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    Frankfort, MI
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    Frankfort, MI Residential Income 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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    Motels with Nine Guest Rooms
    Updated: Aug 23, 2025
    Motels with Nine Guest Rooms

    519 Lake Street, Frankfort, MI 49635

    $990,000
    4,033 sqft 0.97 AC lot
    Well‑established motel built in 1988 with 9 guest rooms on‑site
    Room mix includes 4 rooms with two full beds, 2 rooms with three full beds, and 3 rooms with queen beds
    Owner’s home includes a studio apartment on the second level, plus the home doubles as the check‑in area
    Recent upgrades include new heating/cooling units, new beds, new carpeting, updated bathrooms in every room, and a new roof
    Additional improvements for the motel include a sealed driveway, underground electric, and new gas lines
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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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    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 11 Potential Opportunities for your consideration. Besides 3 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

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    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.

    Wooded Land Near Frankfort
    Wooded Land Near Frankfort

    Frankfort, MI 49635

    $197,900
    9.94 AC lot

    9.94 acre wooded parcel, ideal for hunting or building.

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    Extra-Deep Residential Building Lot
    Extra-Deep Residential Building Lot

    313 Shorewood Drive, Frankfort, MI 49635

    $180,000
    1.10 AC lot

    Extra-deep residential lot with mature trees and public lake access nearby for a private build site.

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    Waterfront Residential Land Parcel
    Waterfront Residential Land Parcel

    Point Betsie Road, Frankfort, MI 49635

    $2,100,000
    1.94 AC lot

    Residentially zoned lakefront parcel with 112 feet of sandy shoreline and a ready building site on Lake Michigan.

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    LAND - Beulah, MI
    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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    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 6,068 square feet of properties for sale, with an estimated market value of $1,960,000.

    Sale prices for residential income properties in Frankfort, MI start at $485,000, averaging $653,333, and reaching up to $990,000 — 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 2
    Short term rental properties 2
    Triplexes 2
    Single family 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 $653.3K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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