602 Fifth Street Ludington, MI $ 250,000
602 Fifth Street
$ 250,000
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602 Fifth Street

Ludington, MI, 49431
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,560

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Studio

Multi-Family Home for sale in Ludington, MI

for $250,000. This home was built in 1900 on a lot size of 0.19.

Multi-Family Income Property - Well-maintained duplex featuring two spacious units, each offering 2 bedrooms and 1 full bathroom. The lower unit includes a living room, dining room, large kitchen, basement access with laundry area, and additional storage. The upper unit offers a similar spacious layout with comfortable living areas, a nice-sized kitchen/dining area and roomy bedrooms. Both units are currently leased to long-term tenants, with a solid rental history, making this a strong investment opportunity. This home has vinyl siding, some replacement windows, and the roof is approximately 4 years old. Each unit has separate electric and gas meters and tenant pays their own utilities. Th owner pays water/sewer. The property features paved off-street parking, a common-area entrance, and a convenient location in the City of Ludington. Please note: some photos have been digitally edited to remove furnishings. Units are fully occupied48-hour notice required for all showings.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,940

Style

2 to 4 Units

Lot Size

0.19

Year Built

1900

Town/City

Ludington

County/Region

Mason

MLS | Web ID

25040352

Features
General
Heating Forced Air
Cooling None
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow Subject To Tenant Rights
Roof Composition
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric Gas
Township Ludington
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Mason
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Ludington Ave to Washington Ave South to Fifth St East to the property
City Ludington
High School District Ludington
Zoning Description 401
Number Of Units Total 2
MLS Area MasonOceanaManistee - O
Lot Size Units Acres
Lot Size Square Feet 8400.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 1940.0
Lease Renewal Y/N N
MLS Area Minor MasonOceanaManistee - O
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 33630
Legal Description ADDITION NO. 2 LOT 5 BLOCK 112
Senior Community None
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Interior
Basement Full Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Driveway Gravel
Lot Features Level Sidewalk Corner Lot
Total Parking 4.0
Lot Size Area 0.19
Number of Buildings 1
Spa N
Lot Dimensions 60 x 140
Lot Size Acres 0.19
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 602
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* Excluded Features
List By
Greenridge Realty S Rath

Broker

deb@debstevenson.com

Email

Affordability Calculator

$1,721
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
251574 Elementary School
251186 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2025$250,000 Listed Price

Map


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602 Fifth Street, Ludington, MI, 49431 is a Multi-Family Home for sale at $250,000 with a lot size of 0.19. 602 Fifth Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49431 which is in Ludington, MI