NOT LISTED FOR SALE

405 E Danaher St Unit 2 Ludington, MI 49431

Estimated Value: $154,000 - $218,000

2 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: June 12, 2023

Last sale price $160,000

Est. 16% increase in value since last sale

Current estimated payment $1,245 / mo

31 Days on Market

About This Home

As of June 2023

Great opportunity for cash flowing investment property located in the heart of Ludington. Located a few blocks from down town Ludington and a couple miles beautiful Lake Michigan. Each unit is a 2 bedroom 1 bath and has a separate entrance to each rental. There are multiple parking spaces behind the home. The upstairs rental was renovated 2 years ago with new flooring and kitchen cabinets. The majority of the upstairs windows have been replaced. The down stairs unit has plenty of storage, washer & dryer hook up and the furnace was replaced in 2021. Utilities are separated except for water. Certificate of Compliance is current. Come and take a look; don't miss your chance for a great investment property!!

Last Agent to Sell the Property

Marla Zatarga

Five Star RE Ludington License #6501417351 Listed on: 04/03/2023

Five Star RE Ludington

Last Buyer's Agent

Laura Iles

LIGHTHOUSE REALTY-Ludington License #6501381353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x140

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,803

Year Built

Built in 1915

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 97.53
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Substructure:Crawl Space: Yes
  • Driveway:Shared Unpaved: Yes
  • Heat Type:Space Heater: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 169900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 45x140
  • Lot Size Sq Ft: 6098.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1803.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 12, 2023
Sold by
Mmc Rentals Llc
Bought by
Hli Properties Llc
Seller's Agent
Marla Zatarga
Five Star RE Ludington
Buyer's Agent
Laura Iles
LIGHTHOUSE REALTY-Ludington
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
196
Current Estimated Value
$185,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,583
Avg. Annual Appreciation
5.32%
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 Buyer Sale Price Title Company
Hli Properties Llc $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hli Properties Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $160,000 -5.8% --
05/04/2023 05/04/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $169,900 -- --
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 $3,131 $56,700 $56,700 $0
2024 -- $52,600 $52,600 $0
2023 -- $47,100 $47,100 $0
2022 -- $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marla Zatarga

    Seller's Agent in 2023

    Marla Zatarga

    Five Star RE Ludington

    (231) 510-4002

    40 in this area

    122 Total Sales

    Marla Zatarga
    Section Image

  • L

    Buyer's Agent in 2023

    Laura Iles

    LIGHTHOUSE REALTY-Ludington

    (231) 907-0873

    7 in this area

    12 Total Sales

    Laura Iles
    Section Image
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Map

Source: MichRIC

MLS Number: 23009712

MichRIC

APN: 051-563-003-00

Michigan Mason County Ludington 49431

405 E Danaher St Unit 2, Ludington, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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