Duplex Residential Income
For Sale
Contact for pricing
Pending
418 E Franklin Street, Otsego, MI 49078
Duplex with separate main-level and upstairs units, each with heat, plus a large detached three-car garage.
Property SizeContact for details
Days on Market128
Property Features for 418 E Franklin Street
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Building Details
Year Renovated
2021
Stories
2
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices Michigan Real Estate Plainwell
(269) 217-4624
Listed By:
Chuck Kinnane · License #MI 6501293749
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 13 at 3:30PM
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 Berkshire Hathaway HomeServices Michigan Real Estate Plainwell
Investment Insights
Based on property information with market context.
This duplex-style residential income property features two units: one on the main level and one upstairs. The main level is equipped with gas forced-air heat, while the upstairs is heated by a space heater. The main level unit is vacant, and the upstairs unit is also currently vacant.
The home was updated with a brand-new roof in 2021 and new siding. There is also a large three-car detached garage with a new roof, along with a large backyard. The property is described as within walking distance to downtown.
With both units vacant, the layout can function as a multi-unit property, or the home could be converted back to a single-family residence, depending on the buyer’s intended use.
The home was updated with a brand-new roof in 2021 and new siding. There is also a large three-car detached garage with a new roof, along with a large backyard. The property is described as within walking distance to downtown.
With both units vacant, the layout can function as a multi-unit property, or the home could be converted back to a single-family residence, depending on the buyer’s intended use.
Key Highlights
- Duplex layout with a main‑level unit and a separate upstairs unit
- Main level features gas forced‑air heat; upstairs is heated by a space heater
- Main level and upstairs units are currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 49078, MI
9,483
Population
4,315
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
92%
High-School Grad
49.5 sq mi
ZIP Area
192
Density / Sq Mi
$77,517
Median Household Income
$44,956
Median Earnings
$1,106
Median Rent
$189,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with separate main-level and upstairs units, each with heat, plus a large detached three-car garage.
Where is this duplex located?
The property is located at 418 E Franklin Street Otsego, MI.
What are key features of this property?
This property features: Duplex layout with a main‑level unit and a separate upstairs unit; Main level features gas forced‑air heat; upstairs is heated by a space heater; Main level and upstairs units are currently vacant
