Active

$325,000

504 E Dowland St, Ludington, MI 49431

6beds

2baths

2,250sqft

$2,270/mo

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2 to 4 Units

Built in 1890

-- sqft lot

$313,200 Zestimate^®

$144/sqft

$-- HOA

What's special

Laundry hook-ups

Great investment opportunity in this duplex with upper and lower units. Both units have 3 bedrooms, 1 bath, and laundry hook-ups. The duplex has a new roof in 2024, siding and windows in 2025. The furnace for the lower unit and a space heater for the upper unit and both water tanks in 2023. The kitchens in both units have been updated in 2025 and the refrigerator upstairs was purchased in May of 2026. All of the other appliances are newer and stay with the units. Each of the units have been freshly painted making them rent ready. Make an appointment today to see the potential this duplex has in store for you!

47 days

292

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Forced Air

Features

Basement: Partial

Interior area

Total interior livable area: 2,250 sqft

Property

Parking

Total spaces: 2

Lot

Size: 3,484 Square Feet
Dimensions: 60 x 60

Details

Parcel number: 05132008320

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1890

Utilities & green energy

Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Ludington

Financial & listing details

Price per square foot: $144/sqft
Tax assessed value: $27,174
Annual tax amount: $1,623
Date on market: 6/9/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Water, Gas
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$313,200

$298,000 - $329,000

$1,298/mo

Price history

Date	Event	Price
6/10/2026	Listed for sale	$325,000$144/sqft
Source: MichRIC #26028128 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,644	$67,700 +8.1%
2024	--	$62,600 +11.2%
2023	--	$56,300 +10%
2022	--	$51,200 +5.8%
2021	--	$48,400 +21.6%
2020	--	$39,800 +5%
2018	--	$37,900 -0.5%
2017	--	$38,100 +5.2%
2016	--	$36,200 -0.8%
2015	--	$36,500 +8%
2013	--	$33,800 +10.8%
2011	--	$30,500 -11.6%
2010	--	$34,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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