$247,000
SOLD OCT 15, 2025

301 E Foster St Ludington, MI 49431

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

3% Above List Price

20 Days on Market

Highlights

  • Corner Lot: Yes
  • No HOA
  • High Speed Internet
  • Lakeview Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2025

301 Foster is a wonderful opportunity to start or add to an investment portfolio. Seller offering a one-year home warranty. Both sides have had long term reliable tenants. Each unit of this side by side duplex is 3 beds and 1 and a half baths along with a full basement. Out back you can find separate decks in the shared fenced in back yard. Get your showing set up quickly the seller is motivated to have this inherited duplex under new ownership.

Last Agent to Sell the Property

Jeff Bode

Bellabay Realty (SW) License #6501382707 Listed on: 08/22/2025

Bellabay Realty (SW)

Co-Listed By

Jody Bode

Bellabay Realty (SW) License #6501454986

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60x80
  • Corner Lot: Yes

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Ludington Elementary School
  • Ludington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,142

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 78.95
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60X80
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info Elementary School2: Ludington Elementary School
  • General Property Info High School: Ludington High School
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: 301 Foster is a wonderful opportunity to start or add to an investment portfolio. Seller offering a one-year home warranty. Both sides have had long term reliable tenants. Each unit of this side by side duplex is 3 beds and 1 and a half baths along with a full basement. Out back you can find separate decks in the shared fenced in back yard. Get your showing set up quickly the seller is motivated to have this inherited duplex under new ownership.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 240000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Electricity Connected

Schools

  • Elementary School: Ludington Elementary School
  • High School: Ludington High School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 60X80
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: RES

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3142.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2025
Closed on
Oct 15, 2025
Sold by
Painter Family Living Trust and Pickens Todd R
Bought by
Kortge Calvin
Seller's Agent
Jeff Bode
Bellabay Realty (SW)
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$240,000
Sold Price
$247,000
Premium/Discount to List
$7,000
2.92%
Views
51
Current Estimated Value
$227,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,229
Avg. Annual Appreciation
-23.67%
Original Mortgage
$234,650
Outstanding Balance
$234,650
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$6,879
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $247,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,650 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $247,000 +2.9% --
09/11/2025 09/11/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $240,000 -- --
Source: MichRIC

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,117 $88,700 $88,700 $0
2024 -- $82,100 $82,100 $0
2023 -- $73,800 $73,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Bode

    Seller's Agent in 2025

    Jeff Bode

    Bellabay Realty (SW)

    (616) 856-6442

    1 in this area

    171 Total Sales

    Jeff Bode
    Section Image
  • Jody Bode

    Seller Co-Listing Agent in 2025

    Jody Bode

    Bellabay Realty (SW)

    (231) 301-2101

    1 in this area

    71 Total Sales

    Jody Bode
    Section Image

  • O

    Buyer's Agent in 2025

    Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: MichRIC

MLS Number: 25042971

MichRIC

APN: 051-545-003-50

Michigan Mason County Ludington 49431

301 E Foster St, Ludington, MI

Sold

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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