$489,900

525 Forest Ave Frankfort, MI 49635

$5,818
Closing credit¹
768 sqft
0.2 acres
$638 / sqft
Multi-Family

Property details

About 525 Forest Ave

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.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
CoolingCentral Air
Size768 sqft
BasementYes
Lot size0.17 Acres
Year built1974
MLS #78080054843

Summary

  • MLS Number: 78080054843
  • MLS Name: Aspire North REALTORS
  • Office Name: Stapleton Realty
  • Office Phone: (231) 326-4000
  • Listing Agent: Christine D Stapleton

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$489,900

525 Forest Ave

$5,818

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$199,700$-
2023$193,700$-
2022$176,800$-
2021$171,100$-
2020$101,400$-
2019$69,800$-
2018$55,400$-
2017$56,100$-

History based on county public records data.

Nearby schools

6

Frankfort Elementary School

Public District PK-6

0.1 mi

613 Leelanau Ave

4

Crystal Lake Elementary School

Public Magnet KG-5

6.9 mi

7048 Severance St

6

Bear Lake Elementary School

Public District PK-6

15.5 mi

7748 Cody St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,250. The majority of Frankfort, MI residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

41%
<35k
43%
35k-100k
11%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
3%
Single, with Kids
39%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
9%
18-34 yrs old
36%
35-64 yrs old
44%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • HuntingHunting
  • NASCARNASCAR

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • ApplebeesApplebees
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • OldsmobileOldsmobile
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 525 Forest Ave in Frankfort, MI and zip code 49635. This 768 square foot home, which was built in 1974, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $489,900.

In March 2025, from all listings sold in Frankfort, MI there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Frankfort, MI increased by 10% between February and March 2025. In March 2025, listings were on the market for 139 days. During the same period, the median list price in this real estate market was $410,000.

From Rocket Homes Real Estate and based on county public records data.

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