This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/48
$610,000 Contingent
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/48
Property Description
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)
Full Property Details
Full Property Details for 706 Forest Ave
General
- Price: $610,000
- Taxes: $1,234
- Status: Contingent
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26009446
- Updated: 3/24/2026
- Added to Site: 23 day(s) ago
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 4
- Parking Features: Driveway, Gravel
Location
- County: Benzie
- Cross Streets: M22
- Driving Directions: Second house on the south side of Forest Ave, just before Seventh St., heading into downtown. Private parking available behind the home off of Anchor Place. Looks for real estate signs.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Dimensions: 50 x 150 x 48 x 75 x 75
- Frontage: Paved
- Lot Features: Level, Sidewalk
Financial Considerations
- Tax Amount: $1,234
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- 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 ID: 51-010-252-00
Listed by Real Estate One Beulah, Jon M Zickert
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 706 Forest Ave
School District:Frankfort-Elberta Area Schools
| Name | Grades | Distance |
|---|---|---|
Frankfort Elementary School 613 Leelanau Avenue, Frankfort, MI 49635 | PK-6 | 0.1 mi |
Frankfort High School 534 11th Street, Frankfort, MI 49635 | 7-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 706 Forest Ave
Date
Details
Price
Change
Source
3/12/2026
Listed
$610,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 706 Forest Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,178
—
$124,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 706 Forest Ave
706 Forest Avenue, Frankfort, MI 49635 (MLS# 26009446) is a Single Family property with 0 bedrooms and 0 full bathrooms. 706 Forest Avenue is currently listed for $610,000 and was received on March 12, 2026. Want to learn more about 706 Forest Avenue? Do you have questions about finding other Single Family real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.

