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Two-Unit Duplex with Laundry
For Sale
$139,900

129 W Superior, Ishpeming, MI 49849

Well-maintained duplex offering one occupied apartment and a move-in-ready lower unit in downtown Ishpeming.

Property SizeContact for details
Days on Market124

Property Features for 129 W Superior

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 50%

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Amenities

laundry
Boiler
Ceiling Fan(s)
Dryer
Range/Oven
Refrigerator
Washer

Building Details

Year Built 1888
Listing Agency: RE/MAX 1ST REALTY
Listed By: DAWN FLORIO · License #6506048630
Source: Kw
Added: May 7 Changed: Sep 6 Last Checked: Sep 6 at 2:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1ST REALTY

Investment Insights

Based on property information with market context.

This well-maintained duplex, built in 1888, contains two one-bedroom, one-bathroom apartments. Each unit includes laundry equipment, while the property also has a boiler, ceiling fans, range/ovens, and refrigerators. The upper apartment has a long-term tenant in place. The lower apartment has been recently painted and cleaned and is vacant for immediate occupancy.

Alley access supports off-street parking. The property is located in downtown Ishpeming, near the Iron Ore Heritage Trail, ATV and snowmobile trails, and Lake Bancroft Park. The available lower unit can accommodate owner occupancy or a new tenant, subject to the applicable terms of occupancy.

Key Highlights

  • Two one‑bedroom, one‑bathroom apartments
  • Upper unit has a long‑term tenant
  • Lower unit recently painted, cleaned, and vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Pharmacy Parking Lot & Garage Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 49849, MI

11,819
Population
5,915
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
95%
High-School Grad
241.4 sq mi
ZIP Area
49
Density / Sq Mi
$63,425
Median Household Income
$35,081
Median Earnings
$769
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex offering one occupied apartment and a move-in-ready lower unit in downtown Ishpeming.
Where is this duplex located?
The property is located at 129 W Superior Ishpeming, MI.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom apartments; Upper unit has a long‑term tenant; Lower unit recently painted, cleaned, and vacant
More about this property
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