Ludington Multifamily Investment
For Sale
$450,000
210 N Lavinia Street, Ludington, MI 49431
MULTI_FAMILY - Ludington, MI
Property SizeContact for details
Lot Size0.39 Acres
Days on Market387
Property Features for 210 N Lavinia Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R-2
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Laundry Room, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 4, Basement, Bedroom 3
Parking
8
Parking features
Driveway
Basement
Full
Lot features
Level, Sidewalk, Corner Lot
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
Ludington Ave to Lavinia, north to the property
Subdivision
MasonOceanaManistee - O
Standard status
Active
APN
53-051-210-049-00
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
C.E.RESSEGUIE'S SECOND ADDITION LOTS 9 & 10 BLOCK 6
Tax Annual Amount
4843
Legal Description
C.E.RESSEGUIE'S SECOND ADDITION LOTS 9 & 10 BLOCK 6
Utilities
Heating system
Forced Air
Building Details
Year built
1890
Number of units
4
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Greenridge Realty S Rath
(231) 843-6868
Listed By:
Debby Stevenson · License #6502347161
(231) 510-5727
Added: Aug 12, 2025
Changed: Jul 25
Last Checked: Sep 2 at 3:06AM
MLS# 25040796
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 property, situated on a double lot in Ludington, presents an investment opportunity with its proximity to downtown (5 blocks) and the beach (9 blocks). The property features four occupied rental units: two 2-bedroom units and two 1-bedroom units, each currently leased. One unit includes a sunroom, and another has a spacious deck. The property is a well-maintained income property with some replacement windows and a 12-year-old roof. All units have separate electric and gas meters, with tenants responsible for their own utilities, while the owner covers water and sewer costs. A common laundry room with coin-operated machines provides additional income. The property also includes a detached single-car garage and ample off-street parking. The lot size is 0.39 acres. The property has a long rental history and is located in town.
Key Highlights
- Four occupied rental units with leases in place: two 2‑bedroom units and two 1‑bedroom units
- Separate electric and gas meters for all units; tenants pay their own utilities while owner pays water/sewer
- Common on‑site laundry room with coin‑operated machines
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
800
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?
Quadplex - Four-unit property near downtown and beach with steady income.
Where is this quadplex located?
The property is located at 210 N Lavinia Street Ludington, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four occupied rental units with leases in place: two 2‑bedroom units and two 1‑bedroom units; Separate electric and gas meters for all units; tenants pay their own utilities while owner pays water/sewer; Common on‑site laundry room with coin‑operated machines
