812 Forest Ave Frankfort, MI 49635
Estimated payment $2,831/month
About This Home
Welcome to this completely renovated triplex located in downtown Frankfort where you will find yourself blocks away from Lake Michigan. This property boasts three distinct apartments, providing unique rental opportunities for the future owners. Whether you are looking for your own home with additional rental income, an investment property for long term rental or short-term rental this home offers it all. Renovated in 2023 this home was converted into three apartments featuring brand new appliances, neutral paint and flooring throughout, private entrances, dishwashers, wash and dryer, air conditioning in each unit and newly paved driveway providing ample parking. The first apartment is located on the main floor and is a spacious two bedroom,1 bath with a large kitchen, living and dining room area. The second apartment is conveniently located on the main floor and known as the “garden apartment” and is a studio with a full size kitchen and full bathroom. The third apartment is located upstairs on the second floor and is a one bedroom with full kitchen, living room and bathroom. Each unit is thoughtfully designed and decorated with functional layouts and modern amenities, ensuring convenience and comfort for residents. With its prime location in the charming downtown of Frankfort, you and your guests can enjoy being blocks away from restaurants, quaint shops, schools, Betsie Bay, Betsie Valley Bike Trail and stunning Lake Michigan beaches. Whether you're looking for a primary residence with rental income potential or an investment opportunity, this triplex offers the perfect solution.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,262
Year Built
- Built in 1960
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- The community has rules related to zoning restrictions
Home Design
- Triplex
- Block Foundation
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,035 Sq Ft Home
- 2-Story Property
- Drapes & Rods
- Blinds
- Crawl Space
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Schools
- Frankfort Elementary School
- Frankfort High Middle School
- Frankfort High School
Additional Features
- Covered patio or porch
- Cable TV Available
Community Details
- 3 Units
- Town & Harbor Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,262 | $298,600 | $0 | $0 |
| 2024 | $11,953 | $230,600 | $0 | $0 |
| 2023 | $13,378 | $263,200 | $0 | $0 |
| 2022 | -- | $60,000 | $0 | $0 |
| 2021 | -- | $58,600 | $0 | $0 |
| 2020 | -- | -- | $0 | $0 |
| 2019 | -- | -- | $0 | $0 |
| 2018 | -- | -- | $0 | $0 |
| 2017 | -- | -- | $0 | $0 |
| 2016 | -- | -- | $0 | $0 |
| 2011 | -- | -- | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Price Changed | $434,000 | -1.1% | $213 / Sq Ft |
| 08/23/2024 08/23/24 | Price Changed | $439,000 | -2.4% | $216 / Sq Ft |
| 06/03/2024 06/03/24 | For Sale | $450,000 | +36.4% | $221 / Sq Ft |
| 07/14/2022 07/14/22 | Sold | $330,000 | 0.0% | $174 / Sq Ft |
| 05/27/2022 05/27/22 | Pending | -- | -- | -- |
| 05/01/2022 05/01/22 | For Sale | $330,000 | -- | $174 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | -- | |
| Grant Deed | $45,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $321,000 | Construction |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1923064
APN: 51-010-266-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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