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Duplex Investment Opportunity
For Sale
$349,900

313 N 5th St, Grand Haven, MI 49417

Versatile duplex with two 1-bedroom units and recent exterior updates, including a new roof and driveway.

Property SizeContact for details
Days on Market45

Property Features for 313 N 5th St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,073

Building Details

Year Built 1921
Units 2
Listing Agency: HomeRealty, LLC
Listed By: Alishia Monasmith
Source: Elliman
Added: Jul 4 Changed: Aug 14 Last Checked: Aug 16 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeRealty, LLC

Investment Insights

Based on property information with market context.

This duplex offers a flexible residential income setup with two separate 1-bedroom units. The renovated upper unit includes 1 full bath and is ready to generate rental income. The lower unit features 1 bath, a spacious light-filled living area, and a front sunroom that can be renovated and customized.

Located near downtown Grand Haven, the property provides convenient access to local shops and restaurants, the waterfront, Chinook Pier, and Lake Michigan beaches.

The home has had major updates, including a new roof in 2024 and a new driveway.

Key Highlights

  • Duplex built in 1921 offering two 1‑bedroom units and 1 full bath in the upper unit
  • Upper unit is renovated and ready to generate rental income
  • Lower unit includes 1 bedroom, 1 bath, a spacious light‑filled living area, and a front sunroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,213
Businesses Nearby

Demographics for 49417, MI

32,406
Population
14,709
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
95%
High-School Grad
46.9 sq mi
ZIP Area
691
Density / Sq Mi
$84,476
Median Household Income
$45,392
Median Earnings
$1,101
Median Rent
$287,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Versatile duplex with two 1-bedroom units and recent exterior updates, including a new roof and driveway.
Where is this duplex located?
The property is located at 313 N 5th St Grand Haven, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex built in 1921 offering two 1‑bedroom units and 1 full bath in the upper unit; Upper unit is renovated and ready to generate rental income; Lower unit includes 1 bedroom, 1 bath, a spacious light‑filled living area, and a front sunroom
More about this property
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