244 W Franklin St Otsego, MI 49078
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
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
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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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$149,900
244 W Franklin St
$1,780
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 18, 2012 | Home Sold | $35,000 |
Tax history
Year | Assessment | Property 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.
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.
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.