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$199,900 Just Listed
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Property Description
Charming 3-bedroom, 1-bathroom home in the City of Otsego! The main floor features two bedrooms, a full bathroom, convenient main-floor laundry (located in bedroom), and comfortable living space. Upstairs offers a third bedroom along with a versatile walk-through room that could be used for an office, hobby area, storage, or other needs. Step outside to enjoy the fenced yard and storage shed, providing useful outdoor space and additional storage. Appliances are included for added convenience. Located close to parks, shopping, and area amenities, with easy access to US-131. This home offers functional living space and plenty of opportunity to make it your own!
Full Property Details
Full Property Details for 508 E Franklin St
General
- Price: $199,900
- Taxes: $2,983
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26050482
- Updated: 9/25/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 6
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Main Level
Additional Information
- Equipment: Shed(s)
Location
- County: Allegan
- Cross Streets: E. Allegan St. and Walnut St.
- Driving Directions: From US-131 & M-89; W on M-89/Allegan St; W on Franklin St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Windows: Replacement
- Stories/Levels: 2
- Square Feet: 1,188
- Living Area: 1,188 Sq. Ft.
- Year Built: 1874
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 20,038
- Lot Dimensions: 120 x 165
- Frontage: Paved
- Lot Features: Sidewalk
- Zoning: Residential
Financial Considerations
- Tax Amount: $2,983
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOTS 1 & 2 BLOCK B ALSO LOT 3 BLOCK B EX ELY 30 FT MEASURED ALONG FRANKLIN ST ALSO EX ALL THAT PT LYING S OF DRAIN HOMESTEAD ADDITION (88)
- Property ID: 54-452-001-00
Listed by eXp Realty LLC, Amie Proctor
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Schools
Schools serving 508 E Franklin St
School District:Otsego Public Schools
| Name | Grades | Distance |
|---|---|---|
Dix Street Elementary School 503 Dix Street, Otsego, MI 49078 | PK-5 | 0.2 mi |
Washington Street Elementary School 538 Washington Street, Otsego, MI 49078 | PK-5 | 1.1 mi |
Alamo Elementary School 8184 North 6th Street, Kalamazoo, MI 49009 | K-5 | 5.5 mi |
Otsego Middle School 540 Washington Street, Otsego, MI 49078 | 6-8 | 1 mi |
Otsego High School 550 Washington Street, Otsego, MI 49078 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 E Franklin St
Date
Details
Price
Change
Source
9/22/2026
Listed
$199,900
59.28%
MLS
3/25/2020
Sold
$125,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 E Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,868
39%
$79,400
6%
2024
$2,062
16%
$75,100
18%
2023
$1,781
—
$63,800
13%
2022
$1,781
—
$56,600
11%
2022
$1,781
49%
$51,100
32%
2020
$1,195
-26%
$38,700
1%
2019
$1,612
—
$38,400
15%
2019
$1,612
2%
$33,400
6%
2018
$1,585
100%
$31,600
14%
2016
100%
$27,700
18%
2016
—
$23,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 E Franklin St
508 E Franklin Street, Otsego, MI 49078 (MLS# 26050482) is a Single Family property with 3 bedrooms and 1 full bathroom. 508 E Franklin Street is currently listed for $199,900 and was received on September 22, 2026. Want to learn more about 508 E Franklin Street? Do you have questions about finding other Single Family real estate for sale in Otsego? You can browse all Otsego real estate or contact a Coldwell Banker agent to request more information.

