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    Ludington, MI Multifamily Properties for Sale

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    Scottville, MI Pentwater, MI Custer, MI
    13 results
    Ludington Restaurant & Investment Opportunity
    $969,000
    8,208 SF

    Ludington Restaurant & Investment Opportunity

    121 & 125 S James Street, Ludington, MI 49431

    Turnkey restaurant and income-producing property in downtown Ludington.

    • Turnkey restaurant and real estate investment in downtown Ludington, including the established Blu Moon business, Class C liquor license, and all furniture, fixtures, and equipment.
    • Prime downtown location with high visibility and multiple income streams from the restaurant and three rental apartments (one 2‑bedroom and two 1‑bedroom).
    • Unique rooftop patio with wet bar, kitchen space, restrooms, and varied seating, offering additional revenue potential and a distinctive guest experience.
    • Lower‑level patio access via roll‑up garage door, suitable for seasonal service or private events.
    • Established business with strong local following, name recognition, and phone number included.
    Updated: Apr 17
    View details
    Hamlin Lake View Investment Property
    $339,000
    0.40 Acres

    Hamlin Lake View Investment Property

    6105 N Grace Avenue, Ludington, MI 49431

    Investment property with Hamlin Lake views. Tenants desire to stay.

    • Hamlin Lake‑Indian Pete Bayou views offer a desirable waterfront setting.
    • Two separate dwellings (1 BR/1 BA and 2 BR/2 BA) provide investment property potential.
    • New roof installed in April 2026 enhances property value and reduces maintenance concerns.
    • Existing tenants interested in staying offer immediate rental income.
    • 6105 features a brick fireplace, hardwood floors, and knotty pine walls for a charming interior.
    Updated: May 5
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    Ludington Mixed-Use Restoration Opportunity
    $185,000
    5,520 SF

    Ludington Mixed-Use Restoration Opportunity

    Mixed-use building in diverse retail corridor, ideal for restoration.

    309 S James Street, Ludington, MI 49431
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    Ludington Multifamily Property For Sale
    $199,900
    0.17 Acres

    Ludington Multifamily Property For Sale

    Well-maintained duplex near downtown, beach, and Lake Michigan.

    208 S Washington Avenue, Ludington, MI 49431
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    Ludington Multifamily Investment Opportunity
    $450,000
    0.39 Acres

    Ludington Multifamily Investment Opportunity

    Four-unit property near downtown and beach with steady income.

    210 N Lavinia Street, Ludington, MI 49431
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    Remodeled Duplex Near Downtown Ludington
    $399,000
    0.19 Acres

    Remodeled Duplex Near Downtown Ludington

    Completely remodeled duplex with new appliances, near downtown and beach.

    508 N James Street, Ludington, MI 49431
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    Remodeled Duplex Near Downtown Ludington
    $399,000
    3,000 SF

    Remodeled Duplex Near Downtown Ludington

    Recently remodeled duplex with modern amenities, close to downtown and beach.

    508 N James St, Ludington, MI 49431
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    Waterfront District Investment Opportunity
    $434,900
    85,813 SF

    Waterfront District Investment Opportunity

    Investment property in Ludington's waterfront district with multiple possibilities.

    509 Lake Street, Ludington, MI 49431
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    Versatile Income Property on 14.6 Acres
    $500,000
    14.50 Acres

    Versatile Income Property on 14.6 Acres

    Income-producing property with multiple rental units and a pole barn.

    1907 W Sugar Grove Rd, Ludington, MI 49431
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    Ludington Multifamily Property For Sale
    $199,900
    0.19 Acres

    Ludington Multifamily Property For Sale

    Multifamily property with income potential near downtown Ludington, Michigan.

    604 E Filer Street, Ludington, MI 49431
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    Ludington Multifamily Near Marina
    $438,000
    0.19 Acres

    Ludington Multifamily Near Marina

    Two-unit property near the beach and downtown Ludington.

    706 W Loomis Street, Ludington, MI 49431
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    Downtown Ludington Condo with Deck
    $428,000

    Downtown Ludington Condo with Deck

    Condo in the heart of downtown Ludington with great accessibility.

    200 S Robert #54, Ludington, MI 49431
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    Waterfront Investment Property Opportunity
    $434,900

    Waterfront Investment Property Opportunity

    Investment property overlooking PM Lake, near marinas and fishing charters.

    509 Lake St, Ludington, MI 49431
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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 Active listings in Ludington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Scottville Commercial Property with Apartment
    $339,900
    1,800 SF

    Scottville Commercial Property with Apartment

    Commercial space with apartment and vacant lot in Scottville, MI.

    120 Main Street N, Scottville, MI 49454
    View details
    Mixed-Use Building in Manistee, MI
    $159,000
    0.11 Acres

    Mixed-Use Building in Manistee, MI

    Multi-purpose building with rental units and retail space for sale.

    221 5th Street, Manistee, MI 49660
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    Manistee Triplex Renovation Opportunity
    $68,000
    0.11 Acres

    Manistee Triplex Renovation Opportunity

    Triplex renovation project with income potential in Manistee, Michigan.

    822 Vine Street, Manistee, MI 49660
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    Mixed-Use Property with Business Opportunity
    $339,900
    1,800 SF

    Mixed-Use Property with Business Opportunity

    Retail space with apartment and vacant lot for sale.

    120 Main Street N, Scottville, MI 49454
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale
    $67,999

    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405
    View details
    Recreational Land Bordering National Forest
    $39,900
    0.96 Acres

    Recreational Land Bordering National Forest

    RV recreational lot bordering Manistee National Forest.

    V/L E Kissing Oaks Trail, Custer, MI 49405
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    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres

    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689
    View details
    Traverse City Land with Utilities
    $59,000
    0.52 Acres

    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685
    View details

    Ludington, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 13 multifamily properties for sale in Ludington, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 102,541 square feet of properties for sale, with an estimated market value of $1,987,900.

    Sale prices for multifamily properties in Ludington, MI start at $185,000, averaging $496,975, and reaching up to $969,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 7
    Apartment buildings 3
    Short term rental properties 3
    Quadplexes 2
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Ludington fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 17K
    Population Growth (5Y) -2.2%
    Median Household Income $63,313
    College Educated 41.1%

    High-Yield Neighborhoods for Investment

    Identify Ludington submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49431 $413.6K

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