9523 N Business 31 Pentwater, MI ^$ 2,700,000

9523 N Business 31

^$ 2,700,000

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9523 N Business 31

Pentwater, MI, 49449

^$ 2,700,000

Studio Baths0.0

Monthly Estimate*

^$ 17,048

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Studio

Multi-Family Home for sale in Pentwater, MI

for $2,700,000. This home was built in 1970 on a lot size of 2.19.

PENTWATER TWP - 10+ UNITS - An exceptional investment opportunity awaits at 9523 N BR US 31, offering a fully occupied, cash-flowing multi-family portfolio in the high-demand Pentwater corridor featuring 10 long-term rental units plus an additional luxury Owner's Suite and property manager quarters. This property was completely rebuilt from the studs up, featuring brand-new exterior siding and full interior rebuilds - including new drywall, fresh paint, custom cabinetry, butcher block countertops, sleek flooring, updated trim, new appliances, and new furnaces and AC units throughout. A complete, itemized construction summary detailing the extensive work completed for each building is available in the associated listing documents for review. Designed for maximum profitability and seamless operation, the asset benefits from individual electric meters and dedicated AC units to keep overhead low, alongside a central coin-operated laundry facility generating supplemental income. The

Multi-Family Active

Price

^$ 2,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 12,463

Style

Lot Size

2.19

Year Built

1970

Town/City

Pentwater

County/Region

Oceana

MLS | Web ID

70555214

Features

General

Heating Forced Air

Status Active Active

Year Built 1970

County Oceana

Class MULTIFAMILY

Type Multi-Family

Municipality Pentwater Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Pentwater Twp (64014)

Primary City Pentwater

Directions From the North (Ludington): Take S Pere Marquette Hwy / BR US-31 South

City Pentwater

School District Pentwater Public School District

Financial Terms Cash Conventional

Legal Description See lengthy legal in documents - contains 5 tax id's and legal descriptions

DOM 1

Postal Code 49449

Public Remarks PENTWATER TWP - 10+ UNITS - An exceptional investment opportunity awaits at 9523 N BR US 31 offering a fully occupied

Exterior

Exterior Vinyl Siding

Frontage 510

Body of Water Bass Lake

Lot Size Area 2.19

Lot Dimensions IRREGULAR

Water Features Lake/River Access All Sports Lake

Roads City/County

Waterfront Y/N No

Interior

Total Number of Units 10

Fuel Type Electric

* Excluded Features

List By

Debby Stevenson

Listing Agent

Greenridge Realty S Rath

Broker

deb@debstevenson.com

Affordability Calculator

$18,087

Per Month

Monthly Principal & Interest: $17,048
Monthly Property Taxes: $1,039
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Pentwater, MI

Average List Price ^$1,377,000

Percent of Sale Price 49%

About Pentwater, MI

759 Population

2% Since 2002

^$51,193 Median Income

61.91 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3954342 Elementary School

3954327 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/27/2026	$2,700,000		Listed Price

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9523 N Business 31, Pentwater, MI, 49449 is a Multi-Family Home for sale at $2,700,000 with a lot size of 2.19. 9523 N Business 31 is a studio with 0.0 baths and was built in 1970. The property's zip code is 49449 which is in Pentwater, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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9523 N Business 31

Multi-Family Home for sale in Pentwater, MI

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