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Well-Maintained Duplex Income Property

602 Fifth Street Ludington, MI 49431

602 Fifth Street, Ludington, MI, 49431
$250,000
For Sale
$250,000

MULTI_FAMILY - Ludington, MI

Lot Size0.19 Acres
Days on Market43

Property Features for 602 Fifth Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Basement, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2
Parking
4
Parking features
Driveway
Basement
Full
Standard status
Active
APN
53-051-432-005-00
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
ADDITION NO. 2 LOT 5 BLOCK 112
Tax Annual Amount
1973

Utilities

Heating system
Forced Air

Building Details

Year built
1900
Number of units
2
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency Greenridge Realty S Rath
300 S Rath Ave Suite 101, Ludington, MI
Listed by Debby Stevenson · License #6502347161
Added: Jun 5 Checked: Jul 17 at 12:06 pm
MLS# 26027472 Listing URL

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 well-maintained duplex offers two spacious units, each with 2 bedrooms and 1 full bathroom. The lower unit includes a living room, dining room, large kitchen, basement access with a laundry area, and additional storage. The upper unit features a similar layout with comfortable living areas, a kitchen/dining area, and roomy bedrooms. Exterior improvements include vinyl siding, some replacement windows, and an approximately four-year-old roof. Each unit has separate electric and gas meters, while the owner pays water and sewer. A common-area entrance and paved off-street parking support convenient tenant access.

The property is located at 602 Fifth Street in Ludington, Michigan (Mason County). It sits on a small lot with a paved parking area and a shared entry point for residents.

For tenants or buyers seeking a straightforward residential income setup, the duplex configuration provides two independently metered units and similar interior layouts. Utility responsibility is clearly divided, with tenants paying their own electric and gas and the owner covering water and sewer. The lower unit’s basement access for laundry and storage adds day-to-day functionality, while the roof age and partial window replacements support near-term maintenance planning. The listing also notes a solid rental history.

Key Highlights

  • Well‑maintained duplex with two 2‑bedroom, 1‑bath units
  • Lower unit includes living room, dining room, large kitchen, basement access with laundry area, and additional storage
  • Upper unit offers a similar spacious layout with living areas, kitchen/dining area, and roomy bedrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon Electrical Service Dental Office Plumbing Service Spa & Massage Center Bakery Furniture & Home Goods Garden Center Locksmith

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

FAQs

What type of property is this?
Duplex - Two spacious 2-bedroom units with separate utility meters, paved off-street parking, and owner-paid water/sewer.
Where is this duplex located?
The property is located at 602 Fifth Street Ludington, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Well‑maintained duplex with two 2‑bedroom, 1‑bath units; Lower unit includes living room, dining room, large kitchen, basement access with laundry area, and additional storage; Upper unit offers a similar spacious layout with living areas, kitchen/dining area, and roomy bedrooms
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