138 W Gillis ST, Traversecitycity_grandtraverse, MI 49684
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138 W Gillis ST, Traversecitycity_grandtraverse, MI 49684
138 W Gillis ST, Traversecitycity_grandtraverse, MI 49684
138 W Gillis ST, Traversecitycity_grandtraverse, MI 49684
138 W Gillis ST, Traversecitycity_grandtraverse, MI 49684
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Katie Wright

Katie Wright

+1(248) 403-3182
$ 550,000
Est. payment /mo
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138 W Gillis ST Traversecitycity_grandtraverse, MI 49684

2 Beds

2 Baths

904 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 904 sqft

Price per Sqft $608

Subdivision Gillis Street Development

MLS Listing ID 78080067576

Style Contemporary

Bedrooms 2

Full Baths 2

HOA Fees $500/mo

Year Built 2021

Property Sub-Type Condominium

Property Description

Right in the heart of downtown Traverse City, this well-positioned 2-bedroom, 2-bath condo delivers the kind of lifestyle and income potential that savvy investors are actively seeking. Just steps from the shoreline of Grand Traverse Bay, along with award-winning restaurants, boutique shopping, and year-round events, the location alone drives consistent demand from both visitors and short-term renters. Inside, the layout is efficient and designed for low-maintenance ownership. Clean lines, functional living space, and lock-and-leave simplicity make it ideal as a personal retreat, second home, or turnkey rental. Whether hosting weekend guests or short-term tenants, the space supports ease of use and strong occupancy potential. The defining feature is the private rooftop deck overlooking the bay an elevated outdoor living space that creates a memorable guest experience and sets this unit apart in the rental market. Morning coffee with water views, sunset evenings above the city, and walkability to everything downtown all translate into lifestyle-driven value that todays renters are willing to pay for. For investors, this is more than a downtown condo, its a strategic asset in one of Northern Michigans most desirable markets. A property that not only offers enjoyment but also the potential to generate income and offset ownership costs in a high-demand, four-season destination.

Location

State MI

County Grand Traverse

Area Area28042Traversecity

Rooms

Main Level, 9.0*14.0 Bedroom1

Main Level Laundry

Upper Level, 9.0*9.0 Bedroom2

Main Level LivingRoom

Main Level Kitchen

Interior

Heating Electric, Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features OneCarGarage, Attached, Garage

Garage Spaces 1.0

View Y/N No

Garage true

Building

Foundation Slab

Sewer Shared Septic

Water Public

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition Standard

Pets Allowed Yes

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Meagan Alexander of Blue Lakes Real Estate Group TC LLC
Katie Wright

Katie Wright

Broker Associate | License ID: 387021

+1(248) 403-3182

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138 W Gillis ST