Ludington, MI Multifamily properties for sale

Updated: Sep 11

Three-Unit Rental Property

109 W Melendy Street, Ludington, MI 49431

$529,000

1,411 sqft 0.23 AC lot

1,411‑square‑foot triplex on a 0.23‑acre parcel
Three existing rental units with four bathrooms
Built in 1900 with a basement and forced‑air heating
Multifamily zoning permits up to 7 units
Corner location at 109 W Melendy Street, Ludington, MI 49431

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Updated: Sep 3

Renovated Short-Term Rental Property

414 E Ludington Avenue, Ludington, MI 49431

$650,000

2,198 sqft 0.19 AC lot

2,198‑square‑foot property on a 0.19‑acre site
Three fully furnished suites with full kitchens
Unit mix includes two 2‑bedroom/2‑bath suites and one 1‑bedroom/1‑bath suite
Renovated in 2020; originally built in 1954
Dedicated laundry/utility space, office, and two newer water heaters

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Three-Unit Harbor View Property

109 W Melendy Street, Ludington, MI 49431

$529,000

0.23 AC lot

Corner rental property near downtown with marina and channel views, paved parking, and potential for expanded multifamily use.

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Mixed-Use Property with Rooftop Patio

121125 121 & 125 S James St, Ludington, MI 49431

$849,000

8,208 sqft

Restaurant and bar operation combined with three rental apartments, business assets, and a full dry basement.

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Two-Unit Duplex with Detached Garage

409 4th Street, Ludington, MI 49431

$199,000

0.19 AC lot

Both residences have two bedrooms, separate kitchens and bathrooms, with paved parking on site.

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Waterfront Duplexes

6105 N Grace Avenue, Ludington, MI 49431

$339,000

0.40 AC lot

Two residences share one tax ID, with lake views, a well, septic system, and tenant interest in continued occupancy.

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Updated Duplex with Two Units

504 E Dowland Street, Ludington, MI 49431

$310,000

0.08 AC lot

Two residential units offer updated kitchens, laundry hookups, and recent exterior improvements.

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Furnished Short-Term Rental Suites

414 E Ludington Ave, Ludington, MI 49431

$650,000

Renovated lodging property with three furnished suites, full kitchens, dedicated utility space, and an office.

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Two-Unit Duplex with Off-Street Parking

208 S Washington Avenue, Ludington, MI 49431

$179,900

0.17 AC lot

Well-maintained duplex with two one-bedroom units, private outdoor space, and convenient access to downtown amenities.

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Furnished Duplex Near Beach

706 W Loomis Street, Ludington, MI 49431

$438,000

0.19 AC lot

The two-unit layout supports daily, weekly, and monthly rental use under existing city grandfathering.

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Three-Unit Rental Property

109 W Melendy St, Ludington, MI 49431

$529,000

Corner property near downtown with harbor and channel views, plus documented options for residential redevelopment.

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Lakefront Marina with RV Sites

846 S Lakeshore Drive, Ludington, MI 49431

$849,900

800 sqft 1.70 AC lot

Waterfront operation with boat slips, RV sites, and updated docks and shoreline improvements.

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Two-Unit Duplex with Detached Garage

409 4th St, Ludington, MI 49431

$199,000

Both residences offer two bedrooms, separate kitchens and bathrooms, and access to a detached garage.

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RV Sites and Boat Slips

Ludington, MI 49431

$849,900

1.70 AC lot

Turnkey business opportunity with RV sites and boat slips.

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Duplex With Updated Units

504 E Dowland St, Ludington, MI 49431

$310,000

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

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Furnished Two-Unit Duplex

706 W Loomis Street, Ludington, MI 49431

$438,000

8,276 sqft

Furnished duplex with established daily, weekly, and monthly rental use.

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Downtown Ludington Condo with Deck

200 S Robert #54, Ludington, MI 49431

$428,000

Condo in the heart of downtown Ludington with great accessibility.

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Ludington, MI Multifamily Properties Market Trends and Statistics

Explore 17 multifamily properties for sale in Ludington, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 20,893 square feet of properties for sale, with an estimated market value of $8,276,700.

Sale prices for multifamily properties in Ludington, MI start at $179,900, averaging $486,864, and reaching up to $849,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49431	$507K

Neighborhood

Average Price

49431

$507K