For Sale
504 E Dowland Street, Ludington, MI 49431
$325,000
MLS # 26028128 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 18900.08 acres
1 / 38
Listing Description
Great investment opportunity in this duplex with upper and lower units. Both units have 3 bedrooms, 1 bath, and laundry hook-ups. The duplex has a new roof in 2024, siding and windows in 2025. The furnace for the lower unit and a space heater for the upper unit and both water tanks in 2023. The kitchens in both units have been updated in 2025 and the refrigerator upstairs was purchased in May of 2026. All of the other appliances are newer and stay with the units. Each of the units have been freshly painted making them rent ready. Make an appointment today to see the potential this duplex has in store for you!
Source: SparkMLS
About this home
Asking $325,000.
Estimated annual property tax: $1,624, or about $135 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.08 acres
Year Built1890
Location
CityLudington
MunicipalityLudington
Zip Code49431
CountyMason
School DistrictLudington
Construction & Systems
ConstructionVinyl Siding
BasementPartial
HeatingForced Air
UtilitiesCable Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed6/8/2026
Original Price$299,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,624
Tax Year2025
State Equalized Value$67,700
Taxable Value$27,174
Assessed Value$27,174
Parcel #051-320-083-20
Source: Public Records
Legal Description
ORIGINAL PLAT E 60 FT OF LOT 5 BLOCK 86.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Greg Vukovich
4 Seasons Real Estate
Frequently Asked Questions about 504 E Dowland Street, Ludington, MI 49431
Which school district serves 504 E Dowland Street, Ludington, MI 49431?
Per MLS# 26028128, 504 E Dowland Street, Ludington, MI 49431 is in the Ludington boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ludington directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26028128, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 504 E Dowland Street, Ludington, MI 49431?
Per public tax records, annual property taxes for this property are $1,624 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 504 E Dowland Street, Ludington, MI 49431 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 504 E Dowland Street, Ludington, MI 49431 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 504 E Dowland Street, Ludington, MI 49431?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Ludington police department or the Mason County sheriff's office.
Map
BETAMulti-Year Tax History
View SEV, Taxable Value, and uncapping difference for this parcel — Mason County public records.
Mortgage Calculator
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Monthly payment$2,108
Principal & interest$2,108
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
504 E Dowland Street, Ludington, MI 49431
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Municipality
Ludington
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