Active

1627 Rasho Road

Traverse City, MI 49696

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5,008

Square Feet

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.

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Estimated Monthly Payment Breakdown

Est. Purchase Price

$50,907 per month

PMI

$3,461 per month

Insurance

$400 per month

Taxes

$12,500 per month

Total Payment:

$67,268 per month

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Status
Active 
Address
1627 Rasho Road 
City
Traverse City 
Zip
49696 
Year Built
1980 
Possession
Close Of Escrow 
Waterfront Desc
None 
Listing Date
04/23/2026 
List Price
$849,000
Subdivision
1627 Rasho Rd 
County
Grand Traverse 
Above Grade SqFt
5,008 
Total No of Units

Lot Dimensions
176.7x271.80 
Total Acres
1.1 

Basement
Full 
Appliances
Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer 
Heating
Forced Air, Natural Gas 

School District
Traverse City 

MLS Number Status Activity Date List Price Sold Price DOM
1944133 Active Apr 23 2026 11:45AM $849,000 96
1922894 Withdrawn Aug 9 2024 12:28PM
1922894 Jul 18 2024 4:59PM $779,000
1922894 Active May 30 2024 12:30PM $799,000 71
1918844 Expired Apr 26 2024 2:17AM
1918844 Feb 16 2024 1:16PM $810,000
1918844 Active Feb 3 2024 11:58AM 92
1918844 Contingency Jan 31 2024 8:45PM
1918844 Active Jan 25 2024 8:16AM $825,000 92
1911389 Sold Jul 20 2023 3:47PM $535,000 57
1911389 Contingency Jul 7 2023 12:00PM
1911389 Active Jun 16 2023 1:16PM 57
1911389 Contingency Jun 3 2023 3:29PM
1911389 Active May 24 2023 3:16PM $625,000 57

Listing courtesy of  Remax Bayshore - Union St Tc
Office Address: 500 S Union Street, Traverse City

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Listings last updated: July 28, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.

Our Michigan real estate agents can answer all of your questions about 1627 Rasho Road, Traverse City MI 49696. Real Estate One and Max Broock Realtors are part of the Real Estate One Family of Companies and dominate the Traverse City, Michigan real estate market. To sell or buy a home in Traverse City, Michigan, contact our real estate agents as we know the Traverse City, Michigan real estate market better than anyone with over 100 years of experience in Traverse City, Michigan real estate for sale.

The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Services. Real Estate listings held by brokerage firms other than Real Estate One includes the name and address of the listing broker where available.

IDX information is provided exclusively 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.

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