$80,000
$40K PRICE DROP

709 N 3rd St Ishpeming, MI 49849

Estimated payment $427/month

Total Views 10,660
3 Beds
2 Baths
1,512 Sq Ft
$53 Price per Sq Ft

Highlights

  • Property is near schools
  • Forced Air Heating System
  • Private Entrance

About This Home

Great investment opportunity. This two unit duplex is located right in the middle of the City of Ishpeming. Both units are occupied, with a combined rental income of $1550 per month. The downstairs unit is a one bedroom, one bath unit and the upstairs unit is a two bedroom, one bath unit. Check this property out today.

Listing Agent

Bradley Argall

RE/MAX 1ST REALTY License #UPAR-6501400975 Listed on: 05/29/2025

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11

Year Built

  • Built in 1885

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 55x55
  • Private Entrance

Parking

  • 2 Car Parking Spaces

Home Design

  • Asphalt

Interior Spaces

  • 2-Story Property
  • Basement
  • Stone Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near schools

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units
  • Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-52-203-001-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11

Year Built

Built in 1885

Lot Details

0

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
  • Styles: Other
  • Flood Insurance: Not Required
  • Year Built: 1885
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Outside Entrance, Stone
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Cubicasa
  • Estimated Sq Ft: 1512

Exterior Features

  • Construction: Asphalt
  • Frontage: 55
  • Foundation Type: Basement
  • Roads: Access, City/County, Curbed, Paved Street, Year Round

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights, Private Entry

Lot Info

  • Assessor Parcel Number: 52-52-203-001-00
  • Location: Walk To School
  • Lot Dimensions: 55x55
  • Acreage: 0.05
  • Lot Description: Platted, Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Taxable Value: 25742
  • SEV Year: 2024

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11 $51,250 $0 $0
2024 $11 $49,850 $0 $0
2023 $245 $39,750 $0 $0
2022 $1,490 $32,750 $0 $0
2021 $1,454 $34,200 $0 $0
2020 $1,427 $32,750 $0 $0
2019 $1,402 $29,800 $0 $0
2018 $1,363 $30,000 $0 $0
2017 $1,329 $29,950 $0 $0
2016 $1,294 $27,150 $0 $0
2015 -- $27,150 $0 $0
2014 -- $28,400 $0 $0
2012 -- $29,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $80,000 -19.9% $53 / Sq Ft
07/21/2025 07/21/25 Price Changed $99,900 -9.1% $66 / Sq Ft
07/01/2025 07/01/25 Price Changed $109,900 -8.4% $73 / Sq Ft
05/29/2025 05/29/25 For Sale $120,000 +53.8% $79 / Sq Ft
01/05/2024 01/05/24 Sold $78,000 -22.0% $52 / Sq Ft
11/10/2023 11/10/23 For Sale $100,000 -- $66 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $78,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,500 New Conventional
Source: Public Records

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50176586

Upper Peninsula Association of REALTORS®

APN: 52-51-203-001-00