312 S 3rd Street Ishpeming, MI $ 229,000
312 S 3rd Street
$ 229,000
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312 S 3rd Street

Ishpeming, MI, 49849
$ 229,000
Bedrooms3 Baths2.0 Sq 1,850

Monthly Estimate*

$ 1,429

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Multi-Family Home for sale in Ishpeming, MI

for $229,000 with 3 bedrooms and 2 full baths. This 1,850 square foot home was built in 1885 on a lot size of 0.11.

Extensively Renovated Duplex – Ideal Turn-Key Investment Opportunity! Recently and extensively updated, this duplex is currently operating as a successful short-term rental. Nearly every aspect has been remodeled, making it truly move-in ready. Bathrooms: Both units feature fully remodeled bathrooms, including walk-in tile showers with rain heads in both units. Kitchens: The lower unit boasts a fully remodeled kitchen; both units include new appliances. Laundry: Two complete sets of washers and dryers included. Major Updates: Entire new roof (Northern Awning & Window, 2023). Blow-in attic insulation (K2, 2023). All new windows, doors, and vinyl siding. New trim and interior doors. Refinished hardwood floors in both units. New electrical system with three separate panels (upper, lower, common). New plumbing and a second hot water heater. Interior Features: New ceiling fans, lighting, and fixtures throughout. Interior renovations were completed in 2022–23 by Pete Meldrum of HGTV Battle on the Beach Season 3. Additional Highlights: All furnishings negotiable and may be included in the sale of the property. Perfect for owner-occupancy, long-term tenants, or turnkey short-term rental use. Property is owned by Michigan Realtors.

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Multi-Family Active

Price

$ 229,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,696

Style

Lot Size

0.11

Year Built

1885

Town/City

Ishpeming

County/Region

Marquette

MLS | Web ID

50188656

Features
General
Heating Boiler Radiator
Cooling Ceiling Fan(s)
Possession At Close
Water Public Water Public Water at Street
Appliances Dishwasher Dryer Range/Oven Refrigerator Washer
Status Active Keep Showing-Contgcy Appl
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1885
Parking 3 or More Spaces
Subdivision CLEVELAND IRON MINING COS ADD MI
Water Heater Gas
County Marquette
Class MULTIFAMILY
Type Multi-Family
Ownership LLC
Municipality Ishpeming
Electric 100 Amp Service
Zoning Residential
Sale/Rent For Sale
Status Detail 1
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected Water Available Water Connected
Structure Style 2 Story
Area Ishpeming (52013)
Primary City Ishpeming
Directions US 41 West to Lakeshore in Ishpeming follow to Division turn left and follow to south third turn right first house on the right
City Ishpeming
School District Ishpeming Public School District
Financial Terms Cash Conventional
Legal Description CLEVELAND IRON MINING CO'S ADDITION LOT 107
DOM 78
Postal Code 49849
Price Per Sq Ft Total AG 123.78
Public Remarks Extensively Renovated Duplex – Ideal Turn-Key Investment Opportunity! Recently and extensively updated
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Interior
Basement MI Basement
Beds 3
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Vinyl Siding
Exterior Amenities Porch Sidewalks Street Lights
Lot Size Area 0.11
Lot Dimensions 50 x 100
Water Features None
Roads Alley City/County Curbed Paved Street Year Round
Waterfront Y/N No
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* Excluded Features
List By
MELANIE OLIVER

Listing Agent

Nexthome Superior Living

Broker

Melanie@NextHomeSL.com

Email

Affordability Calculator

$1,570
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,429
Monthly Property Taxes
$141
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2371702 Elementary School
2371704 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2025$229,000 -4.18% Price Down
9/16/2025$239,000 Listed Price

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312 S 3rd Street, Ishpeming, MI, 49849 is a Multi-Family Home for sale at $229,000 with 1,850 sqft and a lot size of 0.11. 312 S 3rd Street has 3 bedrooms, 2.0 baths, and was built in 1885. The property's zip code is 49849 which is in Ishpeming, MI