$500,000
Ludington, MI 49431
MLS# 25041102
1 / 49
Property Description
Investment Opportunity. 14.6 acres with Multiple Rental Units & Pole Barn This versatile income-producing property features two residential buildings with a total of five rental units (with potential for a sixth) plus a large pole barn, all situated on 14.6 acres in a prime central location. Building 1 offers two spacious 4-bedroom, 2-bath units, each with walkout lower levels and laundry areas. Building 2 includes four units—three completed 2-bedroom, 1-bath units and one undeveloped unit ready for your vision. Each unit is separately metered, allowing tenants to pay their own utilities. One well and one septic system for all units, ensuring low maintenance costs and operational efficiency. With steady rental income from leases already in place, this property is perfect for
Details
Maps
Documents
Location & Property Info
Cross Streets: N Stiles Rd
Property Sub-Type: 5+ Units
Area: MasonOceanaManistee - O
Municipality: Victory Twp
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: Irr
Financial Available: Yes
Road Frontage: 813
Waterfront: No
Basement: Yes
Total # Units: 6
# of Diff Unit Floor Plans: 2
Total # Bldgs: 3
Total Parking Spaces: 10
School District: Mason Cnty Central
Lot Measurement: Acres
Lot Square Footage: 631620
Lot Acres: 14.5
Year Built: 1985
Tax Info
Taxable Value: 90957
SEV: 165200
For Tax Year: 2025
Seller's Annual Property Tax: 3892
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None
Zoning: 401
Tax ID #: 53-015-034-007-00
Remarks & Misc
Public Remarks: Investment Opportunity. 14.6 acres with Multiple Rental Units & Pole Barn
This versatile income-producing property features two residential buildings with a total of five rental units (with potential for a sixth) plus a large pole barn, all situated on 14.6 acres in a prime central location.
Building 1 offers two spacious 4-bedroom, 2-bath units, each with walkout lower levels and laundry areas.
Building 2 includes four units—three completed 2-bedroom, 1-bath units and one undeveloped unit ready for your vision.
Each unit is separately metered, allowing tenants to pay their own utilities. One well and one septic system for all units, ensuring low maintenance costs and operational efficiency.
With steady rental income from leases already in place, this property is perfect for
Legal: X85SPLIT 80 PT 034 010 00 NEW 80 SPLIT 1991PARCEL 1 - PART OF NW 1/4 OF NE 1/4 DESCAS COMM S 89 DEG 02'E 527 FT ALG N LINE OF SEC FROM N 1/4 COR, TH S 89 DEG 02'E 820.82 FT ALG N LINE OF SEC TO E 1/16 LINE, TH N 89 DEG 02'W 264 FT, TH N 00 DEG 24'19'W 330 FT, TH N 89 DEG 02'W 567.25 FT, TH N 00 DEG 30'E 660 FT TO POB. SEC 34 T19N R17W 14.5 A M/L E APT HOUSE-1893 W SUGAR GROVE RD
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Propane: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
In Basement: 1
Laundry Room: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Propane: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Gravel: 1
Shared Unpaved: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
None: 1
Unit 1
Unit #: 1907
Unit Description: rental
Occupied: Yes
Monthly Rent: 895
Bedrooms: 4
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 1909
Unit Description: rental
Occupied: Yes
Monthly Rent: 845
Bedrooms: 4
Bathrooms: 2
Full Baths: 2
Unit 3
Unit #: 1903
Unit Description: rental
Occupied: Yes
Monthly Rent: 745
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 1901
Unit Description: rental
Occupied: Yes
Monthly Rent: 795
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 5
Unit #: 1905
Unit Description: rental
Occupied: No
Monthly Rent: 895
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: rental
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Mason
Street #: 1907
Street Name: W Sugar Grove Rd
State: MI
Zip Code: 49431
OfficeContract Info
Status: Active
Current Price: $500,000
List Price: $500,000
Listing Date: 2025-08-14
Remarks Misc
Directions: US 10 to Stiles Rd, North to Sugar Grove, East to the property
Property Features
Laundry Features: In Basement; Laundry Room
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Septic Tank
Water: Well
Utilities Attached: Cable Connected; Electricity Connected; Propane
Util Avail at Street: None
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: None
Tenant Pays: Electric; Gas
Heat Source: Propane
Heat Type: Forced Air
Driveway: Gravel; Shared Unpaved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Supplements
The large pole barn provides additional storage or income potential.
Located across the street from West Shore Community College and centrally positioned between Ludington, Scottville, and Manistee, this property offers convenient access to area amenities and a strong tenant pool.
Seller's Disclosure 
Listing Office: Greenridge Realty S Rath
Listing Agent: Debby Stevenson
Last Updated: March - 24 - 2026
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