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Three-Unit Rental Property
For Sale
$599,900

143 S Benzie Blvd, Beulah, MI 49617

Three apartments include two short-term rentals, one long-term unit, and shared laundry facilities.

Property Size2,195 SF
Price / SF$273.30
Days on Market36

Property Features for 143 S Benzie Blvd

General Information

Standard status Active
Size 2,195 SF
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,782

Amenities

laundry
deck

Building Details

Buildings 1
Listing Agency: Up North Properties
Listed By: Anne Perry
Source: Exprealty
Added: Jul 17 Changed: Aug 21 Last Checked: Aug 21 at 10:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Up North Properties

Investment Insights

Based on property information with market context.

This three-apartment property includes distinct unit layouts and a shared laundry area with two washers and two dryers. Apartment A offers 3 bedrooms, 1 full bath, a living room, full kitchen, and attached dining room. Apartment B includes 2 bedrooms, 1 full bath, a living room, and full kitchen. Apartments A and B operate as short-term rentals and are being sold furnished. The lower-level Apartment C has 1 bedroom, a kitchen, full bathroom, living room, and dining area and is used as a long-term rental.

The property is at 143 S Benzie Blvd in downtown Beulah, two blocks from the village beach on Crystal Lake and next to Five Shores Brewery. Apartments A and B share a large deck with separate entrances, tables, and chairs. Crystal Mountain Ski Resort is approximately 15 minutes away, with Sleeping Bear Dunes, Frankfort, Traverse City, and Empire also identified in the surrounding area.

Key Highlights

  • Three apartments with 3‑bedroom, 2‑bedroom, and 1‑bedroom layouts
  • Apartment A measures 1054 sq ft. and includes an attached dining room
  • Apartment B measures 703 sq ft. and is furnished for short‑term rental use

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Auto Parts Store Plumbing Service Storage Facility

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

191
Businesses Nearby

Demographics for 49617, MI

3,285
Population
2,684
Households
1.2
Avg Household Size
54
Median Age
35%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
72
Density / Sq Mi
$66,844
Median Household Income
$32,514
Median Earnings
$657
Median Rent
$268,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three apartments include two short-term rentals, one long-term unit, and shared laundry facilities.
Where is this triplex located?
The property is located at 143 S Benzie Blvd Beulah, MI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Three apartments with 3‑bedroom, 2‑bedroom, and 1‑bedroom layouts; Apartment A measures 1054 sq ft. and includes an attached dining room; Apartment B measures 703 sq ft. and is furnished for short‑term rental use
More about this property
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