Sold
706 Forest Avenue, Frankfort, MI 49635
Sold on 05/28/2026 for$600,000
MLS # 26009461 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,559 sqftBuilt 19200.17 acres
1 / 48
Listing Description
Completely renovated duplex in the heart of downtown Frankfort, just blocks from Lake Michigan and the charm of this sought-after coastal town. A rare opportunity to own a versatile property ideal as a primary residence with income potential, a Northern Michigan getaway, or an investment property. Offering two separate 2-bedroom, 1-bath apartments, each unit features a private entrance along with updated interiors, new appliances, neutral paint and flooring, dishwashers, washers and dryers, and air conditioning. The main floor unit offers spacious kitchen, living, and dining areas, while the upper unit includes a full kitchen and comfortable living space. Enjoy easy access to Frankfort's restaurants, shops, schools, Betsie Bay, the Betsie Valley Trail, and Lake Michigan's beautiful shoreline. Strong rental history available. Move-in ready and well located in one of Northern Michigan's most desirable small-town setting. A turn-key option exists, making ownership easy!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,559 sq ft home in Frankfort in Frankfort built in 1920.
Final sale price: $600,000 (about $385/sq ft).
Annual property taxes run approximately $1,234 ($103/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,559 sqft
Lot Size0.17 acres
Year Built1920
Stories2
Location
CityFrankfort
MunicipalityFrankfort
Zip Code49635
CountyBenzie
School DistrictFrankfort
Construction & Systems
StyleOther
ConstructionVinyl Siding
BasementPartial
HeatingBaseboard, Hot Water
WaterPrivate Water
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
InteriorBroadband
Sale & Financing
Listed3/11/2026
Sold Date5/27/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,234
Tax Year2025
Assessed Value$124,500
Parcel #51-010-252-00
Source: SparkMLS
Legal Description
LOT 7 BLK 22 EXC W 2 FT OF N 1/2 TOWN & HARBOR FRANKFORT P.A. 706 FOREST AVENUE 8/78 174/371 QC; 10/81 189/482 MLC; 216/107-109 WD; BP 3/87; 7/92 261/870 QC; 01/67 504/1019 DC; 04/04 504/1018 WD; 03/17 2017R-01186 WD; 08/17 2017R-03305 WD;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jon M Zickert
Real Estate One Beulah
Frequently Asked Questions about 706 Forest Avenue, Frankfort, MI 49635
What school district is 706 Forest Avenue, Frankfort, MI 49635 in?
Per MLS# 26009461, this property is served by Frankfort. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26009461, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26009461, the most recent reported annual property tax for 706 Forest Avenue, Frankfort, MI 49635 is $1,234 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 706 Forest Avenue, Frankfort, MI 49635 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 706 Forest Avenue, Frankfort, MI 49635 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Private Water. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Frankfort police department or the Benzie County sheriff's office.
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Monthly payment$3,956
Principal & interest$3,956
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
706 Forest Avenue, Frankfort, MI 49635
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Municipality
Frankfort
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