This multi-unit property in Ludington offers a practical investment with multiple income-producing dwellings on an 8,407-square-foot lot. The building contains two units, providing flexibility for owner-occupancy, rental operations, or a mix of both. Each unit includes two bedrooms, dedicated kitchen and bathroom spaces, with a detached garage adding storage and utility value. The property's configuration and established layout make it suitable for investors seeking diversified residential real estate in the Ludington area.
Active
$199,000
409 4th St, Ludington, MI 49431
4beds
2baths
1,840sqft
2 to 4 Units
Built in 1900
-- sqft lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
Detached garage
- 37 days
- 305
- 20
Zillow last checked:
Listing updated:
Listed by:
Rick L Quinn 517-285-2209,
Coldwell Banker Anchor-Hart 231-873-3400
Source: MichRIC,MLS#: 26051606
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Wall Furnace
Cooling
- None
Appliances
- Laundry: Common Area, Laundry Room
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 2
- Parking features: Unpaved
Lot
- Size: 8,276 Square Feet
- Dimensions: 60 x 140
- Features: Sidewalk, Corner Lot
Details
- Parcel number: 05142201000
- Zoning description: Residential 2A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Concrete
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Ludington
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $76,711
- Annual tax amount: $4,501
- Date on market: 9/28/2026
- Listing terms: VA Loan,USDA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,279/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $199,000+50.2%$108/sqft |
Source: | ||
| 8/24/2022 | Sold | $132,500-12.8%$72/sqft |
Source: | ||
| 7/28/2022 | Contingent | $152,000$83/sqft |
Source: | ||
| 7/13/2022 | Price change | $152,000-4.4%$83/sqft |
Source: | ||
| 6/14/2022 | Listed for sale | $159,000+169.5%$86/sqft |
Source: | ||
| 2/28/2013 | Listing removed | $59,000+7.3%$32/sqft |
Source: Lighthouse Realty #12024923 Report a problem | ||
| 11/9/2012 | Sold | $55,000-6.8%$30/sqft |
Source: Agent Provided Report a problem | ||
| 5/14/2012 | Listed for sale | $59,000$32/sqft |
Source: Lighthouse Realty #12024923 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,382 -3% | $88,600 +12% |
| 2025 | $4,520 | $79,100 +7.2% |
| 2024 | -- | $73,800 +7% |
| 2023 | -- | $69,000 +9.7% |
| 2022 | -- | $62,900 +5.5% |
| 2021 | -- | $59,600 +21.4% |
| 2020 | -- | $49,100 +2.7% |
| 2018 | -- | $47,800 -3.2% |
| 2017 | -- | $49,400 +4.7% |
| 2016 | -- | $47,200 +5.6% |
| 2015 | -- | $44,700 +4% |
| 2013 | -- | $43,000 +18.8% |
| 2011 | -- | $36,200 -11.1% |
| 2010 | -- | $40,700 |
Find assessor info on the county website
Monthly payment
Est. payment
