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Off market
  • $205,900

    405 S Madison St, Ludington, MI 49431

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $205,900 Zestimate®
    $--/sqft
    $1,298 Estimated rent

    Home value

    $205,900

    $187,000 - $226,000

    $1,298/mo

    Zestimate® history
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    What's special

    2 Unit in City of Ludington with current income of $1030.00. Both units are 2 bedrooms, tenant pays all utilities but water. Vinyl siding, most windows have been updated, roof is about 5 yrs old. This 2 unit has been owned by the same owner since 1987 and has been proven to be a great investment. Seller will be selling with the current tenants and will not be vacating property prior to closing. Tenants go with the sale. Seller will not be paying for title insurance. Buyer to verify information to be accurate.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Appliances
    • Included: Refrigerator

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 05133300900

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1901

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Ludington

    Other

    Other facts
    • Substructure: Crawl Space
    • Sewer: Public
    • Util Avail at Street: Electric, Public Sewer, Public Water
    • Terms Available: Cash/Conventional
    • Utilities Attached: Electric
    • Tenant Pays: Gas, Electric
    • Water: Public
    • Owner Pays: Water, Trash
    • Unit 1: Range Oven
    • Unit 2: Range/Oven
    • Lot Measurement: Acres
    • Property Sub-Type: 2 to 4 Units
    • Driveway: Unpaved
    • Auction or For Sale: For Sale
    • Unit 1: Occupied: Yes
    • Unit 2: Occupied: Yes

    Price history

    DateEventPrice
    2/10/2023Sold$170,000+143.2%
    Source: Public Record Report a problem
    4/28/2017Listing removed$69,900
    Source: LIGHTHOUSE REALTY-Ludington #17003493 Report a problem
    4/28/2017Pending sale$69,900+2.8%
    Source: LIGHTHOUSE REALTY-Ludington #17003493 Report a problem
    4/27/2017Sold$68,000-2.7%
    Source: MichRIC #17003493 Report a problem
    1/31/2017Listed for sale$69,900+3.6%
    Source: LIGHTHOUSE REALTY-Ludington #17003493 Report a problem
    11/10/2016Listing removed$67,450
    Source: LIGHTHOUSE REALTY-Ludington #16021614 Report a problem
    10/3/2016Price change$67,450-5%
    Source: LIGHTHOUSE REALTY-Ludington #16021614 Report a problem
    5/9/2016Listed for sale$71,000
    Source: LIGHTHOUSE REALTY-Ludington #16021614 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,350 $57,300 +6.7%
    2024-- $53,700 +12.8%
    2023-- $47,600 +6.3%
    2022-- $44,800 +4.7%
    2021-- $42,800 +18.6%
    2020-- $36,100 +7.1%
    2018-- $33,700 +2.1%
    2017-- $33,000 +5.1%
    2016-- $31,400 +3%
    2015-- $30,500 +2.3%
    2013-- $29,800 +4.2%
    2011-- $28,600 -11.2%
    2010-- $32,200

    Find assessor info on the county website

    Neighborhood: 49431

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ludington

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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