Updated 5-Unit Apartment
For Sale
$895,000
308 Franklin Street, Grand Haven, MI 49417
Multi Family, Grand Haven, MI
Property SizeContact for details
Lot Size0.20 Acres
Days on Market143
Property Features for 308 Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
OS 1
Bedrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bedroom 5, Bathroom 5, Basement, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
Parking
5
Basement
Partial
Lot features
Sidewalk
Elementary school district
Grand Haven
Middle school district
Grand Haven
High school district
Grand Haven
Directions
U.S. 31 to Franklin Street west to property
Standard status
Active
APN
700320476003
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.
Tax Annual Amount
10362
Legal Description
E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1908
Number of units
5
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
Coldwell Banker Woodland Schmidt Grand Haven
(616) 844-9000
Listed By:
Brian David Klingel
(231) 206-3513
Added: Jun 3
Changed: Oct 22
Last Checked: Oct 23 at 3:06PM
MLS# 26026763
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5-unit apartment property was built in 1908 and occupies 0.2 acres in downtown Grand Haven. Unit interiors feature fresh paint, updated light fixtures, new flooring, and updated appliances. The property also includes a detached garage with two covered parking spaces and seven dedicated parking spaces overall. Furnishings in Unit 5 are included in the sale.
Capital improvements include a composition roof installed approximately five years ago, a rebuilt front porch with a new roof, replacement windows throughout, Anderson 800 Series bay-area windows in Unit 1, a new furnace, five mini-split systems, updated air-conditioning components, underground sprinkling, and a composite side deck. The building has aluminum siding, forced-air heating, cable availability, and public sewer.
The property sits along Grand Haven’s parade route and is near the waterfront, shopping, dining, restaurants, and year-round community events. Its location, unit count, parking, and completed improvements provide a defined multifamily asset in the downtown area.
Capital improvements include a composition roof installed approximately five years ago, a rebuilt front porch with a new roof, replacement windows throughout, Anderson 800 Series bay-area windows in Unit 1, a new furnace, five mini-split systems, updated air-conditioning components, underground sprinkling, and a composite side deck. The building has aluminum siding, forced-air heating, cable availability, and public sewer.
The property sits along Grand Haven’s parade route and is near the waterfront, shopping, dining, restaurants, and year-round community events. Its location, unit count, parking, and completed improvements provide a defined multifamily asset in the downtown area.
Key Highlights
- 5‑unit apartment property on 0.2 acres
- Seven dedicated parking spaces, including two covered spaces in a detached garage
- Roof replaced approximately five years ago
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Downtown property with dedicated parking and extensive recent building improvements.
Where is this apartment building located?
The property is located at 308 Franklin Street Grand Haven, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5‑unit apartment property on 0.2 acres; Seven dedicated parking spaces, including two covered spaces in a detached garage; Roof replaced approximately five years ago
