Two-Unit Duplex with Off-Street
New
For Sale
$250,000
602 Fifth St, Ludington, MI 49431
Two residential units offer separate electric and gas metering.
Days on Market2
Property Features for 602 Fifth St
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,973
Building Details
Year Built
1900
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
GREENRIDGE Realty-Ludington
(231) 510-5727
Listed By:
Debby Stevenson · License #6502347161
(231) 510-5727
Source:
Elliman
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 2 at 3:32AM
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 GREENRIDGE Realty-Ludington
Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains two residential units, each with 2 bedrooms and 1 full bathroom. The lower residence includes a living room, dining area, large kitchen, basement access, laundry area, and storage. The upper residence provides a comparable layout with living areas, a kitchen and dining space, and roomy bedrooms. Vinyl siding, some replacement windows, and a roof approximately 4 years old are among the property improvements.
Each unit has its own electric and gas meter, with tenants responsible for those utilities. Ownership covers water and sewer. Additional features include paved off-street parking and a shared entrance. The property is located at 602 Fifth St in Ludington, Michigan, with a walk score of 59 and a bike score of 52.
Each unit has its own electric and gas meter, with tenants responsible for those utilities. Ownership covers water and sewer. Additional features include paved off-street parking and a shared entrance. The property is located at 602 Fifth St in Ludington, Michigan, with a walk score of 59 and a bike score of 52.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- Roof is approximately 4 years old
- Separate electric and gas meters for each unit
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
115
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate electric and gas metering.
Where is this duplex located?
The property is located at 602 Fifth St Ludington, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; Roof is approximately 4 years old; Separate electric and gas meters for each unit
