$149,900

244 W Franklin St Otsego, MI 49078

$1,780
Closing credit¹
0.3 acres
Multi-Family

Property details

About 244 W Franklin St

Don't miss out on this rare opportunity to own a duplex in Otsego schools! Both units are spacious 1 bed, 1 bath units. Current owner has kept the rent low for long term tenants and is currently renting below market rate. New roof in 2020. New furnace in 2024. Sewer line replaced in 2018 and new electrical panels in 2020. Both gas and electric are split, however owner provides gas due a single furnance and water heater. Tenants pay electic and trash. The exterior of the home will need new windows and siding. Call today. Limited showing times for tenants convienence. First showing opportunity is Sat. May 31st from 10am - noon.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
BasementYes
Lot size0.27 Acres
Year built1860
ParkingUnpaved
MLS #25024207

Summary

  • Basement: Yes
  • Attached Garage: No
  • Parking: Unpaved
  • Heating: Forced Air
  • Cooling: None
  • List Price: $149,900
  • Annual Tax Amount: $1,899
  • Tax Year: 2024
  • Directions: South on Kalamazoo and West at Franklin.
  • Year Built: 1860
  • Lot Size: 0.27 Acres
  • MLS Number: 25024207
  • Office Name: Five Star Real Estate (Ada)
  • Office Phone: (616) 425-7600
  • Listing Agent: Matthew C Kepley

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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244 W Franklin St, Otsego, MI 49078 - view of front of house with covered porch

$149,900

244 W Franklin St

$1,780

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 18, 2012
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2024$63,500$1,899
2023$54,300$1,899
2022$48,500$1,899
2021$45,000$1,852
2020$44,600$1,822
2019$37,900$1,822
2018$30,100$-
2017$30,100$-

History based on county public records data.

Nearby schools

6

Washington Street Elementary School

Public District PK-5

0.1 mi

538 Washington St

6

Dix Street Elementary School

Public District PK-5

0.7 mi

503 Dix St

5

Starr Elementary School

Public District KG-5

2.9 mi

601 School Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,889. Residents of Otsego, MI typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

51%
<35k
33%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
14%
Single, with Kids
29%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • MotocrossMotocross

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • GameStopGameStop

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • JeepJeep

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

This home is located at 244 W Franklin St in Otsego, MI and zip code 49078. Features: 0 bathroom. It has been listed on Rocket Homes since May 26, 2025 and is currently priced at $149,900.

Over 3 listings were sold over their listed price in April 2025 in Otsego, MI. In the same period over 2 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Otsego, MI between March and April 2025 increased by 25%. The median list price of listings available in April 2025 was $256,500, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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