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    Frankfort, MI Multifamily Properties for Sale

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    Beulah, MI Benzonia, MI Honor, MI
    Renovated Duplex Near Downtown Frankfort
    $610,000
    Renovated Duplex Near Downtown Frankfort

    706 Forest Ave, Frankfort, MI 49635

    Updated duplex with rental income potential near Lake Michigan.
    • Prime downtown Frankfort location, blocks from Lake Michigan, Betsie Bay, shopping, and dining.
    • Two separate, renovated 2‑bedroom, 1‑bath apartments offer flexible rental or owner‑occupancy options.
    • Updated interiors with neutral finishes, new appliances, dishwashers, washers and dryers, and air conditioning in both units.
    • Strong rental history available, ideal for investors seeking income‑producing property.
    • Turn‑key option available for easy ownership.
    Updated: Apr 26
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
    $750,000
    3,715 SF
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

    Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan

    11481 Main St, Honor, MI 49640

    View details
    Turnkey Cabin Resort Near Sleeping Bear
    $750,000
    5,000 SF
    Turnkey Cabin Resort Near Sleeping Bear

    Northern Michigan cabin resort with immediate income potential near Sleeping Bear.

    11481 Main St, Honor, MI 49640

    View details
    Historic Beulah Landmark Opportunity
    $900,000
    9,000 SF
    Historic Beulah Landmark Opportunity

    Charming granary building with commercial space and rental potential.

    Beulah, MI 49617

    View details
    Beulah Investment Opportunity
    $1,300,000
    9,000 SF
    Beulah Investment Opportunity

    18 condos plus 9,000 SF of commercial space.

    115 North Michigan Avenue, Beulah, MI 49617

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Traverse City Land with Utilities
    $59,000
    0.52 Acres
    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685

    View details
    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres
    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689

    View details
    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres
    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    View details
    Land For Sale
    $67,999
    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405

    View details

    Frankfort, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Frankfort, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $610,000.

    Sale prices for multifamily properties in Frankfort, MI start at $610,000, averaging $610,000, and reaching up to $610,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 3,367
    Population Growth (5Y) -2.5%
    Median Household Income $71,875
    College Educated 70.3%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49635 $610K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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