$895,000
0.20 Acre Lot

308 Franklin Street, Grand Haven, Michigan 49417

  • Multi Family Property Type
  • Paved Cars Garage
  • 1908 Year Built
Property Description

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.

Basic Details
Multi Family
For Sale
26026763
$895,000
1908
0.20 Acre
Active
5+ Units
: Composition
Features
: Forced Air
: Partial
: Paved
: In Unit
: Public Sewer
: Natural Gas Available, Natural Gas Connected, Cable Connected, Cable Available, Electricity Available, Electricity Connected, Storm Sewer
Address Map
MI
Ottawa
Grand Haven
49417
Franklin
308
Street
W87° 46' 13.4''
N43° 3' 44.3''
U.S. 31 to Franklin Street west to property
Neighborhood
Grand Haven
Additional information
Coldwell Banker Woodland Schmidt Grand Haven
Brian David Klingel
Additional Information
: Aluminum Siding
: Sidewalk
.2 acres
5
2026-06-03
Financial
10362.0
Listing Information
h12733
hn10134
Cash, Conventional, Contract
Active
2026-07-02T14:04:53Z
MICHRIC
2026-06-03T19:04:00Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent