Real Estate One - Traverse City - Randolph

💰 Think you need a huge down payment to buy a home? Think again.

Today's buyers are putting less money down than they were a year ago. In fact, the typical down payment dropped to about $23,400 in early 2026, the lowest it's been since 2021.

Why? 👇
🏡 Home prices have become more moderate.
📈 The market is more balanced.
🔑 More buyers are using low or no down payment loan options like FHA and VA loans.

If saving for a big down payment has been keeping you on the sidelines, now might be the perfect time to see what's possible.

📩 Reach out today and let's explore your options.

✨ Rare Investment Opportunity in Downtown Traverse City ✨

Opportunities like this don't come around often.

Welcome to 214 W. Tenth Street—a legally grandfathered 3-unit property in the heart of downtown Traverse City. In today's highly restricted zoning environment, a triplex like this is an incredibly rare investment with exceptional income potential.

This historic home blends timeless character with modern functionality, offering 4 bedrooms, 3 full bathrooms, three fully independent living spaces, original architectural details, hardwood floors, a detached 3-car garage, and a beautifully landscaped, fully fenced backyard.

Just steps from downtown restaurants, boutiques, festivals, and the waterfront, this property places residents in the center of everything Traverse City has to offer—from Grand Traverse Bay beaches to the wineries of Old Mission and Leelanau Peninsulas, with Sleeping Bear Dunes just a short drive away.

Whether you're looking to expand your investment portfolio, owner-occupy while generating rental income, or capitalize on one of Traverse City's most desirable locations, this is a truly one-of-a-kind opportunity.

Interested in learning more or scheduling a private showing? Contact Jay Sluiter today to explore this one-of-a-kind investment opportunity before it's gone!

📌 214 W Tenth Street, Traverse City
☎ Jay Sluiter, (231)933-0075
🏷️$749,000

You've got the offer accepted — congratulations! 🎉 But what comes next? The period between acceptance and closing can feel overwhelming. Here's a simplified overview of what to expect:

📋 Loan Application — Your formal mortgage application is submitted.
🔍 Home Inspection — A professional inspects the property for any issues.
🏡 Appraisal — A licensed appraiser verifies the home's value.
📂 Underwriting — The lender reviews all your documents and the property.
✅ Clear to Close — Your loan is approved, and you're almost there!
👀 Final Walkthrough — A last look at the home before closing day.
🔑 Closing Day — Sign the paperwork and receive the keys.

Staying responsive and having your documents ready helps keep the process moving smoothly. We guide you through every step. Contact us to learn more! 🏠

There's nothing quite like Traverse City when the National Cherry Festival kicks off over the 4th of July weekend! 🍒✨

From downtown to the waterfront, the city is buzzing with live music, parades, local food vendors, family events, air shows, and so much more. Whether you're exploring Cherry Festival festivities or checking out everything else happening around town, it's the perfect time to experience summer in Northern Michigan. 🎆🏖️

Looking for even more ways to fill your weekend? Check out the full lineup of events happening around Traverse City here: https://www.traversecity.com/events/traverse-city-events-this-weekend/

🏠 If affordability has been holding you back, this could be your sign.

Asking prices are starting to soften, creating more opportunities for buyers and a more balanced market overall. Want to know what that looks like locally? Reach out today and we'll connect you to one of our local real estate experts!