Three-Unit Rental
For Sale
$529,000
109 W Melendy Street, Ludington, MI 49431
Commercial Sale, Ludington, MI
Property Size1,411 SF
Lot Size0.23 Acres
Price / SF$374.91
Days on Market48
Property Features for 109 W Melendy Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
WM1
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Basement
Parking
2
Interior features
Broadband
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
Size
1,411 SF
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
Listing Agency:
LIGHTHOUSE REALTY-Ludington
(231) 845-7500
Listed By:
David J Moore
(231) 852-4700
Added: Sep 11
Changed: Oct 22
Last Checked: Oct 28 at 7:06PM
MLS# 26048543
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.
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Investment Insights
Based on property information with market context.
This 1,411-square-foot triplex occupies a 0.23-acre corner parcel in a historic 1900 home. The property is configured as three rental units and includes a basement, four bathrooms, forced-air heating, broadband, and cable availability. Its existing layout provides an established income-property format while retaining the character of an older residential structure.
The property is located at 109 W Melendy Street in Ludington, near downtown and the harbor. Views toward Harbor View Marina, the channel, and the lighthouse are identified from the property. Multifamily zoning would permit development of up to 7 units, subject to applicable approvals. Plans have also been prepared for larger condominium and multifamily concepts, including a 12-unit condominium plan and a 9-unit project across three buildings.
The property is located at 109 W Melendy Street in Ludington, near downtown and the harbor. Views toward Harbor View Marina, the channel, and the lighthouse are identified from the property. Multifamily zoning would permit development of up to 7 units, subject to applicable approvals. Plans have also been prepared for larger condominium and multifamily concepts, including a 12-unit condominium plan and a 9-unit project across three buildings.
Key Highlights
- 1,411‑square‑foot triplex on a 0.23‑acre parcel
- Three existing rental units with four bathrooms
- Built in 1900 with a basement and forced‑air heating
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Triplex - Historic corner property with forced-air heat, broadband, and multifamily expansion potential under current zoning.
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: 1,411‑square‑foot triplex on a 0.23‑acre parcel; Three existing rental units with four bathrooms; Built in 1900 with a basement and forced‑air heating
