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Renovated Triplex with Unit Mix
For Sale
$485,000

812 Forest Avenue, Frankfort, MI 49635

Multi-Family, 2 Story, Frankfort, MI

Property Size2,035 SF
Lot Size0.17 Acres
Price / SF$238.33
Days on Market75

Property Features for 812 Forest Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Residential,Multi-Family
Zoning description Residential, Multi-Family
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Patio and Porch features Porch
Interior features Drywall
Exterior features Sidewalk, Covered Porch
Appliances Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Blinds, Drapes
Elementary school Frankfort Elementary School
Middle school Frankfort High School
High school Frankfort High School
Elementary school district Frankfort-Elberta Area Schools
Middle school district Frankfort-Elberta Area Schools
High school district Frankfort-Elberta Area Schools
Directions M-115 into Frankfort, road turns into Forest Avenue and home is located on the south (left) side of the street just past Ninth Street.
Subdivision Benzie
Standard status Active
Size 2,035 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description West 1/2 of Lot 5, Block 25, Town & Harbor Frankfort
Legal Description West 1/2 of Lot 5, Block 25, Town & Harbor Frankfort

Amenities

dishwasher
washer/dryer
air conditioning
private entrances

Building Details

Year built 1960
Floors in Building 2
Number of units 3
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: Century 21 Northland-Frankfort · Century 21 Real Estate
Listed By: Kari King · License #6501404677
Added: Jun 29 Changed: Aug 19 Last Checked: Sep 11 at 3:06AM
MLS# 1947343

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,035-square-foot triplex contains three separately configured apartments within a frame building constructed in 1960. The main level includes a two-bedroom, one-bath apartment with kitchen, living, and dining areas, plus a studio apartment with a full kitchen and bath. The second floor offers a one-bedroom apartment with its own kitchen, living room, and bathroom. Renovation work completed in 2023 included updated appliances, flooring, paint, laundry equipment, dishwashers, and air conditioning for each unit. Private entrances, a newly paved driveway, covered porch, and on-site parking add practical functionality.

The property is in downtown Frankfort, within blocks of Lake Michigan, Betsie Bay, restaurants, shops, schools, the Betsie Valley Bike Trail, and area beaches. It occupies a 0.17-acre lot and carries Residential, Multi-Family zoning.

Key Highlights

  • Three‑apartment layout: 2‑bedroom, studio, and 1‑bedroom units
  • 2,035 square feet on a 0.17‑acre lot
  • Renovated in 2023 with updated flooring, paint, and appliances

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Auto Parts Store Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 49635, MI

3,331
Population
3,014
Households
1.1
Avg Household Size
61
Median Age
47%
College-Educated
94%
High-School Grad
38.5 sq mi
ZIP Area
87
Density / Sq Mi
$71,875
Median Household Income
$32,409
Median Earnings
$918
Median Rent
$332,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three private-entry apartments were renovated in 2023 with full kitchens, laundry equipment, and air conditioning in every unit.
Where is this triplex located?
The property is located at 812 Forest Avenue Frankfort, MI.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Three‑apartment layout: 2‑bedroom, studio, and 1‑bedroom units; 2,035 square feet on a 0.17‑acre lot; Renovated in 2023 with updated flooring, paint, and appliances
More about this property
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