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705 Cypress Street 208, Traverse City, MI 49684

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For Sale
Sale Pending

$315,000

1 beds • 1 baths • 548 sqft

Estimated Payment

$ 1,636 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $574.82
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Check out the beach, play some pickeball, enjoy Traverse City's amazing foodie scene, and hop over the heart of downtown and do it all quickly from the doorstep of this beautiful income producing condo. Cypress 208 has updates no other unit in the building has but the best thing this condo has is location. Are you looking to relax in Traverse City for a few weeks out of the year and let the short term rental income offset your mortgage? If so, stop scrolling, you are home. Cypress 208 embodies the lifestyle everyone is looking for when it comes to the downtown experience.
MLS# 1930499

Courtesy Of The Mitten Real Estate Group
310 W. Front Street, Ste. 411, Traverse City, MI 49685
(231) 421-1970

Property Features

  • Age
    1-5 Years Old
  • Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Heating System
    Forced Air
  • Roof Type
    Membrane
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 705 Cypress Street 208, Traverse City, MI 49684

Home seller CENTURY 21 Northland

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CENTURY 21 Northland

(231) 929-7900
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,636
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,636

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Willow Hill Elementary School

Grades PK-5 Public School

Traverse City, MI 49684 0.5 miles
1250 hill st

422 total students
21:1 Student teacher ratio

School Rating: B+

School Details

Traverse City West Middle School

Grades 6-8 Public School

Traverse City, MI 49684 2 miles
3950 silver lake rd

1080 total students
21:1 Student teacher ratio

School Rating: B

School Details

Traverse City High School

Grades 9-12 Public School

Traverse City, MI 49686 4.1 miles
3962 3 mile rd n

121 total students
16:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
Tcaps Montessori School 0.7 miles Public PK-7 A+
Central Grade Elementary School 0.7 miles Public PK-5 B
Trinity Lutheran School 1 miles Private PK-8
The Greenspire School 1.2 miles Public 6-12 B-
New Campus Center 1.2 miles Public KG-12
Tba Independent School District Oak Park Special Education 2 miles Public PK-12
Traverse Heights Elementary School 2.1 miles Public PK-5 D+
Tba Independent School District Traverse Heights 2.1 miles Public PK-12
Traverse Bay Mennonite School 2.2 miles Private 1-12
Central High School 2.3 miles Public 9-12 A
Eastern Elementary School 2.5 miles Public PK-5 C-
The Pathfinder School 2.5 miles Private PK-8
The Children's House 2.8 miles Private PK-8
West Senior High School 2.9 miles Public 9-12 A
Tba Career Tech Center 3.8 miles Public 11-12
Life Skills Center 3.8 miles Public 9-12
Long Lake Elementary School 4.7 miles Public PK-5 C+

Tcaps Montessori School

Distance: 0.7 miles

Type Public

Grades: PK-7

A+

Central Grade Elementary School

Distance: 0.7 miles

Type Public

Grades: PK-5

B

Trinity Lutheran School

Distance: 1 miles

Type Private

Grades: PK-8

The Greenspire School

Distance: 1.2 miles

Type Public

Grades: 6-12

B-

New Campus Center

Distance: 1.2 miles

Type Public

Grades: KG-12

Tba Independent School District Oak Park Special Education

Distance: 2 miles

Type Public

Grades: PK-12

Traverse Heights Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

D+

Tba Independent School District Traverse Heights

Distance: 2.1 miles

Type Public

Grades: PK-12

Traverse Bay Mennonite School

Distance: 2.2 miles

Type Private

Grades: 1-12

Central High School

Distance: 2.3 miles

Type Public

Grades: 9-12

A

Eastern Elementary School

Distance: 2.5 miles

Type Public

Grades: PK-5

C-

The Pathfinder School

Distance: 2.5 miles

Type Private

Grades: PK-8

The Children's House

Distance: 2.8 miles

Type Private

Grades: PK-8

West Senior High School

Distance: 2.9 miles

Type Public

Grades: 9-12

A

Tba Career Tech Center

Distance: 3.8 miles

Type Public

Grades: 11-12

Life Skills Center

Distance: 3.8 miles

Type Public

Grades: 9-12

Long Lake Elementary School

Distance: 4.7 miles

Type Public

Grades: PK-5

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Traverse City, MI 49684

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Traverse City, MI 49684

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are above the national average.

80° July
Hottest Average Month
13° February
Coldest Average Month
10,373 Total Households in Area
2.2% Increase in population since the year 2010
24.5%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Traverse City, MI 49684

Traverse City, MI 49684 has a population of 22,021 people in 10,373 households with a median age of 44.3 years old.

2.2%
Increase in population
since the year 2010
Population is Trending up
9,790
Total households as of 2010
6.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.3 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 91%
Hispanic 3%
Other 1%
Asian <1%
Native American <1%
Black <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 3%, Other at 1%, and Asian at <1%.

Economics
for Traverse City, MI 49684

314 /sq mi
Population Density
$71,654 /yr
Median Household Income
$0
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.49% of the households.

Transportation to Work

  • Drive 79%
  • Work from Home 10%
  • Walk or Bike 8%
  • Public Transit 1%

Occupancy by Type

Owned 6,959 60%
Rented 3,414 30%
Vacant 1,134 10%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Family & Education Facts
for Traverse City, MI 49684

44.3 Median Age

Average Household Size

2.1
persons per
household

46.1%

Married Households

Community Population By Education

Bachelors Degree 27%
Some College 21%
Graduate Degree 20%
High School Graduate 18%
Associates Degree 9%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 27.36% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
24.5% of households have children

Weather
for Traverse City, MI 49684

The weather for this area ranges from a high of 80° F in July to a low of 13° F in February

80° July
Hottest Average Month
13° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
15°
28°
Feb
13°
29°
Mar
21°
38°
Apr
32°
52°
May
42°
65°
Jun
52°
75°
Jul
57°
80°
Aug
56°
78°
Sep
50°
69°
Oct
40°
58°
Nov
30°
44°
Dec
21°
33°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Traverse City, MI 49684!
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Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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