Updated 4-unit property on the east side of Traverse City near Timber Ridge. 1627 Rasho Rd features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with shared front/rear entry and common laundry. Major 2023/2024 improvements include new flooring, countertops, appliances, lighting, paint, HVAC units, 3 new water heaters, exterior paint, and a new roof in February 2024. Detached 5-stall garage, adjacent deck area, and large lawn bordering woods. Gross monthly income of $6,814 includes rent, pet rent, and trash fees.
Multi-familyProperty Type
1980Year Built
1.1 acresLot Size
Listed by Troy Daily• REMAX Bayshore - Union St TC
Updated 4-unit property on the east side of Traverse City near Timber Ridge. 1627 Rasho Rd features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with shared front/rear entry and common laundry. Major 2023/2024 improvements include new flooring, countertops, appliances, lighting, paint, HVAC units, 3 new water heaters, exterior paint, and a new roof in February 2024. Detached 5-stall garage, adjacent deck area, and large lawn bordering woods. Gross monthly income of $6,814 includes rent, pet rent, and trash fees.
MiRealSource-MiMLS #80067260
Apr 23, 2026
Listed
$849,000
REALCOMP #78080014214
Feb 17, 2025
Listing Removed
—
Jan 25, 2024
Listed
$810,000
MiRealSource-MiMLS #80046465
Aug 9, 2024
Listing Removed
—
Aug 9, 2024
Listing Removed
—
Jul 19, 2024
Price Changed
$779,000
May 30, 2024
Listed
$799,000
REALCOMP #78080046465
Aug 9, 2024
Listing Removed
—
May 30, 2024
Listed
$779,000
Greater Lansing AoR #80014214
Apr 25, 2024
Listing Removed
—
Apr 25, 2024
Listing Removed
—
Feb 16, 2024
Price Changed
$810,000
Feb 3, 2024
Relisted
—
Jan 31, 2024
Contingent
—
Jan 25, 2024
Listed
$825,000
REALCOMP #78080006865
Jul 20, 2023
Sold
$535,000
May 24, 2023
Listed
$625,000
REALCOMP #78001332858
Jun 13, 2022
Listed
$450,000
Public Records
Mar 14, 2007
Sold
$270,000
Public Records
Oct 9, 2000
Sold
$215,000
Year
Property tax
Land + Additions
Assessment*
2025
$11,619 (+2.7%)
2024
$11,308 (+51.3%)
2023
$7,473 (+51.7%)
2022
$4,927 (+3.5%)
2021
$4,761 (+1.6%)
2020
$4,685 (+0.5%)
2019
$4,663
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.1 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,328
Year built
1980
Style
Single Family Residential
County
Grand Traverse County
APN
03-386-001-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 94° 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 • 49696
Average low and high temperatures (°F)
25
14
31
16
43
26
55
34
63
42
76
56
80
61
77
58
74
53
62
43
45
34
32
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1627 Rasho Rd
$789,246
$60K under list price of $849K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $500K to $1.1M.