Great investment opportunity. This two unit duplex is located right in the middle of the City of Ishpeming. Both units are occupied, with a combined rental income of $1550 per month. The downstairs unit is a one bedroom, one bath unit and the upstairs unit is a two bedroom, one bath unit. Check this property out today.
Multi-familyProperty Type
1885Year Built
2,178 sq ftLot Size
$50Price/Sq.Ft.
2 spacesParking
Listed by BRADLEY ARGALL• RE/MAX 1ST REALTY
•906-225-1136 (broker)
•callremax1st@remaxmarquette.com (broker)
Bought with BENJAMIN ARGALL• NEXTHOME SUPERIOR LIVING
Great investment opportunity. This two unit duplex is located right in the middle of the City of Ishpeming. Both units are occupied, with a combined rental income of $1550 per month. The downstairs unit is a one bedroom, one bath unit and the upstairs unit is a two bedroom, one bath unit. Check this property out today.
MiRealSource-MiMLS #50127579
Jan 5, 2024
Sold
$78,000
$52/sq ft
Nov 21, 2023
Contingent
—
Nov 10, 2023
Listed
$100,000
$66/sq ft
Duplex for sale in downtown Ishpeming. This 3 bed two full bath would make a great investment property. The bottom unit consists of a full kitchen, living room, dining area, bedroom and bathroom. The upstairs unit has a full kitchen, 2 bedrooms, living room/dining room, and bathroom. Each unit has it's own entrance. The electrical has been recently updated. This property is being sold as is.
Year
Property tax
Land + Additions
Assessment*
2025
$3,302 (+98.6%)
2024
$1,663 (−79.4%)
2023
$8,078 (+442.0%)
2022
$1,490 (+2.5%)
2021
$1,454 (+1.9%)
2020
$1,427 (+1.7%)
2019
$1,402 (+2.9%)
2018
$1,363 (+2.6%)
2017
$1,329 (+2.8%)
2016
$1,293
2015
$1,294 (+1.3%)
2014
$1,277 (+5.9%)
2013
$1,206
Tax history for 709 N Third St
Year
Property tax
Land + Additions
Assessment*
2025
$3,302 (+98.6%)
2024
$1,663 (−79.4%)
2023
$8,078 (+442.0%)
2022
$1,490 (+2.5%)
2021
$1,454 (+1.9%)
2020
$1,427 (+1.7%)
2019
$1,402 (+2.9%)
2018
$1,363 (+2.6%)
2017
$1,329 (+2.8%)
2016
$1,293
2015
$1,294 (+1.3%)
2014
$1,277 (+5.9%)
2013
$1,206
*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
2
Lot width
—
Lot depth
—
Lot size
2,434 Sq. Ft.
Year renovated
—
Sq. Ft.
1,512
Year built
1885
Style
Single Family Residential
County
Marquette County
APN
52-51-203-001-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Property details
Parking
Parking/Garage Information
Parking: 2 Spaces
Interior
Interior Features
Appliances: Range/Oven, Refrigerator
Has Basement
Bedroom Information
First Floor Bedroom
Bedroom 1 Floor Covering: Concrete
Bathroom Information
Main Floor Full Bathroom
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Bath Descriptions: Not Applicable
Laundry/Basement Information
Basement Type: Outside Entrance, Stone
Exterior
Exterior Features
Exterior Construction: Asphalt
Foundation Type: Basement
Property Features
Water Features: None
Property Information
Property Type: Multi-Family
Property Type: 1 To 4 Units
Structure Style: 2 Story
Styles: Other
Year Built: 1885
Lot Information
SHORELINE: Not Applicable
Lot Size: 5,555
Lot Description: Platted, Sidewalks
Zoning: Residential
Land Information
Acreage: 0.05
Roads: Access, City/County, Curbed, Paved Street, Year Round
Frontage: 55
Flood Insurance: Not Required
Floodplain: None
Financial
Tax/Assessments Information
Taxable Value Year: 2024
Taxable Value: $25,742
Summer Tax Year: 0
Winter Tax Year: 0
Utilities
Utility Information
ELECTRIC: 100 Amp Service, Circuit Breakers
UTILITIES: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Separate Heat: Yes
Water Heater: Electric
Water: Public Water
Separate Electric
Cooling System: None
Separate Gas
Fuel Type: Natural Gas
Separate Heat
Heating System: Forced Air
Sewer Septic: Public Sanitary
Location
Mult-Unit Information
# of Units (Total): 2
Unit 1 Information
Unit 1 Occupied Y/N: Yes
Rent Rate: $700
Unit Occupied
Bedroom 1 Level: First
Bedroom 1 Dimensions:
Dining Room Level: First
Dining Room Dimensions:
Kitchen Level: First
Kitchen Dimensions:
Living Room Level: First
Living Room Dimensions:
Unit 2 Information
Rent Rate: $850
Unit Occupied
Bedroom 1 Level: First
Bedroom 1 Dimensions: 12 x 12
Kitchen Level: Second
Kitchen Dimensions: 14 x 11
Living Room Level: Second
Living Room Dimensions: 13 x 11
Homeowners Association Information
Community Amenities: Sidewalks, Street Lights, Private Entry
School Information
School District: Ishpeming Public School District
School District: Ishpeming Public School District
Address Information
Street Designation: Street
Location Details
At Ski Resort Y/N: No
Directions: From US 41, take the round about on to Second Street, then another round about on to Third Street. Follow Third down for a few blocks, property will be on the right.
Municipality Type: City
Municipality: Ishpeming
Mail City: Ishpeming
Location: Walk To School
Subdivision: Second Addition
Municipality: Ishpeming
Area (Municipality): Ishpheming (52013)
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,512
Stories: 2.0
Lot Size: 2,434 square feet
Style: Single Family Residential
Year Built: 1885
Year Renovated: —
County: Marquette County
APN: 52-51-203-001-00
Home facts updated by county records on Sep 14, 2026
Other
Listing Data
SPECIAL LISTING CONDITION: Standard
Listing Information
Originating MLS: Upper Peninsula Assoc of Realtor
No
Around this home
Schools
Ishpeming Middle School
Public 5-8 • Assigned • 0.5mi
6/10
Ishpeming High School
Public 9-12 • Assigned • 0.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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.