317/319 S Third Street
Ishpeming, MI, 49849 $ 249,900
Bedrooms4 Baths3.1 Sq 2,016 Monthly Estimate*
$ 1,578
for $249,900 with 4 bedrooms and 3 full baths, 1 half bath. This 2,016 square foot home was built in 1895 on a lot size of 0.21.
Fantastic Investment Opportunity with Proven Rental History! This updated, side-by-side duplex offers an excellent opportunity for investors, owner-occupants, or anyone looking for a versatile income-producing property. With a history of both long-term rentals and previous Airbnb use, two spacious units, a large yard, garage, and abundant storage, this property offers plenty of possibilities. The south unit features two bedrooms, including one with a walk-in closet and private bathroom. The main level offers a comfortable sitting area and inviting eat-in kitchen, creating a functional and welcoming layout. The north unit offers a similar floor plan with two bedrooms, including one with a walk-in closet, along with a private bathroom, sitting room, living room, and eat-in kitchen. Both units provide comfortable living spaces with plenty of room to make your own and both units have washer/dryer hookups. The shared basement provides, additional storage, and a quarter bath. Updates include forced-air heating and central air conditioning throughout. Electrical service is separately metered for each unit, while water and natural gas are on shared meters. Outside, you'll appreciate the large yard, two-car garage, additional storage shed, and enclosed front porchâproviding plenty of outdoor space and storage. This home has an established rental history, including previous Airbnb use, this duplex is a great opportunity to expand your investment portfolio or live in one side while generating income from the other.
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FeaturesGeneralHeating Forced Air
Cooling Central A/C
Possession Subject To Tenant Rights
Garage Detached Garage
Zoning GR - General Residential Residential
Water Public Water
Appliances Dishwasher Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 1895
Parking Garage On Street
Subdivision None
Water Heater Gas
Style Conventional Frame
County Marquette
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Ishpeming
Sale/Rent For Sale
Status Detail 0
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Structure Style 2 Story
Area Ishpeming (52013)
Location Rural Walk to School
Directions US 41 roundabout to N Second Roundabout to Third Left onto Pearl Right onto fourth Right onto Division Left onto Third Home on the left
City Ishpeming
School District Ishpeming Public School District
Financial Terms Cash Conventional
Legal Description Cleveland Iron Mining Co's Addition Lot 111 110 and half of lot 109 & 108.
DOM 0
Price Per Sq Ft Total AG 123.96
Public Remarks Fantastic Investment Opportunity with Proven Rental History! This updated side-by-side duplex offers an excellent opportunity for investors owner-occupants
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InteriorBasement Full
Beds 4
Fireplace? No
Total Number of Units 2
Bath Descriptions Basement Bath Lav/Half First Flr Bath Lav/Half
Dining/Kitchen Eat-In Kitchen
Fuel Type Natural Gas
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ExteriorExterior Vinyl Siding
Exterior Amenities Porch Street Lights
Lot Size Area 0.21
Lot Dimensions 120x100x60x50x60
Water Features None
Roads City/County Paved Street Year Round
Waterfront Y/N No
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* Excluded FeaturesList ByGINA FELTNER BOUWSListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,578
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Ishpeming, MI
Average List Price $206,950
Percent of Sale Price 17%
About Ishpeming, MI 6,205 Population
-7% Since 2002
$ 39,071 Median Income
40.78 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2371702 Elementary School
2371704 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $249,900 | | Listed Price |