249 W Franklin St

Otsego MI 49078

2424 sq. ft.

0.19 ac.

Multi-Family

Last sold for $242,500

Marissa Stelzer Elevate Team, last sold this property on 05 September 2025 after 13 days on market.

Overview

Well-maintained Duplex in the heart of Otsego- Move In Ready! Pride of ownership shines through in this beautifully cared for 2-unit duplex, just a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. The current owner has thoughtfully updated and maintained the property, ensuring peace of mind for years to come with a new roof, waterproofed basement, updated fencing, modern appliances, refreshed flooring, and improved utilities. Each spacious unit offers: 2-3 bedrooms, 1 full bath, large living room and open kitchen with eating area, laundry hookups, and separate utilities for convenience. The lower unit is ideal for an owner-occupant who wants to enjoy the benefits of homeownership while generating income from the upper rental unit. Investors will also appreciate the property's turn key condition and desirable location, making it a perfect addition to any rental portfolio. Don't miss out this opportunity!

Features

2424 sq. ft. floor area

0.19 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Otsego over the last 12 months, the estimated median property value of 249 W Franklin St is $246.25k.

Median value

$246.25k

Estimated value range

$175k - $315k

Median days on market

Estimated value trend

16%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Otsego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 249 W Franklin St

2025

Sold

$242,500

05 Sep 2025 by Marissa Stelzer Elevate Team, of Real Broker LLC

2018

Sold

$142,500

12 Jan 2018 by Lisa Whittemore, of Berkshire Hathaway HomeServices MI

Happy sellers in Otsego

We have insufficient information to provide an overview of customer satisfaction for Otsego. Viewing the agent profiles, reviews and sales for Otsego can provide insights for this location.