Quadplex

Ludington, MI Quadplexes for Sale

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Downtown Restaurant and Rental Property
Updated: Apr 17
Downtown Restaurant and Rental Property

121 & 125 S James Street, Ludington, MI 49431

$899,000
8,208 sqft 0.11 AC lot
Downtown Ludington restaurant and rental property on two parcels: 121 & 125 S. James St
Roof rubber; brick construction with forced‑air heat and central air
Restaurant includes multiple service areas plus rooftop patio with wet bar, kitchen space, restrooms, and open‑air/covered seating
Lower level features roll‑up garage door access to an outdoor patio along James Street for seasonal service or private events
On‑site income units: 1 two‑bedroom and 2 one‑bedroom rental apartments
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Ludington Multifamily Investment Opportunity
Updated: Aug 12, 2025
Ludington Multifamily Investment Opportunity

210 N Lavinia Street, Ludington, MI 49431

$450,000
0.39 AC lot
Four occupied rental units with leases in place: two 2‑bedroom units and two 1‑bedroom units
Separate electric and gas meters for all units; tenants pay their own utilities while owner pays water/sewer
Common on‑site laundry room with coin‑operated machines
Double lot home built in 1890 with vinyl siding and forced‑air heating
Composition roof reported as 12 years old, plus some replacement windows
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Ludington Multifamily Investment Opportunity
Ludington Multifamily Investment Opportunity

210 N Lavinia St, Ludington, MI 49431

$450,000
0.39 AC lot

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ludington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Unit Apartment Building
Four-Unit Apartment Building

3419 SAYER Avenue, Two Rivers, WI 54241

$435,000
3,456 sqft

Well-maintained four-unit building with all units occupied, each offering two bedrooms and off-street parking.

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Riverfront Development Land
Riverfront Development Land

1609 16th St, Two Rivers, WI 54241

$299,900
1.18 AC lot

PUD-zoned riverfront parcel with direct river access, private well, and room for up to seven docks.

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Remodeled 4-Unit Residential Property
Remodeled 4-Unit Residential Property

1223 Terrace Street, Muskegon, MI 49442

$375,000
0.20 AC lot

Four-unit multifamily building with recent unit remodeling, a new roof in 2022, and a new boiler in 2023.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

1223 Terrace Street, Muskegon, MI 49442

Contact for pricing
4,000 sqft

Four renovated units with recent roof and boiler updates, including a vacant 1BR for straightforward showings.

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Ludington, MI Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Ludington, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,208 square feet of properties for sale, with an estimated market value of $1,799,000.

Sale prices for four-unit buildings in Ludington, MI start at $450,000, averaging $599,666, and reaching up to $899,000 — 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

Commercial property segments ranked by active listings on the market

Duplexes 8
Short term rental properties 4
Quadplexes 3
Mobile home & RV parks 2
Apartment buildings 1

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 average listing prices of real estate assets

Neighborhood Average Price
49431 $599.7K

Listings Trend

New vs delisted commercial listings in Mason County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Mason County

Retail

Property Size Breakdown

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

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