503 East Ridge Street

โ€”
Beds
โ€”
Baths
1,596 Sq. Ft.
$55 / Sq. Ft.
1,596
Sq. Ft.
$55
per Sq. Ft.

Description

Great investment opportunity! Upper and lower units produce a combined rent of $1,095.00 per month. The upper unit is a 1 bedroom 1 bath and the lower unit is a 2 bedroom 1 bath. The full basement has two laundry hookups and one washer and dryer set to be included. There is a spacious yard and a two car detached garage. This property has been certified with the City of Ishpeming's rental department. Both units are in nice condition. The fridge and stove on the second floor are included. Great rental...Great investment opportunity! Upper and lower units produce a combined rent of $1,095.00 per month. The upper unit is a 1 bedroom 1 bath and the lower unit is a 2 bedroom 1 bath. The full basement has two laundry hookups and one washer and dryer set to be included. There is a spacious yard and a two car detached garage. This property has been certified with the City of Ishpeming's rental department. Both units are in nice condition. The fridge and stove on the second floor are included. Great rental history in a nice location.
  1. Listed by FRAN SEVEGNEY โ€ข RE/MAX 1ST REALTY
    P: (906)-869-7465 C: (906)-869-7465 fran7e@gmail.com

Property Details for 503 East Ridge Street

Architectural Style
2 Story
Waterfront
No
Zoning
GR
LISTING UPDATED: 06/18/2026 09:07 AM

Property Details for 503 East Ridge Street

StatusClosed
MLS #10072587
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1868
Lot Size0.19 AC / 8,276 SF
CountyMarquette County

Location

Listing Courtesy of RE/MAX 1ST REALTY

Sold By EXP REALTY LLC

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Building Information for 503 East Ridge Street

Stories2Residences2Year Built1868Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$589 per month

30 year fixed, 6.36% Interest

Principal and Interest

$439

Property Taxes

$150

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 503 East Ridge Street

Summary
Location and General Information
  • Directions: US41 W, South on Third St, left on Ridge St. Property on left.
  • Latitude: 46.49167498
  • Longitude: -87.663554
  • MLS Area Major: Ishpeming (52013)
Taxes and HOA
  • Parcel Number: 52-51-305-022-00
  • Tax Year: 2021
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Lot Size Acres: 0.19
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Above Grade Finished Area: 1596.0
  • Building Area Total: 1596.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Documents Change Timestamp: 03-18-2022 07:32:00 PM
  • Raw Mls Documents Count: 3
  • Raw Mls Lot Size: 74x108
  • Raw Mls Modification Timestamp: 06-20-2022 10:46:15 AM
  • Raw Mls Photos Change Timestamp: 03-16-2022 09:57:00 AM
  • Raw Mls Photos Count: 29
  • Raw Mls Property Sub Type: Multi-Family
  • Raw Mls Stories Total: 2.0
  • Year Built: 1868
Building Features
  • Construction Materials: Aluminum Siding
  • Stories Total: 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
  • Basement: Yes
  • Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Electric, Natural Gas
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 503 East Ridge Street

DateEvent & SourcePriceAppreciation
Dec 29, 2021

Sold

MiRealSource #10072587

$88,000โ€”
Nov 3, 2021

Contract Signed

MiRealSource #10072587

โ€”
Sep 17, 2021

Listed (Active)

MiRealSource #10072587

$94,900โ€”
DateEvent & SourcePrice
12/29/2021

Sold

MiRealSource #10072587

$88,000
11/03/2021

Contract Signed

MiRealSource #10072587

โ€”
09/17/2021

Listed (Active)

MiRealSource #10072587

$94,900

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

Public Records for 503 East Ridge Street

Taxable ValueLand-Additions-Total-
Tax Record2024$1,801 ($150 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,610 SqFtAbove Grade Finished SqFt1,610 SqFtStories1Lot Size8,625 SqFtStyleSingle Family ResidenceYear Built1868ZoningGRCountyMARQUETTEAPN52-51-305-022-00

Schools near 503 East Ridge 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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Listing Courtesy of RE/MAX 1ST REALTY

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