Sold
Last Sold Price
1,772 sqft

416 Bank, Ishpeming, MI 49849

Multi FamilyProperty Type
0.08 acresLot Size
1900Year Built
$50/sq ftPrice per sq ft

Description

Great investment opportunity. This is a Duplex with a two bed, one bath up and down. The main floor is in great condition with recent drywall, paint and flooring. Currently vacant for the renovation. The upper has been renovated as well. Perfect for owner occupancy with Income or Rent both units.Great investment opportunity. This is a Duplex with a two bed, one bath up and down. The main floor is in great condition with recent drywall, paint and flooring. Currently vacant for the renovation. The upper has been renovated as well. Perfect for owner occupancy with Income or Rent both units.
  • Listed by: FRAN SEVEGNEY 906.869.7465 fran7e@gmail.com • RE/MAX 1ST REALTY
Listing closed: 07/07/2021 12:00 AM • Source: MiRealSource, MLS#: 10072616
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Recent comparable sales

Median sold price

$39,900

Avg days on market

217

Sale-to-list ratio

84.2%

Ishpeming, MI

9 comparable properties found

$66,500 | 120-acres Willow Creek Road, Ishpeming, MI 49849
1/40
1

$66,500

Sold 12/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
120
Acres
$65,000 | Lot #4 Greenwood Street, Ishpeming, MI 49849
1/2
2

$65,000

Sold 01/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.11
Acres
$51,000 | 60-acres Sleepy Hollow Road, Ishpeming, MI 49849
1/30
3

$51,000

Sold 12/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
60
Acres
$10,000 | 101 Bank Street, Ishpeming, MI 49849
1/6
4

$10,000

Sold 12/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$39,900 | Tbd Pike Pond Drive, Unit #27, Ishpeming, MI 49849
1/5
5

$39,900

Sold 07/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.61
Acres
$25,000 | 10 Acres Sec34 Road, Ishpeming, MI 49849
1/7
6

$25,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$20,000 | 208 Hazel Street, Ishpeming, MI 49849
1/2
7

$20,000

Sold 02/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
$56,000 | 24-acres Cooper Lake Road, Ishpeming, MI 49849
1/14
8

$56,000

Sold 06/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
24.7
Acres
$20,000 | Tbd Highland Drive, Ishpeming, MI 49849
1/4
9

$20,000

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.61
Acres

Location

Listing Courtesy of RE/MAX 1ST REALTY

Sold By EXP REALTY LLC

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Property Information for 416 Bank

Property Details

  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Has Waterfront: No
  • Zoning: GR

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.08 AC / 3,484 SF

Summary

Location and General Information
  • Directions: N Third St to Left on Bank St.
  • Latitude: 46.49060201
  • Longitude: -87.66403101
  • MLS Area Major: Ishpeming (52013)
Taxes and HOA
  • Parcel Number: 52-51-300-040-00
  • Tax Year: 2021

Property

Lot Information
  • Lot Size Acres: 0.08
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Above Grade Finished Area: 1772.0
  • Building Area Total: 1772.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1900
Building Features
  • Construction Materials: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Electricity Available
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Patio And Porch Features: Porch
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Has Cooling: No
  • Heating: Forced Air, Electric, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No

Multi Family

Multi Family Information
  • Number Of Units Total: 2

Property History for 416 Bank

DateEvent & SourcePriceAppreciation
Jul 7, 2021

Sold

MiRealSource #10072616

$89,000—
Jun 10, 2021

Contract Signed

MiRealSource #10072616

—
May 21, 2021

Listed (Active)

MiRealSource #10072616

$89,900—
DateEvent & SourcePrice
07/07/2021

Sold

MiRealSource #10072616

$89,000
06/10/2021

Contract Signed

MiRealSource #10072616

—
05/21/2021

Listed (Active)

MiRealSource #10072616

$89,900

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

Schools near 416 Bank

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 416 Bank, Ishpeming, MI 49849
$89,000
–
–
1,772
3,484
–
4
2
1,772
3,485
–
2
1
1,244
3,388
–
5
1.5
2,440
3,453
–
–
–
5,246
7,971
$79,500
6
2,424
7,405

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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 RE/MAX 1ST REALTY

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.