For Sale
308 Franklin Street, Grand Haven, MI 49417
$995,000
MLS # 26026763 (Michigan Regional Information Center (MichRIC))
5 unitsBuilt 19080.2 acres
1 / 59
Listing Description
Exceptional investment opportunity in the heart of downtown Grand Haven! This well-maintained 5-unit multifamily property is ideally situated along the city's renowned parade route and just moments from the waterfront, shopping, dining, restaurants, and year-round community events. Each unit has been thoughtfully updated with fresh paint, updated light fixtures, new flooring, and updated appliances, creating an attractive and move-in-ready living experience for tenants. Significant capital improvements have been completed throughout ownership, including a new roof approximately five years ago, a newly constructed front porch with new roof, Anderson 800 Series windows in the bay area of Unit #1, replacement windows throughout the property, a new furnace, five mini-split systems, updated air conditioning components, underground sprinkling, and a new composite side deck.
Source: SparkMLS
About this home
Currently offered at $995,000.
Estimated annual property tax: $10,362, or about $864 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Grand Haven Board of Light & Power; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeMulti Family
Property Subtype5+ Units
Bathrooms0
Lot Size0.2 acres
Year Built1908
Location
CityGrand Haven
MunicipalityGrand Haven City
Zip Code49417
CountyOttawa
School DistrictGrand Haven
Construction & Systems
ConstructionAluminum Siding
BasementPartial
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed6/2/2026
Terms AcceptedCash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$10,362
Tax Year2025
Assessed Value$197,031
Parcel #700320476003
Source: SparkMLS
Legal Description
E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Brian David Klingel
Coldwell Banker Woodland Schmidt Grand Haven
Frequently Asked Questions about 308 Franklin Street, Grand Haven, MI 49417
Which school district serves 308 Franklin Street, Grand Haven, MI 49417?
Per MLS# 26026763, 308 Franklin Street, Grand Haven, MI 49417 is in the Grand Haven boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Haven directly to confirm enrollment eligibility.
What financing options are available for 308 Franklin Street, Grand Haven, MI 49417?
Per MLS# 26026763, this listing accepts Cash, Conventional, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 308 Franklin Street, Grand Haven, MI 49417?
Per public tax records, annual property taxes for this property are $10,362 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 308 Franklin Street, Grand Haven, MI 49417 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 308 Franklin Street, Grand Haven, MI 49417 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 308 Franklin Street, Grand Haven, MI 49417?
Per Michigan Public Service Commission service territory data: Electric: Grand Haven Board of Light & Power. Gas: Michigan Gas Utilities Corporation. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Grand Haven City police department or the Ottawa County sheriff's office.
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Monthly payment$6,454
Principal & interest$6,454
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Grand Haven Board of Light & Power
Municipal
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
308 Franklin Street, Grand Haven, MI 49417
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Municipality
Grand Haven
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