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615 Grant Street, Traverse City, MI 49686

OAK HEIGHTS · Grand Traverse County

Key Facts

0.13Lot (acres)

Description

615 Grant Street offers a rare opportunity to build in one of Traverse City’s in-town locations. This vacant parcel is ideally situated just minutes from downtown Traverse City, putting restaurants, coffee shops, beaches, parks, shopping, and the TART Trail all within easy reach. Whether you envision a custom single-family home or a duplex investment property, this lot offers flexibility and outstanding potential in a growing area where buildable land is becoming increasingly difficult to find. The property may be purchased for $125,000 with the requirement that the buyer use Griggs Construction Services for the build. Buyers also have the option to purchase the lot outright for $175,000 and use the builder of their choice. Whether you’re a future homeowner, investor, or builder, this is an exceptional opportunity to create something special in the heart of Traverse City.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

0.13 acres

Lot Dimensions

165 x 36

Days on Market

45

MLS® Listing#

1945634

Property Features

Exterior

None

Lot Features

Level

Community

None

Utilities

Electricity AvailableNatural Gas AvailableCable Available

Sewer

Public SewerNone

Water Source

PublicNone

Financial Details

HOA

Yes

Annual Taxes

$632

Assessed Value

$79,100

Parcel Number

28-51-778-192-30

Directions

Take 8th Street Heading east turn Right on Grant, go over train tracks. The parcel will be on the Left side

Affordability Calculator

$25,000

Estimated monthly payment

$665/mo

Principal $100,000 · Est. interest $139,509 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Traverse City, MI

$234,833
Median Listing Price
60
Median Days on Market
1,490
Median Sq Ft
$136
Median Price / Sq Ft
13,302
Active Listings
  • This home’s price is 47% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Traverse City, MI.

Location

Map showing the location of 615 Grant Street, Traverse City, MI 49686

Points of Interest in Traverse City, MI

Showing the Traverse City area map.

Nearby Schools

  • Traverse Heights Elementary School

    Elementary · 0.5 mi away

  • Oak Park Elementary School

    Elementary · 0.6 mi away

  • Traverse Bay Mennonite School

    School · 0.6 mi away

  • Traverse City Elementary School

    Elementary · 0.6 mi away

  • Bethlehem Nursery School

    Elementary · 0.7 mi away

  • Holy Angels Elementary School

    Elementary · 0.9 mi away

  • St Francis High School

    Secondary · 1.0 mi away

  • Grand Traverse Area Catholic Schools

    Elementary · 1.0 mi away

  • Traverse City Central High School

    Secondary · 1.0 mi away

  • Traverse City Area Public Schools

    Elementary · 1.1 mi away

  • Central Grade School

    Elementary · 1.2 mi away

  • Eastern Elementary School

    Elementary · 1.3 mi away

  • Glenn Loomis Elementary School

    Elementary · 1.3 mi away

  • Tcaps Montessori School

    Elementary · 1.3 mi away

  • Trinity Lutheran Church & School, LCMS

    Elementary · 1.4 mi away

  • Community Children's Center

    School · 1.6 mi away

  • Traverse City Senior High School

    Secondary · 1.7 mi away

  • Immaculate Conception Elementary School

    Elementary · 1.7 mi away

  • Traverse Bay Area Intermediate School

    School · 2.0 mi away

  • Manufacturing Technology Academy

    School · 2.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Traverse City

Listing Courtesy: REMAX Bayshore - Union St TC - 2319414500

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright ©2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by NorthernGreatLakes. MLS® Listing#1945634. © 2026EXIT Realty®. All rights reserved.