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    Frankfort, MI Multifamily Properties for Sale

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    Beulah, MI Benzonia, MI Honor, MI Arcadia, MI Bear Lake, MI Thompsonville, MI Empire, MI Interlochen, MI
    Renovated Triplex with Private Entrances
    Updated: Jun 29
    Renovated Triplex with Private Entrances

    812 Forest Avenue, Frankfort, MI 49635

    $485,000
    2,035 sqft 0.17 AC lot
    Completely renovated in 2023 triplex with three private‑entrance apartments
    Air conditioning in each unit plus brand‑new appliances
    Two‑bedroom, one‑bath on main floor; garden studio on main floor; upstairs one‑bedroom unit
    2,035 SF triplex on a 0.17‑acre lot
    Year built: 1960; frame construction with asphalt roof
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    Renovated Triplex with Private Entrances
    Updated: Jul 4
    Renovated Triplex with Private Entrances

    812 Forest Ave, Frankfort, MI 49635

    $485,000
    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
    Main floor unit mix: one 2‑bedroom/1‑bath with large kitchen, living, and dining areas plus one studio with full kitchen and full bath
    Upstairs unit: one‑bedroom apartment on the second floor with full kitchen, living room, and bathroom
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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 10 Potential Opportunities for your consideration. Besides 2 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.

    Triplex with Shared Deck
    Triplex with Shared Deck

    143 S Benzie Boulevard, Beulah, MI 49617

    $649,900
    2,195 sqft 0.11 AC lot

    Sunny Beulah triplex with shared laundry, furnished short-term rental units, and a shared deck off Apartment A and B.

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

    View details
    Duplex with Dual Electric Meters
    Duplex with Dual Electric Meters

    11950 Honor Highway, Honor, MI 49640

    $325,000
    3,391 sqft 3.30 AC lot

    Conforming duplex with full independent lower level living, dual electric meters, and C-1 General Commercial zoning.

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    Short-Term Rental Triplex
    Short-Term Rental Triplex

    143 S Benzie Blvd, Beulah, MI 49617

    $649,900

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

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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.

    Log Lodge Resort With Guest Homes
    Log Lodge Resort With Guest Homes

    1306 N Tippy Dam Road, Wellston, MI 49689

    $900,000
    22.24 AC lot

    Three log structures, commercial kitchen equipment, and two additional homes support group stays and onsite lodging.

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    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

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

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

    View details
    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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    Menominee City Building Lot
    Menominee City Building Lot

    605 46th Avenue, Menominee, MI 49858

    Contact for pricing
    0.21 AC lot

    Building lot near Henes Park, ready for construction.

    View details

    Frankfort, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Frankfort, MI on our real estate platform. These investment opportunities span a total of 2,035 square feet of properties for sale, with an estimated market value of $970,000.

    Sale prices for multifamily properties in Frankfort, MI average $485,000 — 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

    Short term rental properties 2
    Triplexes 2

    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 $485K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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