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Duplex with Updated Kitchens
For Sale
$310,000

504 E Dowland Street, Ludington, MI 49431

Multi Family, Ludington, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market9

Property Features for 504 E Dowland Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 4
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
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 29 at 1:06AM
MLS# 26056078

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.

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex has an upper residence and a lower residence, each with three bedrooms, one bathroom, and laundry hookups. Both kitchens were updated in 2025, and newer appliances remain with the property. The building received a new roof in 2024, with siding and windows replaced in 2025. The lower unit has a furnace, while the upper unit is served by a space heater; both water tanks were replaced in 2023.

The property was built in 1890 and sits on a 0.08-acre lot at 504 E Dowland Street in Ludington, Michigan. Both residences have been freshly painted. The upstairs refrigerator was purchased in May 2026.

Key Highlights

  • Two residences, each configured with 3 bedrooms and 1 bathroom
  • Laundry hookups in both units
  • Roof replaced in 2024; siding and windows replaced in 2025

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Upper and lower residences each have three bedrooms, one bathroom, and laundry hookups.
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 $310,000.
What are key features of this property?
This property features: Two residences, each configured with 3 bedrooms and 1 bathroom; Laundry hookups in both units; Roof replaced in 2024; siding and windows replaced in 2025
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