Ludington, MI Residential income properties for sale

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

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$339,000

0.40 Acres

Shared Well and Septic Duplex

6105 N Grace Avenue, Ludington, MI 49431

Two-residence duplex offering shared well and septic under one tax ID, with recent roof replacement and updated laundry systems.

Hamlin Lake‑Indian Pete Bayou views from two properties included in 1 Tax ID number and cannot be split
Shared well installed in 2005 and septic pumped 6‑10‑2026 (homes share these utilities)
6095: 1BR/1BA with an open floor plan
6105: 2BR/2BA with a full basement housing washer, dryer, furnace, and hot water heater
Interior details include knotty pine upstairs walls and hardwood floors, plus a brick fireplace in the living room

Updated: May 5

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$250,000

0.19 Acres

Well-Maintained Duplex Income Property

Two spacious 2-bedroom units with separate utility meters, paved off-street parking, and owner-paid water/sewer.

602 Fifth Street, Ludington, MI 49431

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$325,000

0.08 Acres

Duplex with Two Updated Units

Duplex offers two 3-bedroom, 1-bath homes with laundry hook-ups and multiple recent updates.

504 E Dowland Street, Ludington, MI 49431

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$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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Storefront Property with Mixed-Use Potential

$185,000

5,520 SF

Storefront Property with Mixed-Use Potential

Storefront building in a walkable retail corridor, positioned for restoration and future office or retail uses.

309 S James 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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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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$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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$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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$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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$199,900

Residential Income Property Near Downtown

Residential income property with long-term tenants near downtown Ludington.

604 E Filer St, Ludington, MI 49431

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$850,000

1,970 SF

Harbor Terrace Condo with Lake Views

Top-floor condo with lake views, modern finishes, and amenities.

105 W Danaher Street 401, Ludington, MI 49431

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$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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$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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$210,000

524 SF

Ludington Waterfront Studio Condo

Downtown Ludington condo with west-facing patio and waterfront views.

300 S Rath Avenue 17, Ludington, MI 49431

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$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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Ludington, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 18 residential income properties for sale in Ludington, MI, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 105,035 square feet of properties for sale, with an estimated market value of $3,047,900.

Sale prices for residential income properties in Ludington, MI start at $185,000, averaging $507,983, 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.

Neighborhood	Average Price
49431	$414.8K

Neighborhood

Average Price

49431

$414.8K