Updated 5-Unit Apartment
For Sale
$895,000
308 FRANKLIN STREET, Grand Haven, MI 49417
GRAND HAVEN, MI
Property SizeContact for details
Days on Market11
Property Features for 308 FRANKLIN STREET
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Standard status
Active
Building Details
Year built
1908
Listing Agency:
Grand Haven · Coldwell Banker Real Estate
(616) 844-9000
Listed By:
Brian Klingel · License #6501319991
(231) 206-3513
Added: Aug 13
Changed: Aug 19
Last Checked: Aug 23 at 10:06AM
MLS# 26026763
Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1908, this five-unit apartment property has received extensive updates to both the residences and common improvements. Unit interiors feature fresh paint, newer light fixtures, flooring, and appliances. Ownership improvements include a roof installed approximately five years ago, a rebuilt front porch with its own roof, replacement windows, a new furnace, five mini-split systems, upgraded air-conditioning components, underground sprinkling, and a composite side deck. Furnishings in Unit 5 are included in the sale.
The property is located in downtown Grand Haven along the city's parade route, near the waterfront, shopping, dining, restaurants, and recurring community events. Seven dedicated parking spaces are provided, including two covered spaces in a detached garage. Unit 5 generates a higher rental rate than the other units.
The property is located in downtown Grand Haven along the city's parade route, near the waterfront, shopping, dining, restaurants, and recurring community events. Seven dedicated parking spaces are provided, including two covered spaces in a detached garage. Unit 5 generates a higher rental rate than the other units.
Key Highlights
- 5‑unit apartment property built in 1908
- 7 dedicated parking spaces, including 2 covered spaces in a detached garage
- Five mini‑split systems and a new furnace
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Downtown multifamily property with dedicated parking, renovated interiors, and multiple completed capital 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 built in 1908; 7 dedicated parking spaces, including 2 covered spaces in a detached garage; Five mini‑split systems and a new furnace
