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Renovated Triplex with Private Entrances
For Sale
$485,000

812 Forest Ave, Frankfort, MI 49635

Completely renovated triplex with three separate units, each with modern appliances and private entrances.

Property Size797 SF
Days on Market48

Property Features for 812 Forest Ave

General Information

Standard status Active
Size 797 SF
Property subtype Investment

Additional Details

Multifamily Units 3

Building Details

Building Size 797 SF
Year Built 1960
Year Renovated 2023
Units 3
Tenancy Multi
Listing Agency: Century 21 Northland-Frankfort
Listed By: Kari King · License #6501404677
Source: Elliman
Added: Jul 4 Changed: Aug 14 Last Checked: Aug 20 at 7:15AM

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 Century 21 Northland-Frankfort

Investment Insights

Based on property information with market context.

Completely renovated in 2023, this downtown Frankfort triplex has been converted into three distinct apartments with private entrances. The property includes brand new appliances, neutral paint and flooring throughout, dishwashers, and in-unit wash and dryer. Air conditioning is provided in each unit. The main level features two apartments: a spacious two-bedroom, one-bath unit with a large kitchen plus living and dining areas, and a studio garden apartment with a full-size kitchen and full bathroom. The third unit is located upstairs on the second floor and offers a one-bedroom layout with a full kitchen, living room, and bathroom. A newly paved driveway provides ample parking.

The home is in downtown Frankfort, with the lake area nearby. The remarks indicate the property is blocks away from Lake Michigan and within walking distance of restaurants, quaint shops, schools, Betsie Bay, the Betsie Valley Bike Trail, and Lake Michigan beaches.

This setup is well suited for an owner-occupant seeking additional rental income, or for investors looking to acquire a renovated three-unit property with separate entrances and modern, in-unit conveniences. The mix of unit sizes—two-bedroom, studio, and one-bedroom—may also support a range of tenant preferences while keeping day-to-day operations streamlined within one building.

Key Highlights

  • Completely renovated triplex (Year Built 1960) with 3 separate apartments and private entrances
  • Renovated in 2023 with brand‑new appliances, neutral paint, and new flooring throughout
  • Each unit includes dishwasher, in‑unit washer/dryer, and air conditioning

Property Analytics

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
Multi-tenant
Tenancy

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

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 - Completely renovated triplex with three separate units, each with modern appliances and private entrances.
Where is this triplex located?
The property is located at 812 Forest Ave 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: Completely renovated triplex (Year Built 1960) with 3 separate apartments and private entrances; Renovated in 2023 with brand‑new appliances, neutral paint, and new flooring throughout; Each unit includes dishwasher, in‑unit washer/dryer, and air conditioning
More about this property
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