706 Forest Avenue, Frankfort, MI 49635 (MLS # 1942904)
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Renovated duplex in a prime downtown Frankfort location just blocks from Lake Michigan, Betsie Bay, shopping, dining, and the attractions that make this area a strong draw for both year-round residents and visitors. With two separate 2-bedroom, 1-bath apartments, this property offers excellent flexibility for long-term rental income, short-term rental potential, or owner occupancy with added revenue from the second unit. Both units offer updated interiors with neutral finishes, new appliances, dishwashers, washers and dryers, air conditioning, and private entrances. The main floor unit includes a spacious kitchen, living area, and dining space, while the upper unit offers a full kitchen, dining space and comfortable living room. Functional layouts and modern updates help support rental appeal and ease of ownership. A turn-key option exists, making ownership easy! Strong rental history is available, making this a compelling opportunity for investors seeking an income-producing property in one of Northern Michigan's most desirable lake-town markets. (Seller currently has two STR permits with the City of Frankfort -https://www.frankfortmich.com/how_do_i/learn_about/short_term_rentals.php for details or contact the City of Frankfort 231-352-7117)
| DAYS ON MARKET | 6 | LAST UPDATED | 3/12/2026 |
|---|---|---|---|
| TRACT | Town & Harbor Frankfort | YEAR BUILT | 1920 |
| COUNTY | Benzie | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Frankfort Elementary School |
|---|---|
| Jr. High School | Frankfort High School |
| High School | Frankfort High School |
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Washer |
| BASEMENT | Exterior Entry, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Hot Water, Natural Gas |
| HOA DUES | Annually |
| INTERIOR | High Speed Internet |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 50x150x48x75x75 |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Town & Harbor Frankfort |
| UTILITIES | Cable Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water, Bay |
| WATER | Public |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by REO-TCBeulah-Frankfort-233027
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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Data last updated: 3/18/26 1:58 AM PDT
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