Great investment opportunity! Upper and lower units produce a combined rent of $1,095.00 per month. The upper unit is a 1 bedroom 1 bath and the lower unit is a 2 bedroom 1 bath. The full basement has two laundry hookups and one washer and dryer set to be included. There is a spacious yard and a two car detached garage. This property has been certified with the City of Ishpeming's rental department. Both units are in nice condition. The fridge and stove on the second floor are included. Great rental history in a nice location.
Great investment opportunity! Upper and lower units produce a combined rent of $1,095.00 per month. The upper unit is a 1 bedroom 1 bath and the lower unit is a 2 bedroom 1 bath. The full basement has two laundry hookups and one washer and dryer set to be included. There is a spacious yard and a two car detached garage. This property has been certified with the City of Ishpeming's rental department. Both units are in nice condition. The fridge and stove on the second floor are included. Great rental history in a nice location.
Public Records
Mar 20, 2005
Sold
$55,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,850 (+2.7%)
2024
$1,801 (+44.6%)
2023
$1,245 (−22.5%)
2022
$1,607 (+0.1%)
2021
$1,604 (+1.9%)
2020
$1,574 (+1.7%)
2019
$1,547 (+2.9%)
2018
$1,504 (+2.6%)
2017
$1,466 (+2.7%)
2016
$1,427
2015
$1,428 (+1.3%)
2014
$1,409 (+5.9%)
2013
$1,330
Tax history for 503 E Ridge
Year
Property tax
Land + Additions
Assessment*
2025
$1,850 (+2.7%)
2024
$1,801 (+44.6%)
2023
$1,245 (−22.5%)
2022
$1,607 (+0.1%)
2021
$1,604 (+1.9%)
2020
$1,574 (+1.7%)
2019
$1,547 (+2.9%)
2018
$1,504 (+2.6%)
2017
$1,466 (+2.7%)
2016
$1,427
2015
$1,428 (+1.3%)
2014
$1,409 (+5.9%)
2013
$1,330
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
1
Lot width
75 ft.
Lot depth
115 ft.
Lot size
7,913 Sq. Ft.
Year renovated
—
Sq. Ft.
1,610
Year built
1868
Style
Single Family Residential
County
Marquette County
APN
52-51-305-022-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Detached
Interior
Heating & Cooling
Cooling: None
Has Heating
Heating: Forced Air, Electric, Natural Gas
Room Information
Has Basement
Basement Details: Full
Exterior
Exterior Features
Patio And Porch Features: Porch
Building Information
Above Grade Finished Area: 1,596
# of Stories Total: 2
Construction Materials: Aluminum Siding
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi-Family
Lot Information
Road Responsibility: Public Maintained Road
Lot Size : 74x108
Lot Size Acres: 0.19
Zoning: GR
Utilities
Utility Information
Water Source: Public
Utilities: Natural Gas Available, Cable Available, Electricity Available
Sewer: Public Sewer
Location
Schools Information
School District: Ishpeming Public School District
Location Information
Directions: US41 W, South on Third St, left on Ridge St. Property on left.
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,610
Stories: 1.0
Lot Size: 7,913 square feet
Style: Single Family Residential
Year Built: 1868
Year Renovated: —
County: Marquette County
APN: 52-51-305-022-00
Home facts updated by county records on Jun 24, 2026
Other
Listing Information
List AOR: Upper Peninsula Assoc of Realtors
Around this home
Schools
Ishpeming Middle School
Public 5-8 • Assigned • 0.2mi
6/10
Ishpeming High School
Public 9-12 • Assigned • 0.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 69-77% 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
77
57
74
55
71
51
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.