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.
Multi-familyProperty Type
1885Year Built
4,791 sq ftLot Size
$131Est. Price/Sq.Ft.
3 spacesParking
Listed by MELANIE OLIVER• NEXTHOME SUPERIOR LIVING
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.
Greater Lansing AoR #10072649
Mar 4, 2022
Sold
$43,000
$23/sq ft
Jan 3, 2022
Listed
$55,000
$30/sq ft
Right across the street from Ishpeming High School is an owner occupied duplex. The house is solid but needs some updating. Good parking in the front and rear of the house. This could be a great opportunity to be a landlord and have your mortgage paid for you at the same time. Both units are spacious and have hard wood floors. Currently upstairs unit is vacant and owner lives on lower level, Located down town this house is close to shopping, schools, and highway access. Call your agent today and make an appointment to walk through.
Year
Property tax
Land + Additions
Assessment*
2025
$1,712 (+2.8%)
2024
$1,665 (+101.3%)
2023
$827 (−26.8%)
2022
$1,131 (+2.5%)
2021
$1,103 (+1.1%)
2020
$1,091 (+0.7%)
2019
$1,083 (+43.0%)
2018
$757 (+2.6%)
2017
$738 (+2.8%)
2016
$718 (−0.1%)
2015
$719 (+1.4%)
2014
$709 (+29.4%)
2013
$548
Tax history for 312 S 3rd St
Year
Property tax
Land + Additions
Assessment*
2025
$1,712 (+2.8%)
2024
$1,665 (+101.3%)
2023
$827 (−26.8%)
2022
$1,131 (+2.5%)
2021
$1,103 (+1.1%)
2020
$1,091 (+0.7%)
2019
$1,083 (+43.0%)
2018
$757 (+2.6%)
2017
$738 (+2.8%)
2016
$718 (−0.1%)
2015
$719 (+1.4%)
2014
$709 (+29.4%)
2013
$548
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Exterior Features: Porch, Sidewalks, Street Lights
Foundation Type: Basement
Property Features
Water Features: None
Property Information
Property Type: Multi-Family
Property Type: Duplex
Structure Style: 2 Story
Year Built: 1885
Lot Information
Lot Size: 50,100
Zoning: Residential
Land Information
Acreage: 0.11
Roads: Curbed, Paved Street, Alley, Year Round, City/County
Financial
Tax/Assessments Information
Total Tax Amount: $1,696.67
Summer Tax Year: 2025
Summer Tax Amount: $1,100.56
Winter Tax Year: 2024
Winter Tax Amount: $596.11
Utilities
Utility Information
ELECTRIC: 100 Amp Service
UTILITIES: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Internet Spectrum
Separate Heat: No
Water Heater: Gas
Water: Public Water, Public Water At Street
Separate Electric
Cooling System: Ceiling Fan(S)
Fuel Type: Natural Gas
Heating System: Boiler, Radiator
Sewer Septic: Public Sanitary, Public At Street
Location
Homeowners Association Information
Community Amenities: Sidewalks
School Information
School District: Ishpeming Public School District
School District: Ishpeming Public School District
Address Information
Street Designation: Street
Location Details
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
Municipality Type: City
Municipality: Ishpeming
Mail City: Ishpeming
Subdivision: CLEVELAND IRON MINING COS ADD
Municipality: Ishpeming
Area (Municipality): Ishpheming (52013)
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,552
Stories: 1.75
Lot Size: 3,099 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1885
Year Renovated: —
County: Marquette County
APN: 52-51-300-107-00
Home facts updated by county records on Sep 14, 2026
Other
Listing Information
Originating MLS: Upper Peninsula Assoc of Realtor
Around this home
Schools
Ishpeming Middle School
Public 5-8 • Assigned • 0.1mi
6/10
Ishpeming High School
Public 9-12 • Assigned • 0.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 70-78% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ishpeming, MI • 49849
Average low and high temperatures (°F)
19
7
27
10
37
19
48
29
62
39
73
52
79
58
73
54
68
50
59
40
40
28
26
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2.5 hours in December, placing it below the
U.S. average for solar exposure.