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    635 N 5Th St Ishpeming, MI 49849

    For Sale
    $165,000

    Multi-Family, 2 Story - Ishpeming, MI

    Property size:
    2,621 SF
    Lot size:
    0.13 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 635 N 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
    Bedrooms
    6
    Bathrooms
    3
    APN
    52-51-207-009-00
    Parking features
    Garage, Garage - Detached, On Street
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Basement Y/N
    1
    Size
    2,621 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    ARTISAN REAL ESTATE GROUP (906) 273-0652

    Listing agent BENJAMIN ARGALL (906) 214-4267 License #6502430986

    Listing date Oct 13, 2025

    MLS# 50184469 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Duplex Near Downtown Ishpeming

    This two-story duplex is located on a corner lot near downtown Ishpeming, Michigan, the Iron Ore Heritage Trail, and ATV/snowmobile trails. Each unit features three bedrooms. One unit includes two bathrooms and a sauna in the basement, while the other has one bathroom. Both units are spacious and currently rent for $850 per month plus utilities. One unit is occupied by a long-term tenant. The property includes a two-car garage. Recent updates include two new boilers. The property is functional and income-producing, presenting a value-add opportunity. The property is suitable for investors or an owner-occupant looking to offset mortgage costs with rental income. The building size is 2621 square feet and the lot size is 0.13 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ishpeming
    County
    Marquette
    State
    Michigan
    Longitude
    -87.662524
    Latitude
    46.495196

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    FAQs

    What type of property is this?
    Duplex - Large duplex with strong rental income potential near downtown Ishpeming.
    Where is this duplex located?
    The property is located at 635 N 5Th St Ishpeming, MI.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Income-producing duplex with $850/month rental income per unit.; - New boilers for peace of mind.; - Great for investors or owner-occupants.
    (906) 214-4267
    Request Owner's contact information
    635 N 5Th St Ishpeming, MI 49849
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    635 N 5Th St Ishpeming, MI 49849
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