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  • $500,000

    1907 W Sugar Grove Rd, Ludington, MI 49431

    14beds
    8baths
    --sqft
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    5+ Units
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large pole barnWalkout lower levelsLaundry areas
    Investment Opportunity. 14.6 acres with Multiple Rental Units & Pole Barn This versatile income-producing property features two residential buildings with a total of five rental units (with potential for a sixth) plus a large pole barn, all situated on 14.6 acres in a prime central location. Building 1 offers two spacious 4-bedroom, 2-bath units, each with walkout lower levels and laundry areas. Building 2 includes four units--three completed 2-bedroom, 1-bath units and one undeveloped unit ready for your vision. Each unit is separately metered, allowing tenants to pay their own utilities. One well and one septic system for all units, ensuring low maintenance costs and operational efficiency. With steady rental income from leases already in place, this property is perfect for The large pole barn provides additional storage or income potential. Located across the street from West Shore Community College and centrally positioned between Ludington, Scottville, and Manistee, this property offers convenient access to area amenities and a strong tenant pool.
    302 days
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    49
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Debby Stevenson 231-510-5727,

    Greenridge Realty S Rath 231-843-6868

    Source: MichRIC,MLS#: 25041102MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 8
      Heating
      • Forced Air
      Appliances
      • Laundry: In Basement, Laundry Room
      Features
      • Basement: Full

      Property

      Parking
      • Total spaces: 10
      • Parking features: Driveway, Gravel
      Lot
      • Size: 14.5 Acres
      Details
      • Parcel number: 5301503400700
      • Zoning description: 401

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Units
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Cable Connected, Propane

      Community & HOA

      Location
      • Region: Ludington

      Financial & listing details

      • Tax assessed value: $90,957
      • Annual tax amount: $3,892
      • Date on market: 2/13/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/15/2026Contingent$500,000
        Source: MichRIC #25041102 Report a problem
        2/13/2026Listed for sale$500,000
        Source: MichRIC #25041102 Report a problem
        1/19/2026Contingent$500,000
        Source: MichRIC #25041102 Report a problem
        12/10/2025Price change$500,000-16%
        Source: MichRIC #25041102 Report a problem
        8/14/2025Listed for sale$595,000+1600%
        Source: MichRIC #25041102 Report a problem
        3/1/1991Sold$35,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,841 $165,200 +5.6%
        2024-- $156,400 +14%
        2023-- $137,200 +10.8%
        2022-- $123,800 +4.3%
        2021-- $118,700 -0.1%
        2020-- $118,800 +35.5%
        2018-- $87,700 -1%
        2017-- $88,600 +0.6%
        2016-- $88,100 -0.2%
        2015-- $88,300 +2.2%
        2013-- $86,400 -0.1%
        2011-- $86,500 -3.6%
        2010-- $89,700

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 49431

          Getting around

          4 / 100
          Car-Dependent
          16 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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