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Two-Unit Duplex with Detached Garage
For Sale
$199,000

409 4th Street, Ludington, MI 49431

Multi Family, Ludington, MI

Property SizeContact for details
Lot Size0.19 Acres
Days on Market9

Property Features for 409 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential 2A
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Laundry Room, Bedroom 4, Bedroom 2, Bathroom 2
Parking 2
Parking features Paved or Surfaced
Basement Crawl Space
Lot features Sidewalk, Corner Lot
Elementary school district Ludington
Middle school district Ludington
High school district Ludington
Directions From Ludington Ave/US-10: S on Washington Ave. E onto Fourth street. Property on the left at the corner of Taylor St.
Standard status Active
APN 051-422-010-00
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ADDITION NO. 2 LOT 10 BLOCK 102.
Tax Annual Amount 4501
Legal Description ADDITION NO. 2 LOT 10 BLOCK 102.

Utilities

Utilities Cable Available
Heating system Forced Air, Wall Furnace

Building Details

Year built 1900
Number of units 2
Building materials Concrete
Listing Agency: Coldwell Banker Anchor-Hart · Coldwell Banker Real Estate
Listed By: Rick L Quinn · License #6501381956
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 6 at 2:06AM
MLS# 26051606

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 contains two residences, each arranged with two bedrooms, a kitchen, and a bathroom. A detached garage provides additional utility, and paved parking serves the property. The building dates to 1900 and has concrete construction, with forced-air and wall-furnace heating. Cable is available. The parcel measures 0.19 acres and is located in Ludington.

Key Highlights

  • Two residences, each with two bedrooms, a kitchen, and a bathroom
  • Detached garage and paved parking
  • 0.19‑acre parcel in Ludington

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Locksmith Furniture & Home Goods Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms, separate kitchens and bathrooms, with paved parking on site.
Where is this duplex located?
The property is located at 409 4th Street Ludington, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms, a kitchen, and a bathroom; Detached garage and paved parking; 0.19‑acre parcel in Ludington
More about this property
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