Frankfort, MI Multifamily properties for sale

Updated: Jul 2

Lake-Access Resort Property

1912 S Scenic Highway, Frankfort, MI 49635

$2,900,000

5,300 sqft 10.96 AC lot

10.96‑acre resort property with 10 cabin rentals operating from May through October
5,300‑square‑foot residence with 3 to 4 bedrooms, 3 full bathrooms, and a library
Easement provides access to Lake Michigan and public beach access with stairs
R3 zoning allows division into 11 one‑acre buildable lots
Built in 1914 with well water, septic tank, hot‑water heating, and broadband

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Updated: Jun 29

Renovated Triplex with Unit Mix

812 Forest Avenue, Frankfort, MI 49635

$485,000

2,035 sqft 0.17 AC lot

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
Private entrances and air conditioning in every apartment
Newly paved driveway with ample parking

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Renovated Triplex with Private Entrances

812 Forest Ave, Frankfort, MI 49635

$485,000

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Downtown Three-Unit Triplex

143 S Benzie Boulevard, Beulah, MI 49617

$549,000

2,195 sqft 0.11 AC lot

Two units operate as furnished Airbnb rentals, while the lower-level apartment is leased long term.

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Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

11481 Main St, Honor, MI 49640

$750,000

3,715 sqft 10.00 AC lot

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

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Short-Term Rental Triplex

Beulah, MI 49617

$549,000

1,054 sqft

Three-unit triplex with two furnished short-term rentals and a shared laundry area with two washers and dryers.

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Two-Cabin Short-Term Rental

Honor, MI 49640

$639,900

1.21 AC lot

Furnished lodging compound with established rental history, wooded privacy, and access to lakes, trails, and four-season recreation.

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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.

Tippy Dam Lodge Resort

1306 N Tippy Dam Road, Wellston, MI 49689

$900,000

22.24 AC lot

Multi-building hospitality property with guest sleeping quarters, event space, and a commercial kitchen and dining facility.

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Frankfort, MI Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Frankfort, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,335 square feet of properties for sale, with an estimated market value of $3,870,000.

Sale prices for multifamily properties in Frankfort, MI start at $485,000, averaging $1,290,000, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49635	$485K

Neighborhood

Average Price

49635

$485K