Three-Unit Harbor View
New
For Sale
$529,000
109 W Melendy Street, Ludington, MI 49431
Multi Family, Ludington, MI
Property SizeContact for details
Lot Size0.23 Acres
Days on Market3
Property Features for 109 W Melendy Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
WM1
Bedrooms
5
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Laundry Room, Bathroom 3, Bedroom 3, Basement, Bedroom 2
Parking
2
Parking features
Paved or Surfaced
Basement
Full
Lot features
Level, Sidewalk, Corner Lot
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
US-10/Ludington Ave west to James St turn south to Melendy west on Melendy to 109
Standard status
Active
APN
051-574-005-00
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
ORIGINAL PLAT LOT 5 & W 10 FT OF LOT 4 BLOCK 74.
Tax Annual Amount
8283
Legal Description
ORIGINAL PLAT LOT 5 & W 10 FT OF LOT 4 BLOCK 74.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1900
Number of units
3
Building materials
Shingle Siding
Listing Agency:
LIGHTHOUSE REALTY-Ludington
(231) 845-7500
Listed By:
David J Moore · License #6501143471
(231) 852-4700
Added: Sep 11
Last Checked: Sep 13 at 4:06AM
MLS# 26048536
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1900 residential income property is configured as a three-unit rental building on a 0.23-acre corner parcel. The structure includes shingle siding, forced-air heating, paved or surfaced parking, cable availability, a basement, laundry room, 5 bedrooms, and 4 bathrooms. Its existing layout supports multifamily occupancy, while the property information also identifies potential for conversion to a single-family residence.
The property is located at the corner of West Melendy Street and South Rath Avenue, approximately 5 blocks from Ludington Avenue and downtown. Harbor View Marina and the channel toward the lighthouse are visible from the property. Zoning is described as allowing up to 7 multifamily units, and plans have been prepared for both a 12-unit condominium concept and a 9-unit project across three buildings.
The property is located at the corner of West Melendy Street and South Rath Avenue, approximately 5 blocks from Ludington Avenue and downtown. Harbor View Marina and the channel toward the lighthouse are visible from the property. Zoning is described as allowing up to 7 multifamily units, and plans have been prepared for both a 12-unit condominium concept and a 9-unit project across three buildings.
Key Highlights
- Existing 3‑unit rental property on 0.23 acres
- Zoning would allow up to 7 multifamily units
- Harbor View Marina and channel views toward the lighthouse
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 49431, MI
17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Corner rental property near downtown with marina and channel views, paved parking, and potential for expanded multifamily use.
Where is this triplex located?
The property is located at 109 W Melendy Street Ludington, MI.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Existing 3‑unit rental property on 0.23 acres; Zoning would allow up to 7 multifamily units; Harbor View Marina and channel views toward the lighthouse
