$895,000
Grand Haven, MI 49417
MLS# 26026763
1 / 59
Property 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.
Details
Maps
Location & Property Info
Cross Streets: Washington and Clinton
Property Sub-Type: 5+ Units
Municipality: Grand Haven City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: .2 acres
Road Frontage: 66
Waterfront: No
Basement: Yes
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total Parking Spaces: 5
School District: Grand Haven
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Year Built: 1908
Tax Info
Taxable Value: 197031
SEV: 269300
For Tax Year: 2025
Seller's Annual Property Tax: 10362
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: OS 1
Tax ID #: 700320476003
Remarks & Misc
Public Remarks: 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.
Legal: E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Land Contract: 1
Mineral Rights
Unknown: 1
Laundry Features
In Unit: 1
Exterior Material
Aluminum Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Mini-Split: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Paved: 1
Substructure
Partial: 1
Extras
Garages: 1
Sep Gas Meter: 1
Sep Water Meter: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Unit 1 (pink fp)
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Unit 2 (blue fp)
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Washer/Dryer: 1
Unit 3
Unit #: 3
Unit Description: Unit 3 (green fp)
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: Unit 4 (yellow fp)
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: Unit 5 (orange fp)
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Negotiable: 1
Location Property Info
County: Ottawa
Street #: 308
Street Name: Franklin
Suffix: Street
State: MI
Zip Code: 49417
OfficeContract Info
Status: Active
Current Price: $895,000
List Price: $895,000
Listing Date: 2026-06-03
Remarks Misc
Directions: U.S. 31 to Franklin Street west to property
Property Features
Laundry Features: In Unit
Exterior Material: Aluminum Siding
Roofing: Composition
Substructure: Partial
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages; Sep Gas Meter; Sep Water Meter
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Mini-Split
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; Land Contract
Possession: Negotiable
Sale Conditions: None
Unit 1: Washer/Dryer
Unit 2: Washer/Dryer
Supplements
The detached garage provides two covered parking spaces, while the property offers a total of 7 dedicated parking spaces, an invaluable amenity in downtown Grand Haven.
The sale includes furnishings currently within unit 5, providing additional value and convenience for the next owner. Unit #5 commands a premium rental rate compared to the other units. Contact our office for current rental income information, Unit #5 rental details, operating expenses, and additional property information. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset in one of West Michigan's most desirable lakeshore communities, this is an opportunity you won't want to miss.
Listing Office: Coldwell Banker Woodland Schmidt Grand Haven
Listing Agent: Brian David Klingel
Last Updated: July - 02 - 2026
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