INCOME PROPERTY: Just 3 miles to downtown Traverse City in desirable Elmwood Township, this ranch-style 4-plex sits on 5 acres and has a solid rental history. Each unit features one bedroom plus a den and most have been updated. Paved, county maintained road in a nice country setting just minutes from downtown!
INCOME PROPERTY: Just 3 miles to downtown Traverse City in desirable Elmwood Township, this ranch-style 4-plex sits on 5 acres and has a solid rental history. Each unit features one bedroom plus a den and most have been updated. Paved, county maintained road in a nice country setting just minutes from downtown!
REALCOMP #78001332361
Oct 14, 2016
Sold
$190,000
$281/sq ft
Apr 12, 2016
Listed
$209,900
$311/sq ft
Greater Lansing AoR #1332509
Mar 8, 2016
Listing Removed
—
REALCOMP #78001332509
Mar 8, 2016
Listing Removed
—
Jun 17, 2015
Listed
$249,900
$370/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$676 (−82.6%)
2024
$3,893 (−8.8%)
2023
$4,268 (+4.9%)
2022
$4,068 (+4.2%)
2021
$3,904 (+1.0%)
2020
$3,865 (+2.4%)
2019
$3,773
Tax history for 13425 S Bugai Rd
Year
Property tax
Land + Additions
Assessment*
2025
$676 (−82.6%)
2024
$3,893 (−8.8%)
2023
$4,268 (+4.9%)
2022
$4,068 (+4.2%)
2021
$3,904 (+1.0%)
2020
$3,865 (+2.4%)
2019
$3,773
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
5.27 Acres
Year renovated
—
Sq. Ft.
2,736
Year built
1970
Style
Single Family Residential
County
Leelanau County
APN
004-031-024-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Property details
Interior
Heating & Cooling
Cooling: None
Has Heating
Heating: Baseboard, Electric
Interior Features
Window Features: Window Treatments
Appliances: Disposal, Oven, Refrigerator, Range
Exterior
Building Information
Above Grade Finished Area: 675
Above Grade Finished Area Units: Square Feet
Levels: One
Foundation Details: Slab
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Lot Size Dimensions: 5.27 acres
Lot Size Acres: 5.27
Zoning Description: Agricultural
Utilities
Utility Information
Water Source: Private, Well
Sewer: Septic Tank
Location
Location Information
Subdivision Name: METES AND BOUNDS
Community Information
Community Features: Sidewalks
Building Features: Sidewalks
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 2,736
Stories: —
Lot Size: 5.27 acres
Style: Single Family Residential
Year Built: 1970
Year Renovated: —
County: Leelanau County
APN: 004-031-024-00
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Long Lake Elementary School
Public PreK-5 • Assigned • 3.1mi
6/10
West Middle School
Public 6-8 • Assigned • 3.5mi
8/10
West Senior High
Public 9-12 • Assigned • 2.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 93° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Traverse City, MI • 49684
Average low and high temperatures (°F)
26
15
31
17
42
27
55
34
63
43
76
57
79
62
76
59
74
55
63
45
45
35
32
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$400,000 – $484,000
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