Residential Income

Frankfort, MI Residential Income Properties for Sale

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Lake-Access Resort Property
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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Renovated Triplex with Unit Mix
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
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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3 active listings match your search: Residential Income for sale in Frankfort, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Waterfront Quadplex With Cottages
Waterfront Quadplex With Cottages

9321 N Long Lake Road, Traverse City, MI 49684

$1,899,000
1,169 sqft 1.13 AC lot

Lakefront multifamily property with separate cottages, a boathouse, and flexible multi-family zoning.

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Multifamily Building on Non-Waterfront Site
Multifamily Building on Non-Waterfront Site

9317 Osmo St, Kaleva, MI 49645

$245,000
4,800 sqft 0.17 AC lot

The property occupies a 7,405-square-foot parcel in Kaleva, Michigan.

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Multifamily Apartment Building
Multifamily Apartment Building

9317 Osmo Street, Kaleva, MI 49645

$245,000
0.17 AC lot

A five-plus-unit residential property with a driveway, metal roof, and baseboard heating.

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Long Lake Cottage Compound
Long Lake Cottage Compound

9321 N Long Lake Road, Traverse City, MI 49684

$1,899,000

Multiple cottages and Hamlet zoning support a range of commercial uses alongside residential occupancy.

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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.

Wooded Recreational Land
Wooded Recreational Land

Frankfort, MI 49635

$197,900
9.94 AC lot

Rolling, wooded acreage with Recreation and Residential zoning and a well water source.

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Vacant Lot/Land, Beulah, MI
Vacant Lot/Land, Beulah, MI

Crystal View Commons lot: 5, Beulah, MI 49617

$175,000
2.53 AC lot

Land · 2.53 Acres

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Crystal Lake View Bluff Lot
Crystal Lake View Bluff Lot

Crystal View Commons lot: 4, Beulah, MI 49617

$150,000
2.93 AC lot

2.93 acre vacant lot with Crystal Lake views.

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Beulah Wooded Lot for Sale
Beulah Wooded Lot for Sale

Crystal View Commons lot: 21, Beulah, MI 49617

$84,000
2.42 AC lot

Wooded lot in Beulah, Michigan, requires well and septic.

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Frankfort, MI Residential Income Properties Market Trends and Statistics

Explore 3 residential income 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 residential investment 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Triplexes 2
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 $1.3M

Listings Trend

New vs delisted commercial listings in Benzie County

New Delisted

Total CRE Inventory on Market (SF)

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