For Sale26d on market
315 Fair St
Traverse City, MI, 49686 • 49686 • Grand Traverse County
$235,000
0.18 acLot
Property DNA
Waterfront Property
None
Foster & Crotsers Add
49686
Garage(s)
Garage(s)
Garage
Garage
This home is getting attention
Listed 26 days ago · 189 views
Market activity
Demand and pricing signals for this listing
189 views
People checking out this listing
26 days on market
Recently listed
Selling Soon Prediction
HighThis home ranks in the top 29% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
Prime Traverse City opportunity in the heart of it all! This vacant parcel at 315 Fair St sits directly across from the Civic Center and puts you minutes from everything that makes TC so desirable Dennos Museum, TC Central High School, downtown, West Bay beaches, Munson, shopping, dining, and easy drive to Cherry Capital Airport. Zoned R-1B, this property provides options for 2 single-family homes, with garage or possible accessory dwelling unit (ADU)-subject to city approval. With city water, sewer, and natural gas available. Whether you’re a developer looking for a high-demand location with strong resale /rental potential, or a future homeowner dreaming of a custom build close to parks, trails, and the best of Traverse City, this parcel checks the boxes for lifestyle and investment. Bring your plans and unlock the potential of this rare, centrally located build site!
Estimated monthly payment
Based on current rates
$1,548/month
Principal & Interest$1,235
Property Tax$235
Insurance$78
Down payment20% ($47,000)
3%50%
Est. 6.88% rate · 30yr fixed · $188,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerPublic, None / Public Sewer, None
Parking & Outdoor
ParkingGarage
Lot7,840 sqft
Location & Tax
Neighborhood49686
Annual tax$555
Parcel5158200810
Features & details
5 categories of property features
Exterior Features
Parking
Garage
Lot Features
Level
Other
Community
None
Utilities
Electricity Available
Other Structures
Garage(s)
Listing insights
Market data and value estimates
StatusFor Sale
Days on market26
Est. rent$2,070/mo
Tax rate0.75%
On marketMar 15, 2026
PostedMar 15, 2026
MLS updatedMar 17, 2026
Tour days6
Views189
How are the schools in Traverse City?
3 schools rated nearby
Location
Traverse City, MI, 49686
Price history
7 events
DateEventPrice$/sqftSource
Mar 15, 2026Listed For Sale$235,000—NGLRMLS
Mar 13, 2026Listing Removed$245,000—NGLRMLS
Jan 16, 2026Listed For Sale$245,000—NGLRMLS
Jan 15, 2026Listing Removed$245,000—NGLRMLS
Dec 14, 2025Listed For Sale$245,000—NGLRMLS
Dec 14, 2025Listing Removed$250,000—NGLRMLS
Nov 13, 2025Listed For Sale$250,000—NGLRMLS
Listed For Sale$235,000
Mar 15, 2026•NGLRMLS
Listing Removed$245,000
Mar 13, 2026•NGLRMLS
Listed For Sale$245,000
Jan 16, 2026•NGLRMLS
Listing Removed$245,000
Jan 15, 2026•NGLRMLS
Listed For Sale$245,000
Dec 14, 2025•NGLRMLS
Listing Removed$250,000
Dec 14, 2025•NGLRMLS
Listed For Sale$250,000
Nov 13, 2025•NGLRMLS
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2025$555$80,600
Apr 10, 2024$516$68,700
Apr 10, 2023$493$46,000
Apr 10, 2022$483$43,500
Apr 10, 2021$478$42,400
Apr 10, 2020$477$36,300
Apr 10, 2019$477$30,800
Apr 10, 2018$467$29,000
Apr 10, 2017—$25,700
Apr 10, 2016—$20,000
Apr 10, 2014—$16,300
Apr 10, 2012—$16,200
Apr 10, 2011—$16,200
Apr 10, 2010—$21,200
Apr 10, 2009—$21,200
Apr 10, 2008—$21,900
Apr 10, 2007—$21,900
Apr 10, 2005—$21,810
Apr 10, 2004—$16,140
Apr 10, 2003—$16,130
Apr 10, 2002—$16,130
Apr 10, 2001—$16,130
Apr 10, 2000—$10,600
Nearby homes
Neighborhood details
Local context around this listing
Traverse City, MI • Grand Traverse County
Nearby neighborhoods
BoardmanCentralChums CornerDowntownGreilickvilleKids CreekOak ParkOld TowneSlab TownTraverse Heights
Nearby cities
CedarEmpireFife LakeGrawnInterlochenKingsleyMaple CitySuttons Bay
Nearby zip codes
4967349684496854968649696
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The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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