Renovated Short-Term Rental
New
For Sale
$650,000
414 E Ludington Avenue, Ludington, MI 49431
Commercial Sale, Ludington, MI
Property Size2,198 SF
Lot Size0.19 Acres
Price / SF$295.72
Days on Market3
Property Features for 414 E Ludington Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3
Parking
8
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
Head west on Ludington Ave towards downtown Ludington follow to address. Located on the south side of the street.
Standard status
Active
APN
051-222-001-00
Size
2,198 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RESSEGUIE'S ADDITION LOT 1 BLOCK 2
Tax Annual Amount
7000
Legal Description
RESSEGUIE'S ADDITION LOT 1 BLOCK 2
Utilities
Utilities
Cable Available
Heating system
Baseboard, Forced Air
Cooling system
Wall Unit(s)
Amenities
laundry/utility space
office
Building Details
Year built
1954
Number of units
3
Building materials
Brick
Roof type
Composition
Listing Agency:
LIGHTHOUSE REALTY-Ludington
(231) 845-7500
Listed By:
Chad Enbody
(231) 794-8961
Added: Sep 3
Changed: Sep 4
Last Checked: Sep 5 at 5:06AM
MLS# 26047302
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.
Renovated in 2020, this 2,198-square-foot short-term rental property contains three fully furnished suites: two two-bedroom, two-bath units and one one-bedroom, one-bath unit. Each suite includes a full kitchen. The layout also provides dedicated laundry and utility space, an office, and two newer water heaters. The property was originally built in 1954 and has brick construction, composition roofing, baseboard and forced-air heating, and wall-unit cooling.
Located at 414 E Ludington Avenue in Ludington, the property sits a few blocks from downtown and minutes from Lake Michigan. The 0.19-acre site is currently used for short- and mid-term rentals and has an established rental history. Cable is available, and the property includes five bathrooms across the three suites.
Located at 414 E Ludington Avenue in Ludington, the property sits a few blocks from downtown and minutes from Lake Michigan. The 0.19-acre site is currently used for short- and mid-term rentals and has an established rental history. Cable is available, and the property includes five bathrooms across the three suites.
Key Highlights
- 2,198‑square‑foot property on a 0.19‑acre site
- Three fully furnished suites with full kitchens
- Unit mix includes two 2‑bedroom/2‑bath suites and one 1‑bedroom/1‑bath suite
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
735
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?
Short term rental property - Three furnished suites support established short- and mid-term rental operations.
Where is this short term rental property located?
The property is located at 414 E Ludington Avenue Ludington, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,198‑square‑foot property on a 0.19‑acre site; Three fully furnished suites with full kitchens; Unit mix includes two 2‑bedroom/2‑bath suites and one 1‑bedroom/1‑bath suite
