#1935042, Erika Korndorfer, Listing office: REO-TCRandolph-233022
$349,900 List price
412 Franklin St Traverse City, MI 49686
3 beds
1 full
1,445 sqft
0.08 acres
$242 / sqft
House
Property details
About 412 Franklin St
A home with history, heart, and room to grow – just minutes from downtown Traverse City. Nestled on the south side of Traverse City, this 1.5-story gem offers the perfect blend of character, comfort, and location. With roots reaching back to the late 1800s, the home carries a sense of history and warmth—beautifully maintained and thoughtfully updated for modern living. Though it's close to all the energy of Traverse City, this property feels like a quiet oasis tucked away from the downtown rush. The fully fenced backyard is ready for play, peace, and possibility—ideal for both two- and four-legged family members. A well-placed shed adds convenient storage for tools, gear, or hobbies, keeping everything tidy and close at hand. Inside, the space is equally inviting. One of the bedrooms currently makes an excellent office space and the finished lower level includes a 6-foot tall carpeted basement—perfect for a creative workspace, home gym, or cozy hangout zone. It's flexible, functional, and full of potential. The main level layout is comfortable and intuitive, offering an easy flow between rooms and out to the showstopper: a 36x34 deck and patio area, perfect for entertaining or relaxing under the stars. While the home itself is a treasure, its location might be the biggest gift. You're just minutes from downtown Traverse City, beautiful public beaches, the Tart Trail, and beloved local restaurants. The Cherry Festival is right around the corner, and from this charming home, you can stroll down and join the fun with ease. Whether you're starting fresh, scaling down, or simply searching for a place that feels just right, this home offers a rare balance: grounded, modest, and full of heart. A quiet slice of history—close to everything that makes Traverse City so special.
Highlights
Home typeSingle Family Residence
HeatingHot Water
StatusActive
(Active U/C Taking Backups)
(Active U/C Taking Backups)
Size1,445 sqft
Lot size0.08 Acres
Year built1896
ParkingConcrete, None
MLS #1935866
Summary
- Full Bathrooms: 1
- Appliances: Refrigerator, Oven/Range, Washer, Dryer
- Interior: Mud Room
- Fireplace: None
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Concrete, None
- Waterfront: None
- Exterior: Deck,Patio,Sidewalk,Fenced Yard, Vinyl
- Architectural Style: 1.5 Story
- Heating: Hot Water
- List Price: $349,900
- Price/SqFt: $242
- Annual Tax Amount: $2,013
- Tax Year: 2024
- Lot: Level
- Directions: Turn off of Eighth St. onto Franklin St. and it will be on your left at 412 Franklin St.
- Year Built: 1896
- Living Area: 1,445 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 1935866
- MLS Name: TAAR
- Office Name: The Mitten Real Estate Group
- Office Phone: (231) 645-1351
- Listing Agent: T. J. Shimek
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $152,500 | $2,013 |
| 2023 | $100,700 | $- |
| 2022 | $113,800 | $1,922 |
| 2021 | $100,700 | $1,883 |
| 2020 | $97,400 | $1,859 |
| 2019 | $97,900 | $- |
| 2018 | $93,500 | $- |
| 2017 | $94,800 | $- |
History based on county public records data.
Nearby schools
7
Central Grade Elementary School
Public District PK-5
0.7 mi
•301 7th St
3
Traverse Heights Elementary School
Public District PK-5
0.9 mi
•933 Rose St
4
Eastern Elementary School
Public District PK-5
1.4 mi
•1600 Eastern Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,652. Residents of Traverse City, MI typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
55%
<35k
28%
35k-100k
14%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
46%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Bob Evans
What do the neighbors drive?
Mazda
Volvo
Oldsmobile
What do the neighbors listen to?
Rock
Talk/Personality
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 412 Franklin St
The listing price of 412 Franklin St property is $349,900.
The property 412 Franklin St is a house located in Traverse City, Michigan, 49686.
Active Listing: 412 Franklin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 412 Franklin St are: Central Grade Elementary School (GreatSchools Rating 7/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Eastern Elementary School (GreatSchools Rating 4/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Traverse City East Middle School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 8/10), The Greenspire School (GreatSchools Rating 6/10), Traverse City High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $2,013 (source: MLS/based on county public records data).
The property at 412 Franklin St has 3 bedrooms and 2 bathrooms.
The property 412 Franklin St is 1,445 SqFt (source: MLS/tax record).
The year of construction for 412 Franklin St is 1896.
This home is located at 412 Franklin St in Traverse City, MI and zip code 49686. This 1,445 square foot home, which was built in 1896, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $349,900.
Traverse City, MI housing market in June 2025 saw over 28 listings sold above listed price, more than 34 sold at listed price and over 56 sold below. The inventory of homes for sale in Traverse City, MI between May and June 2025 increased by 12.7%. The median list price of listings available in June 2025 was $445,000, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.