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.
Contingent
$229,000
312 S 3rd St, Ishpeming, MI 49849
3beds
1,850sqft
Est.:
Multi Family
Built in 1885
-- sqft lot
$226,800 Zestimate®
$124/sqft
$-- HOA
What's special
Refinished hardwood floorsRemodeled bathroomsNew roofCeiling fansWalk-in tile showersRemodeled kitchenNew windows
- 85 days |
- 389 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 07:07am
Listed by:
MELANIE OLIVER 906-236-3346,
NEXTHOME SUPERIOR LIVING 906-214-4267,
JASON PABIAN 906-362-6865,
NEXTHOME SUPERIOR LIVING
Source: Upper Peninsula AOR,MLS#: 50188656
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & 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: 4,791.6 Square Feet
- 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 & HOA
Community
- Features: Sidewalks
- Subdivision: CLEVELAND IRON MINING COS ADD
Location
- Region: Ishpeming
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $60,200
- Annual tax amount: $1,696
- Date on market: 9/16/2025
- Cumulative days on market: 86 days
- Listing terms: Cash,Conventional
- Ownership: LLC
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$226,800
$215,000 - $238,000
$987/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listed for sale | $229,000+432.6%$124/sqft |
Source:  Upper Peninsula AOR #50188656 Report a problem | ||
| 3/4/2022 | Sold | $43,000-21.8%$23/sqft |
Source: Upper Peninsula AOR #10072649 Report a problem | ||
| 1/6/2022 | Pending sale | $55,000$30/sqft |
Source:  RE/MAX of Michigan #1131298 Report a problem | ||
| 1/6/2022 | Contingent | $55,000$30/sqft |
Source: Upper Peninsula AOR #1131298 Report a problem | ||
| 1/4/2022 | Listed for sale | $55,000$30/sqft |
Source: Upper Peninsula AOR #1131298 Report a problem | ||
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
$1,347/mo
Principal & interest
$1084
Property taxes
$183
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
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.
- Loading
