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Updated Duplex with Two Units
For Sale
$320,000

504 E Dowland Street, Ludington, MI 49431

Multi Family, Ludington, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market95

Property Features for 504 E Dowland Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 2
Parking 2
Basement Partial
Elementary school district Ludington
Middle school district Ludington
High school district Ludington
Directions From Ludington Avenue, turn South on Washington. West on Dowland. The units are located on the South side of the street. (Across from Bud's Tavern).
Standard status Active
APN 051-320-083-20
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIGINAL PLAT E 60 FT OF LOT 5 BLOCK 86.
Tax Annual Amount 1624
Legal Description ORIGINAL PLAT E 60 FT OF LOT 5 BLOCK 86.

Utilities

Utilities Cable Available
Heating system Forced Air

Amenities

laundry hook-ups

Building Details

Year built 1890
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: 4 Seasons Real Estate
Listed By: Greg Vukovich · License #6501311163
Added: Jun 9 Changed: Sep 8 Last Checked: Sep 11 at 12:06PM
MLS# 26028128

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 in Ludington, Michigan, was built in 1890 and contains an upper unit and a lower unit. Each residence provides 3 bedrooms, 1 bathroom, laundry hookups, a kitchen, and newer appliances that remain with the property. Both units have been freshly painted. The property sits on 0.08 acres and features vinyl siding, a composition roof, forced-air heating, and a basement.

Recent updates include a new roof completed in 2024, along with siding and windows replaced in 2025. The lower unit furnace, upper unit space heater, and both water tanks were installed in 2023. Kitchens in both units were updated in 2025, and the upstairs refrigerator was purchased in May of 2026. Cable is available at the property.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 bathroom in each unit
  • New roof completed in 2024
  • Siding and windows replaced in 2025

Property Analytics

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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
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 - Two residential units offer updated kitchens, laundry hookups, and recent exterior improvements.
Where is this duplex located?
The property is located at 504 E Dowland Street 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: Two‑unit duplex with 3 bedrooms and 1 bathroom in each unit; New roof completed in 2024; Siding and windows replaced in 2025
More about this property
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