Sold
Last Sold Price
3 beds1,850 sqft
312 South 3rd Street, Ishpeming, MI 49849
Multi FamilyProperty Type
0.11 acresLot Size
1885Year Built
$121/sq ftPrice per sq ft

Description

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...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.
  • Listed by: MELANIE OLIVER 906.236.3346 Melanie@NextHomeSL.com • NEXTHOME SUPERIOR LIVING
  • Listed by: JASON PABIAN 906.362.6865 Jason@nexthomesl.com • NEXTHOME SUPERIOR LIVING
Listing closed: 01/20/2026 12:00 AM • Source: MiRealSource, MLS#: 50188656

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Recent comparable sales

Median sold price

$191,500

Avg days on market

27

Sale-to-list ratio

101.8%

Ishpeming, MI

9 comparable properties found

$191,500 | 630 Wabash Street, Ishpeming, MI 49849
1/34
1

$191,500

Sold 06/02/26

3
Bedrooms
1,767
Square Feet
0.17
Acres
$46,500 | 419 North 2nd Street, Ishpeming, MI 49849
1/27
2

$46,500

Sold 07/28/25

3
Bedrooms
2,029
Square Feet
0.12
Acres
$230,000 | 715 North 2nd Street, Ishpeming, MI 49849
1/36
3

$230,000

Sold 05/13/26

3
Bedrooms
2,058
Square Feet
0.13
Acres
$215,000 | 618 Maurice Street, Ishpeming, MI 49849
1/40
4

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Sold 06/30/26

3
Bedrooms
1,620
Square Feet
0.14
Acres
$227,000 | 1225 North 2nd Street, Ishpeming, MI 49849
1/39
5

$227,000

Sold 08/03/26

3
Bedrooms
1,705
Square Feet
0.17
Acres
$180,000 | 404 South 3rd Street, Ishpeming, MI 49849
1/31
6

$180,000

Sold 08/14/26

4
Bedrooms
1,782
Square Feet
0.08
Acres
$189,900 | 426 Washington Street, Ishpeming, MI 49849
1/15
7

$189,900

Sold 05/20/25

3
Bedrooms
1,800
Square Feet
0.2
Acres
$255,000 | 1903 Prairie Avenue, Ishpeming, MI 49849
1/61
8

$255,000

Sold 09/16/26

3
Bedrooms
1,616
Square Feet
0.15
Acres
$171,000 | 526 Bank Street, Ishpeming, MI 49849
1/46
9

$171,000

Sold 09/22/25

3
Bedrooms
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Square Feet
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Acres

Location

Listing Courtesy of NEXTHOME SUPERIOR LIVING

Sold By RE/MAX 1ST REALTY

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$1,335 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,193

Property Taxes

$141

HOA Dues

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Property Information for 312 South 3rd Street

Property Details
  • Taxes: $1,697 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Subdivision Name: CLEVELAND IRON MINING COS ADD
  • Has Waterfront: No
  • Zoning Description: Residential
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1885
  • Lot Size: 0.11 AC / 4,791 SF
Summary
Location and General Information
  • Directions: US 41 West to Lakeshore in Ishpeming follow to Division turn left and follow to south third turn right first house on the right
  • Latitude: 46.48843
  • Longitude: -87.665208
  • MLS Area Major: Ishpeming (52013)
Taxes and HOA
  • Parcel Number: 52-51-300-107-00
  • Tax Annual Amount: $1,696.67
Property
Lot Information
  • Lot Size Acres: 0.11
  • Road Frontage Type: Alley
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 1850.0
  • Building Area Total: 1850.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1885
Building Features
  • Construction Materials: Vinyl Siding
  • Total Stories: 2
Utilities
  • Electric: 100 Amp Service
  • Property Power Amperage: 100
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks, Street Lights, Curbs
  • Patio And Porch Features: Porch
Interior Features
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Range, Oven, Gas Water Heater
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Natural Gas, Radiant
  • Has Heating: Yes
  • Has Fireplace: No
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 312 South 3rd Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Sold

MiRealSource #50188656

$223,500—
Oct 5, 2025

Contract Signed

MiRealSource #50188656

—
Sep 16, 2025

Listed (Active)

MiRealSource #50188656

$229,000—
DateEvent & SourcePrice
01/20/2026

Sold

MiRealSource #50188656

$223,500
10/05/2025

Contract Signed

MiRealSource #50188656

—
09/16/2025

Listed (Active)

MiRealSource #50188656

$229,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 312 South 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,712 ($143 / month)
Home Facts
Baths2Total Finished SqFt1,552 SqFtAbove Grade Finished SqFt1,552 SqFtUnfinished Basement SqFt720 SqFtStories1Lot Size3,006 SqFtStyleDuplexYear Built1885Year Renovated1885ZoningGRCountyMARQUETTEAPN52-51-300-107-00

Schools near 312 South 3rd Street

This home is within Ishpeming Public School District No. 1.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Birchview School
PublicPK to 4

Ishpeming Middle School
Public5 to 8

Ishpeming High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NEXTHOME SUPERIOR LIVING

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.