Townhome condos · 1139 to 1145 E Eighth Street · Traverse City
8th Street Townhomes
8th Street Townhomes is a townhome condominium planned for up to 14 units at 1139 to 1145 E Eighth Street in Traverse City, built by Schultz Construction and Remodeling, LLC. Every sale so far has been a one-bedroom, one-bath unit of about 750 square feet. The recorded bylaws set a 30-day minimum rental for most units and allow short-term rentals in four units without naming them. There have been 9 sales since November 2023, from $207,000 to $255,000.
What the condo documents say
We read the 8th Street Townhomes master deed and condominium bylaws, the developer’s disclosure statement and the developer’s purchase agreement form. The master deed was recorded September 21, 2022 (Grand Traverse County Condominium Subdivision Plan No. 498). The developer is Schultz Construction and Remodeling, LLC. The plan allows up to 14 units on about 0.4 acres as a single phase, and the master deed says the project is not expandable.
This is a summary of the parts buyers ask about most. Associations can amend their documents, so get the current set before you write an offer.
Short-term rentals
The recorded bylaws say every unit may be rented in its entirety with a minimum rental period of 30 days, and that four of the units may be used for short-term rentals of less than 30 days. The recorded documents do not say which units carry that right. Owners and tenants of every unit still have to follow the condominium rules and any applicable laws. The City of Traverse City regulates short-term rentals separately. See our short-term rental guide.Source: Condominium Bylaws, Sections 8.4(b) and 10.1
Leases
On request, an owner who has leased a unit must give the association a copy of the lease. Every lease must require the tenant to follow the condominium documents. If a tenant breaks the rules and the owner does not fix it within 15 days of a certified-mail notice, the association can file to evict the tenant and sue for damages. If an owner falls behind on assessments, the association can have the tenant pay rent toward them.Source: Condominium Bylaws, Sections 10.1 to 10.4
Pets
No animals may be kept in a unit beyond two domestic dogs or two domestic cats without the association’s prior written consent, and that consent can be revoked. No exotic or dangerous animals, no commercial breeding, pets may not run loose on the common elements, and owners must clean up after them. The developer’s disclosure statement reads the rule more strictly, saying any pet needs the board’s prior written permission, so ask the association how it applies the rule.Source: Condominium Bylaws, Section 8.4(h); Disclosure Statement, Section 10
Insurance
The association insures the general common elements only. Each owner must carry casualty insurance on the unit and everything built within it, plus personal property, liability and loss-of-use coverage. The disclosure statement adds that owner liability policies must name the association as an additional insured.Source: Condominium Bylaws, Section 6.2; Disclosure Statement, Section 12
Maintenance
Owners maintain, repair and replace the structures within their unit’s boundaries. The association maintains the general common elements, including landscaping, drives, parking areas and walkways, and handles their snow removal.Source: Master Deed, Section 4.3; Disclosure Statement, Section 13
Exterior changes
Any change to the exterior of a building, including color, and any significant landscaping change needs prior approval from the developer or the architectural review committee. Exterior hot tubs need committee approval. Above-ground pools, dog runs and solar panels are not allowed.Source: Condominium Bylaws, Sections 7.2 to 7.4 and 8.4(a), (k) and (m)
Vehicles and parking
Recreational vehicles, boats and trailers can’t be parked or stored on the property without the association’s written approval, and snowmobiles and ATVs can’t be operated there. No parking along the drives except for parties or receptions.Source: Condominium Bylaws, Section 8.4(i) and (n)
Assessments
The board can raise assessments on its own to cover operations, replacements, emergencies and additions to the common elements of up to $5,000 a year. Special assessments beyond that need prior approval of 67 percent or more of all owners, in number and in value. The bylaws call for a reserve of at least 10 percent of the annual budget, to the extent possible.Source: Condominium Bylaws, Sections 4.5 and 5.2
Paid at closing
The developer’s disclosure statement says each buyer pays two months of assessments into the reserves at closing, on top of prorated dues. The developer’s purchase agreement form instead calls for one year of dues as a nonrefundable reserve deposit. Neither requirement appears in the recorded bylaws, so ask what the association collects on a resale.Source: Disclosure Statement, Section 7; Developer Purchase Agreement, paragraph 4
Every sale since November 2023
Every 8th Street Townhomes sale recorded in the MLS since November 2023, newest first. Every sale has been a one-bedroom, one-bath unit of 750 square feet. Unit 5 sold twice, for $255,000 in November 2023 and $210,000 in January 2026. The 2026 sale was listed under the address 1143 E Eighth Street #2, but its tax ID and legal description are Unit 5.
| Unit | Beds / baths | Built | Sq ft | Sold for | Closed | Dues in listing |
|---|---|---|---|---|---|---|
| Unit 7 | 1 bed / 1.0 ba | 2024 | 750 | $212,000 | Mar 3, 2026 | $150/mo |
| Unit 5 | 1 bed / 1.0 ba | 2022 | 750 | $210,000 | Jan 23, 2026 | $150/mo |
| Unit 8 | 1 bed / 1.0 ba | 2024 | 750 | $207,000 | Jan 15, 2026 | $150/mo |
| Unit 9 | 1 bed / 1.0 ba | 2024 | 750 | $245,000 | Jul 15, 2025 | $600/yr |
| Unit 1 | 1 bed / 1.0 ba | 2022 | 750 | $220,000 | Jun 13, 2025 | $600/yr |
| Unit 6 | 1 bed / 1.0 ba | 2022 | 750 | $225,000 | May 29, 2025 | $600/yr |
| Unit 11 | 1 bed / 1.0 ba | 2022 | 750 | $219,000 | Apr 18, 2025 | $600/yr |
| Unit 10 | 1 bed / 1.0 ba | 2022 | 750 | $245,000 | Nov 1, 2024 | $600/yr |
| Unit 5 | 1 bed / 1.0 ba | 2022 | 750 | $255,000 | Nov 22, 2023 | $600/yr |
Buying here: what to check
8th Street Townhomes draws first-time buyers and owners who want a small in-town unit they can rent. These are the things we check before an offer.
Which units can rent short term
The recorded bylaws allow short-term rentals in four units but don’t name them, and the developer marked the right unit by unit in its purchase agreements. Confirm which units carry the right, in writing from the association, before you count on short-term income, then check the city side too.
Dues history
Sales through July 2025 listed dues of $600 a year. Every sale since January 2026 has listed $150 a month. The bylaws default to quarterly payments unless the board picks another schedule, and $150 is one quarter of $600, so confirm the current amount and how often it is billed.
You insure the building
The association insures only the general common elements. Your policy has to cover the unit and everything built within it, so price that insurance before you write an offer.
What dues cover
Most listings say dues cover trash removal, snow removal, lawn care and exterior maintenance, but the master deed puts the structures within each unit on the owner. Ask the association exactly what it maintains.
Developer control
The developer appointed the first board. Owners elect at least one-fourth of the board within 120 days after 25 percent of the units are sold and one-third after 50 percent, and take over at an initial meeting held by 120 days after 75 percent are sold or 54 months after the first sale, whichever comes first. While the developer still has units for sale, it also approves exterior changes.
8th Street Townhomes questions
What are the HOA dues at 8th Street Townhomes?
Every 8th Street Townhomes sale since January 2026 listed dues of $150 a month. Sales through July 2025 listed $600 a year. The bylaws default to quarterly payments unless the board picks another schedule, so confirm the current amount and billing schedule with the association before you buy.
Can you rent an 8th Street Townhomes unit short term?
Only some units. The recorded bylaws allow rentals of less than 30 days in four units and set a 30-day minimum for the rest, but they don’t say which units carry that right, so confirm it with the association. The City of Traverse City also regulates short-term rentals, so check both for the exact unit.
What is the minimum lease at 8th Street Townhomes?
Thirty days for most units. The bylaws say every unit may be rented in its entirety, with a 30-day minimum except in the units allowed short-term rentals. Tenants must follow the condominium documents, and the owner must give the association a copy of the lease on request.
Are pets allowed at 8th Street Townhomes?
Yes, with limits. The bylaws allow up to two domestic dogs or two domestic cats per unit, and any other animal needs the association’s prior written consent, which it can revoke. The developer’s disclosure statement says every pet needs the board’s prior written permission, so confirm with the association before you buy. Pets may not run loose on the common elements.
What do 8th Street Townhomes units sell for?
There were 9 sales between November 2023 and October 17, 2026, from $207,000 to $255,000, with a median of $220,000. Every sale was a one-bedroom, one-bath unit of 750 square feet.
How big are the units at 8th Street Townhomes?
Every unit sold so far is a one-bedroom, one-bath townhome of 750 square feet, based on MLS records. The developer’s disclosure statement says all units are about 750 square feet.
When was 8th Street Townhomes built and who developed it?
MLS records list the year built as 2022 or 2024. The master deed was recorded September 21, 2022, and the developer is Schultz Construction and Remodeling, LLC. The plan allows up to 14 units on about 0.4 acres.
Who insures the buildings at 8th Street Townhomes?
The owner. The bylaws say the association insures only the general common elements, and each owner must insure the unit and everything built within it, plus personal property and liability.
Does a buyer pay anything to the 8th Street Townhomes association at closing?
Possibly. The developer’s disclosure statement says each buyer pays two months of assessments into reserves at closing, and the developer’s purchase agreement form called for one year of dues as a reserve deposit. The recorded bylaws don’t require either, so ask the association what it collects on a resale.
Looking at 8th Street Townhomes?
We have read the 8th Street Townhomes documents and track every sale here. Tell us whether you plan to live there, rent it, or both, and we will send new listings and check the rules for the exact unit.
Sales, dues and unit details come from Northern Great Lakes REALTORS® MLS records, checked October 17, 2026. Rules come from the 8th Street Townhomes master deed and condominium bylaws, plus the developer’s disclosure statement and purchase agreement form. This page summarizes those documents and is not legal advice; read the full documents and current rules before you buy. Information is deemed reliable but not guaranteed. Reviewed by Taylor Brown, Realtor, Real Estate One, Traverse City.