Triplex

Ludington, MI Triplexes for Sale

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Three-Unit Rental Property
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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Renovated Short-Term Rental Property
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
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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Furnished Short-Term Rental Suites
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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Three-Unit Rental Property
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

Downtown Three-Unit Triplex
Downtown Three-Unit Triplex

143 S Benzie Boulevard, Beulah, MI 49617

$549,000
2,195 sqft 0.11 AC lot

Two units operate as furnished Airbnb rentals, while the lower-level apartment is leased long term.

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Short-Term Rental Triplex
Short-Term Rental Triplex

Beulah, MI 49617

$549,000
1,054 sqft

Three-unit triplex with two furnished short-term rentals and a shared laundry area with two washers and dryers.

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Renovated Triplex with Unit Mix
Renovated Triplex with Unit Mix

812 Forest Avenue, Frankfort, MI 49635

$485,000
2,035 sqft 0.17 AC lot

Three private-entry apartments were renovated in 2023 with full kitchens, laundry equipment, and air conditioning in every unit.

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Renovated Triplex with Private Entrances
Renovated Triplex with Private Entrances

812 Forest Ave, Frankfort, MI 49635

$485,000

Completely renovated triplex with three separate units, each with modern appliances and private entrances.

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Ludington, MI Triplexes Market Trends and Statistics

Explore 5 triplexes for sale in Ludington, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,609 square feet of properties for sale, with an estimated market value of $2,887,000.

Sale prices for three-family homes in Ludington, MI start at $529,000, averaging $577,400, and reaching up to $650,000 — 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 6
Triplexes 5
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 $577.4K

Listings Trend

New vs delisted commercial listings in Mason County

New Delisted

Total CRE Inventory on Market (SF)

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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