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    Frankfort, MI Triplexes 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 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
    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    316 Huron Street, Traverse City, MI 49686

    $510,000
    2,636 sqft 0.34 AC lot

    Residential configuration includes a separate cottage, upper-level deck, and attached two-car garage.

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    Downtown Three-Unit Triplex
    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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    Income-Generating Duplex with Cottage
    Income-Generating Duplex with Cottage

    316 Huron St, Traverse City, MI 49686

    $510,000
    1,240 sqft

    Well-maintained two-unit main structure plus a separate one-bedroom cottage provides three rental units.

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    Short-Term Rental Triplex
    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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    Frankfort, MI Triplexes Market Trends and Statistics

    Explore 2 triplexes 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 three-family homes 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

    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 $485K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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