighth St does not appear in our flips dataset.
Is 514 Eighth St a tax-appeal candidate?
No — 514 Eighth St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$392.9K
2026 Q4
$362.5K
ZIP 49686 — Median Price History + Forecast

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