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308 Franklin Street

Grand Haven, Michigan 49417
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Bed 5

Bed

Bath 0

Bath

Acres0.20

Acre(Lot)

Exceptional investment opportunity in the heart of downtown Grand Haven! This well-maintained 5-unit multifamily property is ideally situated along the city's renowned parade route and just moments from the waterfront, shopping, dining, restaurants, and year-round community events. Each unit has been thoughtfully updated with fresh paint, updated light fixtures, new flooring, and updated appliances, creating an attractive and move-in-ready living experience for tenants. Significant capital improvements have been completed throughout ownership, including a new roof approximately five years ago, a newly constructed front porch with new roof, Anderson 800 Series windows in the bay area of Unit #1, replacement windows throughout the property, a new furnace, five mini-split systems, updated air conditioning components, underground sprinkling, and a new composite side deck.The detached garage provides two covered parking spaces, while the property offers a total of 7 dedicated parking spaces, an invaluable amenity in downtown Grand Haven. The sale includes furnishings currently within unit 5, providing additional value and convenience for the next owner. Unit #5 commands a premium rental rate compared to the other units. Contact our office for current rental income information, Unit #5 rental details, operating expenses, and additional property information. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset in one of West Michigan's most desirable lakeshore communities, this is an opportunity you won't want to miss.

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Detail Ic Property Details

Property Type : Multifamily

Price : $995,000

AD Id : 79962467

MLS Id : 71026026763

Beds : 5

Lot Size : 0.20 Acre

Year Built : 1908

Garage : Garage,Paved

County : Ottawa

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Feature Features

  • Interior Features

    Laundry Facility,Cable Available Roof: Composition
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1908 Total Units: 5 Roof: Composition
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.20 Lot Dimensions: .2 acres Frontage Feet: 66
  • Property Information

    Financing: Cash,Contract,Conventional

  • Listing Price Information

    Original List Price: $995,000
  • Listing Information

    Possession: Negotiable Legal Description: E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.

  • Tax Information

    Annual Tax: $10,362 Parcel Number: 700320476003
  • Possession

    Negotiable
  • Legal Information

    Legal Description: Section: E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.

  • Parking Information

    Parking: 5
  • Multi-Unit Information

    Road Frontage: Paved,Pub. Sidewalk
  • Unit 1 Information

    # of Bedrooms: 5

  • School Information

    School District: Grand Haven
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1236 Fulton Avenue , Grand Haven, MI, 49417 $329,900 4 -- --
710 Verhoeks Street , Grand Haven, MI, 49417 $357,000 2 -- --
213 Clinton Avenue , Grand Haven, MI, 49417 $630,000 3 -- --
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 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., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/18/2026 @ 03:56

MLS: 71026026763 LISTED BY: Brian David Klingel , Coldwell Banker Woodland Schmidt Grand Haven 616-844-9000 SOURCE: Realcomp II Ltd

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