Investors: Take a look at this rented, well-maintained duplex situated on a one-way street in downtown Frankfort. Located just blocks from the beach, these 2 BR 1 BA units include access to a clean, unfinished basement and a sunny backyard. Tenants currently use the alley parking and there is a potential spot for a garage. The 1,536 square-foot building includes separate utilities for each unit, 2 newer forced-air furnaces and air conditioning. On the west side of M-22, this quieter spot on Forest Avenue is an easy stroll to downtown amenities such as shops, eateries, the movie theater, marina and parks.
Sold for $479,000
$479,000
525 Forest Ave, Frankfort, MI 49635
4beds
2baths
1,536sqft
Multi Family
Built in 1974
-- sqft lot
$503,700 Zestimate®
$312/sqft
$1,729 Estimated rent
Home value
$503,700
Estimated sales range
Not available
$1,729/mo
Zestimate® history
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List your homeWhat's special
Sunny backyardBlocks from the beachOne-way street
Zillow last checked:
Listing updated:
Listed by:
Christine Stapleton Cell:231-499-2698,
Stapleton Realty 231-326-4000
Bought with:
Kari King, 6501404677
Century 21 Northland-Frankfort
Source: NGLRMLS,MLS#: 1931481
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Washer, Dryer
Features
- Other, Cable TV, High Speed Internet
- Basement: Full,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
- Waterfront features: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
Details
- Additional structures: Shed(s)
- Parcel number: 105101017900
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: City of Frankfort
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $424,800
- Annual tax amount: $11,078
- Price range: $479K - $479K
- Date on market: 3/15/2025
- Cumulative days on market: 33 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Lease term: 6 Months
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $479,000-2.2%$312/sqft |
Source:  NGLRMLS #1931481 Report a problem | ||
| 3/15/2025 | Listed for sale | $489,900-5.3%$319/sqft |
Source: NGLRMLS #1931481 Report a problem | ||
| 1/1/2025 | Listing removed | $517,500$337/sqft |
Source: NGLRMLS #1924699 Report a problem | ||
| 8/30/2024 | Price change | $517,500-3.3%$337/sqft |
Source: NGLRMLS #1926024 Report a problem | ||
| 7/14/2024 | Listed for sale | $535,000+84.5%$348/sqft |
Source: NGLRMLS #1924699 Report a problem | ||
| 4/30/2021 | Sold | $290,000+7.8%$189/sqft |
Source: NGLRMLS #1885518 Report a problem | ||
| 4/3/2021 | Contingent | $269,000$175/sqft |
Source: NGLRMLS #1885518 Report a problem | ||
| 3/30/2021 | Listed for sale | $269,000$175/sqft |
Source: NGLRMLS #1885518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,078 +6.7% | $212,400 +6.4% |
| 2024 | $10,380 +4.1% | $199,700 +3.1% |
| 2023 | $9,967 | $193,700 +9.6% |
| 2022 | -- | $176,800 +3.3% |
| 2021 | -- | $171,100 +66.3% |
| 2020 | -- | $102,900 +47.4% |
| 2019 | -- | $69,800 +26% |
| 2018 | -- | $55,400 -1.2% |
| 2017 | -- | $56,100 |
| 2016 | -- | $56,100 +24.4% |
| 2011 | -- | $45,100 +0.9% |
| 2010 | -- | $44,700 |
Find assessor info on the county website
Neighborhood: 49635
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Nearby schools
GreatSchools rating
- 8/10Frankfort Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Frankfort High SchoolGrades: 6-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Frankfort-Elberta Area Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Benzie County
- Frankfort
- 49635
- 525 Forest Ave
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