Updated 5-Unit Apartment
For Sale
$895,000
308 FRANKLIN STREET, Grand Haven, MI 49417
GRAND HAVEN, MI
Property SizeContact for details
Days on Market57
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: Oct 8 at 9:06AM
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.
This 5-unit apartment building at 308 Franklin Street includes refreshed interiors with new flooring, paint, light fixtures, and appliances. Property improvements include a roof installed approximately five years ago, a rebuilt front porch with its own roof, replacement windows throughout, Anderson 800 Series windows in the bay area of Unit #1, a new furnace, five mini-split systems, updated air-conditioning components, underground sprinkling, and a composite side deck. Furnishings in Unit #5 are included, and that unit generates a higher rental rate than the others.
The property is positioned along Grand Haven’s parade route near the waterfront, shopping, dining, restaurants, and year-round community events. Parking includes 7 dedicated spaces, with 2 covered spaces provided by the detached garage. The address is within Ottawa County and carries a 1908 construction date.
The property is positioned along Grand Haven’s parade route near the waterfront, shopping, dining, restaurants, and year-round community events. Parking includes 7 dedicated spaces, with 2 covered spaces provided by the detached garage. The address is within Ottawa County and carries a 1908 construction date.
Key Highlights
- 5‑unit apartment building with updated flooring, paint, fixtures, and appliances
- 7 dedicated parking spaces, including 2 covered spaces in the detached garage
- Roof replacement completed approximately five years ago
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing multifamily property with renovated interiors, dedicated parking, and extensive 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 building with updated flooring, paint, fixtures, and appliances; 7 dedicated parking spaces, including 2 covered spaces in the detached garage; Roof replacement completed approximately five years ago
