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  • $242,500

    249 W Franklin St, Otsego, MI 49078

    5beds
    2baths
    2,401sqft
    2 to 4 Units
    Built in 1880
    -- sqft lot
    $251,500 Zestimate®
    $101/sqft
    $1,386 Estimated rent

    Owner options

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    $1,386/mo

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    $1,386/mo

    Rent Zestimate®

    Refinance and save

    $1,476/mo

    Est. payment

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    $1,476/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: September 15, 2025 at 04:39pm

    Listed by:

    Marissa Stelzer Elevate Team 612-554-7188,

    Michigan Top Producers

    Bought with:

    Amy L Hamilton, 6501343755

    Jaqua, REALTORS

    Source: MichRIC,MLS#: 25043034MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Laundry: Gas Dryer Hookup, Lower Level, Upper Level
    Features
    • Basement: Full,Walk-Out Access
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 2,401 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Unpaved
    Lot
    • Size: 8,276 sqft
    • Dimensions: 66 x 125
    • Features: Level, Sidewalk
    Details
    • Parcel number: 5420905100

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & neighborhood

    Location
    • Region: Otsego
    • Subdivision: Burlinghams Add

    Other

    Other facts
    • Listing terms: VA Loan,FHA,Cash,Conventional
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $251,500
    2% more+$5,030
    With Zillow Showcase(estimated)$256,530