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Duplex With Updated Units
For Sale
$320,000

504 E Dowland St, Ludington, MI 49431

Duplex with two 3-bedroom, 1-bath units, laundry hookups, and recent exterior and kitchen upgrades.

Property SizeContact for details
Days on Market69

Property Features for 504 E Dowland St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,623

Building Details

Year Built 1890
Units 2
Listing Agency: 4 Seasons Real Estate
Listed By: Greg Vukovich · License #6501311163
Source: Elliman
Added: Jun 14 Changed: Aug 14 Last Checked: Aug 20 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 4 Seasons Real Estate

Investment Insights

Based on property information with market context.

This duplex features an upper and lower unit, each with three bedrooms, one bathroom, and laundry hook-ups. Both units have been freshly painted and are positioned for immediate occupancy. The property’s systems and improvements include a new roof in 2024, siding and windows installed in 2025, a furnace for the lower unit and a space heater for the upper unit, plus both water tanks replaced in 2023. Kitchen updates were completed in 2025, and the upstairs refrigerator was purchased in May of 2026. The remaining appliances are newer and stay with the units, supporting a straightforward move-in or leasing experience.

Located at 504 E Dowland St in Ludington, the duplex benefits from a Bikeable and Somewhat Walkable setting, based on available walk and bike scores. Access and day-to-day convenience are supported by these walkability characteristics.

For buyers seeking a duplex setup, the consistent unit layout across the upper and lower sides can simplify operations while maintaining flexibility for tenant needs. With the described updates to exterior elements, major mechanical components, and unit kitchens, the property offers a practical path for an owner-operator or investor looking for a rental-ready duplex on the market for sale.

Key Highlights

  • Duplex built in 1890 with two units, each featuring 3 bedrooms and 1 bath
  • Laundry hookups available for both upper and lower units
  • New roof installed in 2024; siding and windows updated in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Spa & Massage Center Pharmacy (Bike/Boat/Book/etc) Store

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

596
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

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 - Duplex with two 3-bedroom, 1-bath units, laundry hookups, and recent exterior and kitchen upgrades.
Where is this duplex located?
The property is located at 504 E Dowland St Ludington, MI.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex built in 1890 with two units, each featuring 3 bedrooms and 1 bath; Laundry hookups available for both upper and lower units; New roof installed in 2024; siding and windows updated in 2025
More about this property
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