Shared Well and Septic
For Sale
$339,000
6105 N Grace Avenue, Ludington, MI 49431
MULTI_FAMILY - Ludington, MI
Property SizeContact for details
Lot Size0.40 Acres
Days on Market109
Property Features for 6105 N Grace Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Basement, Bedroom 3
Parking
3
Basement
Full
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
From US 10, turn North on Jebavy Drive. West on Shagway. North on Grace Ave to homes on West side of the road.
Standard status
Active
APN
007-160-023-00
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
X79. FIRST ADDITION TO BRIDGE'S RESORT LOT 24 AND LOT 23 EXC S 49.25 FT. 6105 N GRACE AVE
Tax Annual Amount
4106
Legal Description
X79. FIRST ADDITION TO BRIDGE'S RESORT LOT 24 AND LOT 23 EXC S 49.25 FT. 6105 N GRACE AVE
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air, Baseboard
Water source
Well
Water front features
Lake
Water front
1
Building Details
Year built
1981
Number of units
2
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
4 Seasons Real Estate
(231) 362-3865
Listed By:
Greg Vukovich · License #6501311163
(231) 233-7777
Added: May 5
Changed: Jul 25
Last Checked: Aug 21 at 12:06AM
MLS# 26020014
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 duplex consists of two separate residences included in one tax ID and cannot be separated. One home was built in 1983 and offers 1 bedroom and 1 bathroom with an open floor plan. The other home was built in 1935 and offers 2 bedrooms and 2 bathrooms, along with a full basement that contains the washer, dryer, furnace, and hot water heater. Interior finishes include knotty pine walls upstairs and hardwood floors, plus a brick fireplace in the living room. The property includes a carport and patio area, and the seller notes that no occupants have lived in the homes. A new roof was installed in April 2026, and the seller also reports that a washer and dryer were installed in 2026, located in the utility room below next to the garage.
The shared well was installed in 2005, and the septic system was pumped on 6-10-2026. The listing remarks also reference Hamlin Lake–Indian Pete Bayou views.
For buyers or tenants seeking a manageable residential income setup, the key operational advantage is that both residences are packaged under one tax ID while sharing the well and septic services. The current tenants have expressed a desire to stay, which may support continuity for an owner looking to keep the property producing consistent rental income.
The shared well was installed in 2005, and the septic system was pumped on 6-10-2026. The listing remarks also reference Hamlin Lake–Indian Pete Bayou views.
For buyers or tenants seeking a manageable residential income setup, the key operational advantage is that both residences are packaged under one tax ID while sharing the well and septic services. The current tenants have expressed a desire to stay, which may support continuity for an owner looking to keep the property producing consistent rental income.
Key Highlights
- Hamlin Lake–Indian Pete Bayou views; waterfront feature is listed as Lake
- Two homes included under 1 tax ID and cannot be split (6095 built 1983; 6105 built 1935)
- Shared utilities: well installed in 2005 and septic pumped 6‑10‑2026
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
20
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-residence duplex offering shared well and septic under one tax ID, with recent roof replacement and updated laundry systems.
Where is this duplex located?
The property is located at 6105 N Grace Avenue Ludington, MI.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Hamlin Lake–Indian Pete Bayou views; waterfront feature is listed as Lake; Two homes included under 1 tax ID and cannot be split (6095 built 1983; 6105 built 1935); Shared utilities: well installed in 2005 and septic pumped 6‑10‑2026
