128 Elmwood Ave
Traverse City, MI 49684
3 bd 2 ba 1,651 sqft Built 1898 Lot 7,405 sqft multi_family
Most recent sale
$465,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Sold | $465,000 | MLS #1902808 |
| Jul 20, 2022 | Listed | $485,000 | MLS #1902808 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $162,700 | $5,410 |
| 2020 | — | — | $158,900 | $5,793 |
| 2019 | — | — | $152,800 | $5,744 |
Property facts
Year built
1898
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,651 sqft
Lot size
7,405 sqft
ZIP code
49684
City
Traverse City
Street
Elmwood Ave
Coordinates
44.76503, -85.63909
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,477
Gross rental yield
6.39%
Implied cap rate
4.15%
Trend-extrapolated value
—
Frequently asked questions
When did 128 Elmwood Ave last sell?
128 Elmwood Ave most recently sold on Aug 23, 2022 for $465,000.
What is the current tax assessment for 128 Elmwood Ave?
The most recent total assessment for 128 Elmwood Ave (year 2021) is $162,700 with $5,410 in property tax.
How does 128 Elmwood Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $465,000.
When was 128 Elmwood Ave built?
128 Elmwood Ave was built in 1898.
How does 128 Elmwood Ave compare to others on Elmwood Ave?
We track 8 other properties on Elmwood Ave. Browse the list under "Other properties on Elmwood Ave" to compare beds, baths, and sale history.
What are the property facts for 128 Elmwood Ave?
128 Elmwood Ave is a 3 bed, 2 bath, 1,651 sqft, 7,405 sqft lot multi_family.
Is 128 Elmwood Ave a flip candidate?
No — 128 Elmwood Ave does not appear in our flips dataset.
Is 128 Elmwood Ave a tax-appeal candidate?
No — 128 Elmwood Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elmwood Ave