$399,000

724 E Ludington Ave Ludington, MI 49431

Estimated payment $2,660/month

Total Views 17,360
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 3 Fireplaces
  • Corner Lot: Yes
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-

About This Home

4 unit multi-family apartment in the heart of the City of Ludington on a lot and a half. 2 units in the main house, and 2 smaller ''cottages'' are separate. Apartment A is main house, main level with 3 bed, 1 bath and approx 1540 sq ft. and use of the basement for storage and laundry. Apt B is upstairs, main house with 2 bed, 1 bath. Apt C is the larger cottage with 2 bed, 1 bath and 960 sq ft. Apt D is the smaller cottage with 391 sq ft and 1 bed, 1 bath. No Short Term Rentals on this property. Showings on Mondays from noon to 5 pm by appointment only.

Listing Agent

Mary Jo Pung

Greenridge Realty S Rath License #6502373040 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,028

Year Built

  • Built in 1898

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90x140
  • Corner Lot: Yes

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3 Fireplaces

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,028

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1898
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6027.93
  • Tax Info:Zoning3: R3a
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Lot Description:Corner Lot: Yes
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Laundry Features In Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: 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

  • Fireplaces: 3
  • Basement: Partial, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 399000.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Gravel
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 90x140
  • Lot Size Sq Ft: 12632.0
  • Zoning Description: R3a

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 6027.93
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,028 $154,200 $154,200 $0
2024 -- $152,400 $152,400 $0
2023 -- $126,900 $126,900 $0
2022 -- $106,800 $0 $0
2021 -- $100,800 $0 $0
2020 $8,792 $95,600 $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $399,000 +42.5% --
01/22/2024 01/22/24 Sold $280,000 -5.4% --
10/06/2023 10/06/23 Price Changed $295,900 -4.5% --
08/24/2023 08/24/23 For Sale $310,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 Chicago Title Of Michigan
Warranty Deed $140,000 None Available
Quit Claim Deed -- --
Deed $140,000 --
Quit Claim Deed -- --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25028983

Southwestern Michigan Association of REALTORS®

APN: 051-227-001-00