$75,000
SOLD DEC 2, 2025

709 N 3rd St Ishpeming, MI 49849

3 Beds
2 Baths
1,512 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

38% Below List Price

110 Days on Market

Highlights

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

About This Home

As of December 2025

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.

Last Agent to Sell the Property

Bradley Argall

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

RE/MAX 1ST REALTY

Last Buyer's Agent

Benjamin Argall

NEXTHOME SUPERIOR LIVING License #UPAR-6502430986

NEXTHOME SUPERIOR LIVING

Property Details

Home Type

  • Multi-Family

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

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

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

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Dec 1, 2025
Sold by
Luna Roan
Bought by
Lambert Cassandra
Seller's Agent
Bradley Argall
RE/MAX 1ST REALTY
Buyer's Agent
Benjamin Argall
NEXTHOME SUPERIOR LIVING
List Price
$120,000
Sold Price
$75,000
Premium/Discount to List
-$45,000
-37.5%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2479.19%
Original Mortgage
$61,197
Outstanding Balance
$61,197
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Estimated Equity
$46,035

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 5, 2024
Sold by
St John Clara A and St John William Clare
Bought by
Luna Roan
Seller's Agent
ALEX LEDFORD
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Bradley Argall
RE/MAX 1ST REALTY
List Price
$100,000
Sold Price
$78,000
Premium/Discount to List
-$22,000
-22%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.03%
Original Mortgage
$58,500
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1992
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

Date Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Warranty Deed $78,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $61,197 Credit Line Revolving
Previous Owner $58,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 Sold $75,000 0.0% $50 / Sq Ft
11/29/2025 11/29/25 Off Market $75,000 -- --
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 View Prior Sale
11/10/2023 11/10/23 For Sale $100,000 -- $66 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

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 $2,122 $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

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50176586

Upper Peninsula Association of REALTORS®

APN: 52-51-203-001-00