Ludington, MI Residential income properties for sale

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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Updated: Jul 20

Single-Family Farmhouse on Acreage

4919 North Victory Corner Road, Ludington, MI 49431

$369,000

2,450 sqft 36.97 AC lot

1953‑built farmhouse with 2,450 SF of living space
36.97 acres total across 3 parcels combined
Two outbuildings on the property
Former pond site; potential for recreation (permit required)
Farmland included in a handshake lease with a neighbor

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Well-Maintained Duplex Income Property

602 Fifth Street, Ludington, MI 49431

$250,000

0.19 AC lot

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

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Duplex with Shared Utilities

6105 Grace Avenue, Ludington, MI 49431

$339,000

690 sqft

Two rental units under one tax ID share a well and septic, with separate carport and patio areas.

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Shared Well and Septic Duplex

6105 N Grace Avenue, Ludington, MI 49431

$339,000

0.40 AC lot

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

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Duplex with Two Updated Units

504 E Dowland Street, Ludington, MI 49431

$325,000

0.08 AC lot

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

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Two-Unit Residential Income Property

208 S Washington Avenue, Ludington, MI 49431

$194,900

0.17 AC lot

Well maintained duplex with two one-bedroom units, a shared backyard, and alley access for three off-street parking spaces.

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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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Ludington Multifamily Investment Opportunity

210 N Lavinia Street, Ludington, MI 49431

$450,000

0.39 AC lot

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

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Ludington Multifamily Property For Sale

604 E Filer Street, Ludington, MI 49431

$199,900

0.19 AC lot

Multifamily property with income potential near downtown Ludington, Michigan.

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Harbor Terrace Condo with Lake Views

105 W Danaher Street 401, Ludington, MI 49431

$850,000

1,970 sqft

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

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Ludington Multifamily Near Marina

706 W Loomis Street, Ludington, MI 49431

$438,000

0.19 AC lot

Two-unit property near the beach and downtown Ludington.

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Downtown Restaurant and Rental Property

121 & 125 S James Street, Ludington, MI 49431

$899,000

Turnkey restaurant and bar plus three rental apartments on two parcels in downtown Ludington.

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Duplex With Updated Units

504 E Dowland St, Ludington, MI 49431

$325,000

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

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Residential Income Property Near Downtown

604 E Filer St, Ludington, MI 49431

$199,900

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

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Mixed-Use Property in Diverse Corridor

309 S James St, Ludington, MI 49431

$185,000

0.08 AC lot

Mixed-use property suitable for retail or residential development.

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Boutique Hotel with 6 Units

710 West Ludington Avenue, Ludington, MI 49431

$1,900,000

Boutique hotel offering six Airbnb units, including one house, with multiple renovated deck and seating areas.

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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 Residential Income Properties Market Trends and Statistics

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 13,318 square feet of properties for sale, with an estimated market value of $9,040,700.

Sale prices for residential income properties in Ludington, MI start at $185,000, averaging $502,261, and reaching up to $1,900,000 — 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	$386.3K

Neighborhood

Average Price

49431

$386.3K