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    1907 W Sugar Grove Rd Ludington, MI 49431

    For Sale
    $595,000

    MULTI_FAMILY - Ludington, MI

    Lot size:
    14.50 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1907 W Sugar Grove Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 10, Bathroom 3, Bedroom 2, Bathroom 5, Basement, Bedroom 9, Bathroom 8, Bedroom 11, Bedroom 13, Laundry Room, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 14, Bedroom 12, Bathroom 2, Bedroom 1, Bathroom 7, Bedroom 5, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 8, Bathroom 6
    Bedrooms
    14
    APN
    53-015-034-007-00
    Parking
    10
    Parking features
    Driveway
    Basement
    Full
    Lot size
    14.50 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1985
    Number of units
    6
    Building materials
    Vinyl Siding
    Roof type
    Composition

    GREENRIDGE Realty-Ludington (231) 843-6868

    Listing agent Debby Stevenson (231) 510-5727

    Listing date Nov 17, 2025

    MLS# 25041102 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Income Property on 14.6 Acres

    This income-producing property features two residential buildings with a total of five rental units and potential for a sixth, plus a large pole barn, all situated on 14.6 acres. Building 1 offers two spacious 4-bedroom, 2-bath units, each with walkout lower levels and laundry areas. Building 2 includes four units, with three completed 2-bedroom, 1-bath units and one undeveloped unit. Each unit is separately metered, allowing tenants to pay their own utilities. One well and one septic system serve all units. Leases are already in place, providing steady rental income. The large pole barn provides additional storage or income potential. The property is located across the street from West Shore Community College and centrally positioned between Ludington, Scottville, and Manistee, offering convenient access to area amenities and a strong tenant pool. This property is located in Ludington, Michigan, in Mason County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Spa & Massage Veterinary Clinic Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.328082
    Latitude
    44.005352

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    FAQs

    What type of property is this?
    Apartment building - Income-producing property with multiple rental units and a pole barn.
    Where is this apartment building located?
    The property is located at 1907 W Sugar Grove Rd Ludington, MI.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - 14.6-acre property with multiple income-generating rental units.; - Five existing rental units (two 4-bedroom, two-bath units and three 2-bedroom, one-bath units) with potential for a sixth.; - Large pole barn provides additional storage or income potential.
    (231) 510-5727
    Request Owner's contact information
    1907 W Sugar Grove Rd Ludington, MI 49431
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    Ludington, MI 49431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1907 W Sugar Grove Rd Ludington, MI 49431
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