602 Fifth Street, Ludington, MI 49431 (MLS# 26027472)

602 Fifth Street, Ludington, MI 49431

New Listing
$250,000
Property Type: Multi Family Lot Size (sq. ft.): 8,400 Status: Active
Current Price: $250,000 List Date: 6/05/2026 Last Modified: 6/05/2026

Overview

Description

Multi-Family Income Property - Well-maintained duplex featuring two spacious units, each offering 2 bedrooms and 1 full bathroom. The lower unit includes a living room, dining room, large kitchen, basement access with laundry area, and additional storage. The upper unit offers a similar spacious layout with comfortable living areas, a nice-sized kitchen/dining area and roomy bedrooms. Property has a solid rental history, making this a strong investment opportunity. This home has vinyl siding, some replacement windows, and the roof is approximately 4 years old. Each unit has separate electric and gas meters and tenant pays their own utilities. Th owner pays water/sewer. The property features paved off-street parking and a common-area entrance.

Listing Details MLS# 26027472

Location Property Info

County
Mason
Street #
602
Street Name
Fifth
Suffix
Street
State
MI
Zip Code
49431

General Property Info

Lot Measurement
Acres
Lot Square Footage
8400
Lot Acres
0.19
Lot Dimensions
60 x 140
Year Built
1900
New Construction
No
Financial Available
Yes
Cert of Compliance
Yes
Road Frontage
200
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2072
Total Parking Spaces
4
Waterfront
No
School District
Ludington
Elementary School
Ludington Elementary School
Middle School
Oj Dejonge Middle School
High School
Ludington High School
Association YN
No
Basement
Yes

Tax Info

Tax ID #
53-051-432-005-00
Taxable Value
33630
SEV
64400
For Tax Year
2025
Seller's Annual Property Tax
1973.07
Tax Year
2025
Spec Assessment & Ty
Unknown
Zoning
401
Homestead %
0

Remarks Misc

Directions
Ludington Ave to Washington Ave, South to Fifth St, East to the property

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit #
Yes
Unit Description
Lower
Occupied
No
Monthly Rent
895
Bathrooms
Yes
Full Baths
Yes
Range Oven
Yes
Refrigerator
Yes
W/D Hookup
Yes
Washer/Dryer
Yes

Unit 2

Unit #
2
Unit Description
Upper
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Lincoln St
Property Sub-Type
2 to 4 Units
Municipality
Ludington
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
120.66

Remarks & Misc

Public Remarks
Multi-Family Income Property - Well-maintained duplex featuring two spacious units, each offering 2 bedrooms and 1 full bathroom. The lower unit includes a living room, dining room, large kitchen, basement access with laundry area, and additional storage. The upper unit offers a similar spacious layout with comfortable living areas, a nice-sized kitchen/dining area and roomy bedrooms. Property has a solid rental history, making this a strong investment opportunity. This home has vinyl siding, some replacement windows, and the roof is approximately 4 years old. Each unit has separate electric and gas meters and tenant pays their own utilities. Th owner pays water/sewer. The property features paved off-street parking and a common-area entrance.
Legal
ADDITION NO. 2 LOT 5 BLOCK 112

Lot Description

Corner Lot
Yes
Level
Yes
Sidewalk
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

None
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Unknown
Yes

Laundry Features

In Basement
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

None
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Driveway

Gravel
Yes

Substructure

Full
Yes
Michigan Basement
Yes

Extras

Sep Electric Meter
Yes
Sep Gas Meter
Yes

Owner Pays

Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full; Michigan Basement Lot Description: Corner Lot; Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Gravel Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 2: Range/Oven; Refrigerator
IDX
Listing Office: Greenridge Realty S Rath
Listing Agent: Debby Stevenson
Source MLS Verified
Last Updated: June - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Scroll to Top