$149,000
SOLD APR 20, 2026

635 N 5th St Ishpeming, MI 49849

6 Beds
2.5 Baths
2,621 Sq Ft
5,663 Sq Ft Lot Lot

Sale Details

Date Sold: April 20, 2026

$57 Per Sq Ft

10% Below List Price

214 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Hot Water Heating System

About This Home

As of April 2026

Opportunity knocks with this large side-by-side duplex located on a corner lot near downtown, the Iron Ore Heritage Trail, and ATV/snowmobile trails. Each unit offers 3 bedrooms—one side features 2 bathrooms and a sauna in the basement, while the other has 1 bathroom. Both units are very spacious and currently rent for $850/month plus utilities, with one long-term tenant in place. This property is perfect for investors or an owner-occupant looking to have the other unit help pay the mortgage. Recent updates include two new boilers, offering peace of mind on major mechanicals. While the home is functional and income-producing, it could use some TLC to maximize its potential. A 2-car garage adds to the appeal, and the location offers great convenience and lifestyle amenities. With solid bones and rental income in place, this is a value-add opportunity you won’t want to miss!

Last Agent to Sell the Property

Benjamin Argall

NEXTHOME SUPERIOR LIVING License #UPAR-6502430986 Listed on: 08/07/2025

NEXTHOME SUPERIOR LIVING

Last Buyer's Agent

Joshua Gielecki

GROVER REAL ESTATE-NEWBERRY License #UPAR-6501464418

GROVER REAL ESTATE-NEWBERRY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x117

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Cleveland Iron Mining Co's Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-207-009-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Source of Sq Ft: Cubicasa
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Porch
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, On Street

Utilities

  • Water: Public Water At Street
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-207-009-00
  • Lot Dimensions: 50x117
  • Acreage: 0.13
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Apr 20, 2026
Sold by
Bought by
Seller's Agent
Benjamin Argall
NEXTHOME SUPERIOR LIVING
Buyer's Agent
Joshua Gielecki
GROVER REAL ESTATE-NEWBERRY
List Price
$165,000
Sold Price
$149,000
Premium/Discount to List
-$16,000
-9.7%
Views
204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.54%
Original Mortgage
$119,200
Outstanding Balance
$119,200
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$46,421

Purchase Details

Listed on
May 19, 2021
Closed on
Jan 10, 2022
Sold by
Bought by
Seller's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
Buyer's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$95,861
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2003
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $149,000 Keweenaw Title Agency
Warranty Deed $118,000 Odea Nordeen And Pickens Pc
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $119,200 Credit Line Revolving
Previous Owner $95,861 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2026 04/20/26 Sold $149,000 -9.7% $57 / Sq Ft
01/13/2026 01/13/26 For Sale $165,000 +10.7% $63 / Sq Ft
12/31/2025 12/31/25 Off Market $149,000 -- --
10/13/2025 10/13/25 Price Changed $165,000 -10.8% $63 / Sq Ft
08/07/2025 08/07/25 For Sale $185,000 +56.8% $71 / Sq Ft
02/01/2022 02/01/22 Sold $118,000 -5.6% $41 / Sq Ft View Prior Sale
11/22/2021 11/22/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $125,000 -- $43 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,015 $87,500 $0 $0
2024 $29 $84,600 $0 $0
2023 $673 $67,250 $0 $0
2022 $3,400 $54,850 $0 $0
2021 $3,317 $57,350 $0 $0
2020 $3,254 $54,850 $0 $0
2019 $3,198 $49,900 $0 $0
2018 $3,383 $50,700 $0 $0
2017 $3,181 $50,600 $0 $0
2016 $3,097 $49,500 $0 $0
2015 -- $49,500 $0 $0
2014 -- $51,650 $0 $0
2012 -- $52,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50184469

Upper Peninsula Association of REALTORS®

APN: 52-51-207-009-00

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