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  • $223,500

    312 S 3rd St, Ishpeming, MI 49849

    3beds
    1,850sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $223,500 Zestimate®
    $121/sqft
    $1,193 Estimated rent

    Home value

    $223,500

    $212,000 - $235,000

    $1,193/mo

    Zestimate® history
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    $1,142/mo

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    What's special

    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.

    Zillow last checked: 9 hours ago

    Listing updated: January 20, 2026 at 02:06pm

    Listed by:

    MELANIE OLIVER 906-236-3346,

    NEXTHOME SUPERIOR LIVING 906-214-4267,

    JASON PABIAN 906-362-6865,

    NEXTHOME SUPERIOR LIVING

    Bought with:

    BRADLEY ARGALL, 6501400975

    RE/MAX 1ST REALTY

    Source: Upper Peninsula AOR,MLS#: 50188656MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Boiler, Radiator
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
    Features
    • Basement: MI Basement
    • Has fireplace: No
    Interior area
    • Total structure area: 1,850
    • Total interior livable area: 1,850 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 or More Spaces
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Sidewalks, Street Lights
    • Waterfront features: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 50 x 100
    Details
    • Parcel number: 525130010700
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement
    Condition
    • Year built: 1885

    Utilities & green energy

    • Electric: 100 Amp Service
    • Gas: Natural Gas
    • Sewer: Public Sanitary, Public At Street
    • Water: Public, Public Water at Street
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Internet Spectrum

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Ishpeming
    • Subdivision: CLEVELAND IRON MINING COS ADD

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: LLC
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/20/2026Sold$223,500-2.4%$121/sqft
    Source: Upper Peninsula AOR #50188656 Report a problem
    9/17/2025Listed for sale$229,000+432.6%$124/sqft
    Source: Upper Peninsula AOR #50188656 Report a problem
    3/4/2022Sold$43,000-21.8%$23/sqft
    Source: Upper Peninsula AOR #10072649 Report a problem
    1/6/2022Pending sale$55,000$30/sqft
    Source: RE/MAX of Michigan #1131298 Report a problem
    1/6/2022Contingent$55,000$30/sqft
    Source: Upper Peninsula AOR #1131298 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,602 +41.7%$30,100 +15.5%
    2023$1,131 +3.5%$26,050 +29.3%
    2022$1,092 +1.1%$20,150 +17.5%

    Find assessor info on the county website

    Neighborhood: 49849

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ishpeming Public School District

    Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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