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$250,000
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Property 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. Both units are currently leased to long-term tenants, with 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, a common-area entrance, and a convenient location in the City of Ludington. Please note: some photos have been digitally edited to remove furnishings. Units are fully occupied48-hour notice required for all showings.
Full Property Details
Full Property Details for 602 5th St
General
- Price: $250,000
- Taxes: $1,940
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25040352
- Updated: 10/11/2025
- Added to Site: 160 day(s) ago
Rooms
Other Rooms
- Laundry: In Basement
Parking
- Total Spaces: 4
- Parking Features: Driveway, Gravel
Location
- Area: MasonOceanaManistee - O
- County: Mason
- Cross Streets: Lincoln
- Driving Directions: Ludington Ave to Washington Ave, South to Fifth St, East to the property
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Utility Description: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,400
- Lot Dimensions: 60 x 140
- Frontage: Paved
- Lot Features: Level, Sidewalk, Corner Lot
- Zoning: 401
Financial Considerations
- Tax Amount: $1,940
- Terms: Cash, Conventional
- Landlord Pays: Water, Sewer
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: ADDITION NO. 2 LOT 5 BLOCK 112
- Property ID: 53-051-432-005-00
Listed by Greenridge Realty S Rath, Debby Stevenson
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Schools
Schools serving 602 5th St
School District:Ludington Area School District
| Name | Grades | Distance |
|---|---|---|
Lakeview Elementary School, Ludington, MI 502 West Haight Street, Ludington, MI 49431 | K-2 | 1.6 mi |
Ludington Elementary School 5771 West Bryant Road, Ludington, MI 49431 | 3-5 | 1.9 mi |
O.J. DeJonge Middle School 706 East Tinkham Avenue, Ludington, MI 49431 | 6-8 | 1.4 mi |
Ludington High School 508 North Washington Avenue, Ludington, MI 49431 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 602 5th St
Date
Details
Price
Change
Source
8/10/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 602 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,941
—
$64,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 602 5th St
602 Fifth Street, Ludington, MI 49431 (MLS# 25040352) is a Single Family property with 0 bedrooms and 0 full bathrooms. 602 Fifth Street is currently listed for $250,000 and was received on August 10, 2025. Want to learn more about 602 Fifth Street? Do you have questions about finding other Single Family real estate for sale in Ludington? You can browse all Ludington real estate or contact a Coldwell Banker agent to request more information.

