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Sold on 12/08/2016
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10131 Us-31, Interlochen, MI 49643

$474,000

Last sold 12/08/2016 for $240K

  • —

    bed

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    bath

Multi-family not for sale
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About 10131 Us-31

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 36.87 Acre
Movoto estimate
Rental estimate
Property description
Unique opportunity for someone with a vision. 36.87 acres along US 31 with its own private lake. Currently 9 rental apartments, plus 2 small homes. 6 of the acres could be zoned commercial which opens up lots of possibilities for development or upgrade the existing structures and continue leasing apartments. State nature preserve adjoins to the west. Property is being sold as is. Water frontage is approximate.New boiler and new roof on main building.
Listed by
Listing Agent - John C Washburn
Listing Office - Coldwell Banker Schmidt Traverse City
Source: MiRealSource, Inc mls logo
MLS#1331622 • last updated 4 years ago
Movoto checked MiRealSource, Inc for data 7 minutes ago
Overview
Status Closed
Type Multi-Family
SubType Apartment
Lot Size (Acres) 36.87
Year Built 1970
Interior
Appliances Other-See Remarks
Exterior
Foundation Barn, Basement
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Septic
Water Private Well
Utilities Cable Available
Location
Water Features Water View
County Green Lake Twp (28007)
Subdivision N/a
$474K
Range: $80.5K-$867K
Last 30 days 
Rental est.: $1,350/month
Gross rent multiplier: 14.8
  • Dec 2016
    mls logo MLS # 1740484
  • Dec 28, 2016 Sold
    $240,000
  • Oct 29, 2012 Listed
    $280,000
  • Dec 2016
    mls logo MLS # 1331622
  • Dec 28, 2016 Sold
    $240,000 (-14.3%)
  • Oct 29, 2012 Listed
    $280,000
  • Year Property taxes Tax assessment
  • 2024
    $6,863 +5.2%
    $400,200 +3.98%
  • 2023
    $6,525 +5.0%
    $384,900 +54.7%
  • 2022
    $6,214 +2.7%
    $248,800
  • 2021
    $6,050 +1.0%
    $248,800 +7.24%
  • 2020
    $5,991 +1.8%
    $232,000
  • 2019
    $5,887 +2.1%
    $232,000 +52.83%
  • 2018
    $5,765 -3.0%
    $151,800 +9.84%
  • 2012
    $5,942
    $138,200
  • 10131 Us-31
    $240K
  • Green Lake Twp (28007)
    —
  • 49643
    $380K -7% y/y
  • Interlochen
    $380K -7% y/y
No chart available
Statistics calculated by Movoto

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7/10
West Middle School
public Grades 6-8
Traverse City Area Public Schools
8/10
West Senior High
public Grades 9-12
Traverse City Area Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Green Lake Twp (28007)

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  • Real Estate
  • MI
  • Grand Traverse County
  • Interlochen
  • 49643
  • 10131 Us-31
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