$220,000
SOLD MAR 20, 2025

801 N 3rd St Ishpeming, MI 49849

8 Beds
4 Baths
3,360 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Baseboard Heating
  • Porch

About This Home

As of March 2025

Looking for a solid investment property in Ishpeming? This well-maintained four-unit apartment building offers a fantastic opportunity for both seasoned and new investors. Many updates have been completed on the exterior including a newer roof, vinyl siding, several windows and the parking area has been filled and leveled. Updates to the units include paint, flooring and new finishes to kitchens and baths. Each of the four units features two bedrooms, one bathroom, and updated electrical panel, along with a desirable enclosed porch area for added living/storage space. Tenants will appreciate the convenience of off-street parking, and the on-site coin-operated laundry provides an additional revenue stream for the owner.

Last Agent to Sell the Property

CRYSTAL BARR BERGLUND

KELLER WILLIAMS NORTHERN MICHIGAN License #UPAR-6502388666 Listed on: 02/19/2025

KELLER WILLIAMS NORTHERN MICHIGAN

Last Buyer's Agent

Dawn Florio

RE/MAX 1ST REALTY License #UPAR-6501377601

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1891

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100x67
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Separate Meters

Community Details

  • 4 Units
  • Cleveland Iron Mining Cos 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-302-029-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21

Year Built

Built in 1891

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: Conventional Frame
  • Year Built: 1891
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full, Stone
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 3360

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Sideof Street: W
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Off Street
  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-51-302-029-00
  • Location: Corner Lot
  • Lot Dimensions: 100x67
  • Acreage: 0.15
  • Lot Description: Platted
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Snow Removal, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,066.00
  • Winter Tax: Year: 2023, Amount: $1,842.00
  • Total Tax: Year: 2023, Amount: $3,908.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 20, 2025
Sold by
Windhorse Properties Llc
Bought by
Bml Rentals Llc
Seller's Agent
CRYSTAL BARR BERGLUND
KELLER WILLIAMS NORTHERN MICHIGAN
Buyer's Agent
Dawn Florio
RE/MAX 1ST REALTY
List Price
$220,000
Sold Price
$220,000
Total Days on Market
6
Views
8
Current Estimated Value
$215,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,198
Avg. Annual Appreciation
-6.65%
Original Mortgage
$176,000
Outstanding Balance
$176,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$39,802

Purchase Details

Closed on
Apr 8, 2021
Sold by
Carole Enstrom
Bought by
Windhorse Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2021
Sold by
Bimel Britton D
Bought by
Enstrom Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 10, 2020
Sold by
Bimel Britton D
Bought by
Enstrom Carole
Seller's Agent
John Demay
EXP REALTY OF MARQUETTE
Buyer's Agent
CRYSTAL BARR BERGLUND
KELLER WILLIAMS NORTHERN MICHIGAN
List Price
$129,000
Sold Price
$80,000
Premium/Discount to List
-$49,000
-37.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.05%

Purchase Details

Listed on
Jan 27, 2015
Closed on
Aug 28, 2015
Bought by
Bimel Britton
Seller's Agent
Fran Sevegney
RE/MAX 1ST REALTY
Buyer's Agent
Cheryl Jackson
RE/MAX 1ST REALTY
List Price
$94,000
Sold Price
$75,000
Premium/Discount to List
-$19,000
-20.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Source: Public Records

Range of Values:

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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 $220,000 Transnation Title Agency
Quit Claim Deed -- --
Deed -- Transnation Title Agency
Warranty Deed $80,000 Bensinger Cotant & Menkes Pc
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 New Conventional
Previous Owner $122,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $220,000 0.0% $65 / Sq Ft
02/19/2025 02/19/25 For Sale $220,000 +175.0% $65 / Sq Ft
07/10/2020 07/10/20 Sold $80,000 -38.0% $18 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $129,000 +72.0% $29 / Sq Ft
08/28/2015 08/28/15 Sold $75,000 -20.2% $17 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $94,000 -- $22 / 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
2024 $21 $59,850 $0 $0
2023 $475 $54,350 $0 $0
2022 $2,885 $68,100 $0 $0
2021 $2,885 $44,850 $0 $0
2020 $3,927 $68,100 $0 $0
2019 $3,859 $66,850 $0 $0
2018 $3,752 $58,800 $0 $0
2017 $3,702 $58,300 $0 $0
2016 $3,834 $60,600 $0 $0
2015 -- $60,600 $0 $0
2014 -- $54,950 $0 $0
2012 -- $54,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50166878

Upper Peninsula Association of REALTORS®

APN: 52-51-302-029-00