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.
For sale
$229,000
312 S 3rd St, Ishpeming, MI 49849
3beds
1,850sqft
Est.:
Multi Family
Built in 1885
-- sqft lot
$223,500 Zestimate®
$124/sqft
$-- HOA
What's special
Refinished hardwood floorsBlow-in attic insulationEntire new roofFully remodeled kitchenFully remodeled bathroomsNew appliances
- 136 days |
- 662 |
- 33 |
Zillow last checked: 11 hours ago
Listed by:
Melanie Oliver,
NextHome Superior Living 906-250-2874
Source: NextHome,MLS#: 50188656
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has basement: No
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
Property
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 525130010700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1885
Community & HOA
Location
- Region: Ishpeming
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $60,200
- Annual tax amount: $1,602
- Date on market: 9/16/2025
- Lease term: Contact For Details
Estimated market value
$223,500
$212,000 - $235,000
$1,124/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $223,500-2.4%$121/sqft |
Source: | ||
| 9/17/2025 | Listed for sale | $229,000+432.6%$124/sqft |
Source: | ||
| 3/4/2022 | Sold | $43,000-21.8%$23/sqft |
Source: | ||
| 1/6/2022 | Pending sale | $55,000$30/sqft |
Source: | ||
| 1/6/2022 | Contingent | $55,000$30/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
BuyAbility℠ payment
Est. payment
$1,170/mo
Principal & interest
$888
Property taxes
$202
Home insurance
$80
Climate risks
Neighborhood: 49849
Nearby schools
GreatSchools rating
- 4/10Ishpeming Middle SchoolGrades: 5-8Distance: 0.1 mi
- 6/10Ishpeming High SchoolGrades: 9-12Distance: 0.1 mi
- 6/10Birchview SchoolGrades: PK-4Distance: 1.6 mi
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