805 N 5th St Ishpeming, MI 49849
Ishpeming AreaEstimated payment $1,377/month
Highlights
- Very Popular Property
- Corner Lot
- Shed
- Wood Flooring
- Fenced Yard
- Humidifier
About This Home
Incredible turnkey investment opportunity or house-hack potential in Ishpeming! This completely updated 2-unit home features a total of 5 bedrooms and 3 bathrooms, offering immediate cash flow or the perfect setup to live in one unit while renting out the other. Outside, you'll love the convenience of dedicated off-street parking for 4 vehicles and a fully fenced-in yard great for tenants or pet owners. The upstairs unit was fully renovated from top to bottom from 2023-2024 boasting a brand-new kitchen, stylish new bathroom, fresh drywall, modern lighting, and new flooring throughout. The primary bedroom features a massive newly installed 6’x6’ window that floods the space with natural light. The downstairs unit is equally impressive with all new interior doors, two new windows, and updated shower systems in both of its full bathrooms. Massive infrastructure upgrades give you ultimate peace of mind, including completely new electrical throughout the entire home, a smart thermostat update, and a brand-new main sewer line installed in December, 2025. With all the heavy lifting already done, this property is ready for its next owner to reap the rewards. Schedule your tour today! Seller is a licensed real estate agent in the state of Michigan. ALL OFFERS DUE BY FRI, SEP 18 AT NOON.
Listing Agent
COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6501470474 Listed on: 09/10/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1880
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 76x114
- Fenced Yard
- Corner Lot
- Cleared Lot
Parking
- 3 Car Parking Spaces
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Entryway
- Wood Flooring
- Basement
- Michigan Basement
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Shed
Utilities
- Humidifier
- Forced Air Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $2,650
Listing and Financial Details
- Assessor Parcel Number 52-51-303-498-00
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $3,659 | $76,550 | $0 | $0 |
| 2025 | $1,971 | $73,350 | $0 | $0 |
| 2024 | $19 | $72,200 | $0 | $0 |
| 2023 | $297 | $55,150 | $0 | $0 |
| 2022 | $1,394 | $43,900 | $0 | $0 |
| 2021 | $1,363 | $44,650 | $0 | $0 |
| 2020 | $1,335 | $43,900 | $0 | $0 |
| 2019 | $1,313 | $41,900 | $0 | $0 |
| 2018 | $1,275 | $36,350 | $0 | $0 |
| 2017 | $1,241 | $25,950 | $0 | $0 |
| 2016 | $1,202 | $25,350 | $0 | $0 |
| 2015 | -- | $25,350 | $0 | $0 |
| 2014 | -- | $24,650 | $0 | $0 |
| 2012 | -- | $24,850 | $0 | $0 |
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 |
|---|---|---|---|---|---|
| 09/10/2026 09/10/26 | For Sale | $189,900 | +67.6% | $83 / Sq Ft | |
| 03/24/2023 03/24/23 | Sold | $113,300 | -0.6% | $54 / Sq Ft | View Prior Sale |
| 02/07/2023 02/07/23 | For Sale | $114,000 | 0.0% | $54 / Sq Ft | |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- | |
| 11/23/2022 11/23/22 | Price Changed | $114,000 | -4.9% | $54 / Sq Ft | |
| 11/04/2022 11/04/22 | For Sale | $119,900 | -- | $57 / Sq Ft |
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $113,300 | -- | |
| Deed | $5,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $107,635 | New Conventional |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50221452
APN: 52-51-303-498-00
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Ask me questions while you tour the home.