312 S 3rd St Ishpeming, MI 49849
Estimated payment $1,289/month
About This Home
Extensively Renovated Duplex – Ideal Turn-Key Investment Opportunity! Recently and extensively updated, this duplex is currently operating as a successful short-term rental. Nearly every aspect has been remodeled, making it truly move-in ready. Bathrooms: Both units feature fully remodeled bathrooms, including walk-in tile showers with rain heads in both units. Kitchens: The lower unit boasts a fully remodeled kitchen; both units include new appliances. Laundry: Two complete sets of washers and dryers included. Major Updates: Entire new roof (Northern Awning & Window, 2023). Blow-in attic insulation (K2, 2023). All new windows, doors, and vinyl siding. New trim and interior doors. Refinished hardwood floors in both units. New electrical system with three separate panels (upper, lower, common). New plumbing and a second hot water heater. Interior Features: New ceiling fans, lighting, and fixtures throughout. Interior renovations were completed in 2022–23 by Pete Meldrum of HGTV Battle on the Beach Season 3. Additional Highlights: All furnishings negotiable and may be included in the sale of the property. Perfect for owner-occupancy, long-term tenants, or turnkey short-term rental use. Property is owned by Michigan Realtors.
Listing Agent
NEXTHOME SUPERIOR LIVING License #UPAR-6501449944 Listed on: 09/16/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1885
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
Parking
- 3 Car Parking Spaces
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Basement
- Michigan Basement
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Radiator
- Boiler Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 2 Units
- Cleveland Iron Mining Cos Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-51-300-107-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,101 | $31,200 | $0 | $0 |
| 2024 | $11 | $30,100 | $0 | $0 |
| 2023 | $246 | $24,550 | $0 | $0 |
| 2022 | $1,131 | $17,050 | $0 | $0 |
| 2021 | $1,103 | $17,150 | $0 | $0 |
| 2020 | $1,091 | $17,050 | $0 | $0 |
| 2019 | $1,083 | $16,900 | $0 | $0 |
| 2018 | $757 | $16,450 | $0 | $0 |
| 2017 | $738 | $16,500 | $0 | $0 |
| 2016 | $719 | $15,900 | $0 | $0 |
| 2015 | -- | $15,900 | $0 | $0 |
| 2014 | -- | $16,450 | $0 | $0 |
| 2012 | -- | $16,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $229,000 | -4.2% | $124 / Sq Ft | |
| 09/16/2025 09/16/25 | For Sale | $239,000 | +455.8% | $129 / Sq Ft | |
| 03/04/2022 03/04/22 | Sold | $43,000 | -21.8% | $23 / Sq Ft | View Prior Sale |
| 01/06/2022 01/06/22 | Pending | -- | -- | -- | |
| 01/03/2022 01/03/22 | For Sale | $55,000 | -- | $30 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $21,500 | Dominic F Andriacchi Pc |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50188656
APN: 52-51-300-107-00
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