Hermansville Duplex: Investment
5466 W Third Street Hermansville, MI 49847
5466 W Third Street, Hermansville, MI, 49847
$139,000
For Sale
$139,000
MULTI_FAMILY - Hermansville, MI
Property Size1,725 SF
Lot Size0.33 Acres
Price / SF$80.58
Days on Market85
Property Features for 5466 W Third Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
- Appliances
- Dryer, Range/Oven, Refrigerator, Washer
- Standard status
- Active
- Size
- 1,725 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Annual Amount
- 2353
Utilities
- Heating system
- Forced Air
- Water source
- Private
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 2
- Architectural style
- Other
Listing Agency
MULTI STATE REALTY
(906) 828-2525
332 S Stephenson Ave, Iron Mountain, MI
Listed by
KEVIN MELSHA · License #6501438120
(906) 221-6697
Added: Apr 23 Checked: Jul 16 at 11:06 pm
MLS# 50205205
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This duplex in Hermansville presents an investment opportunity, featuring two separate units suitable for rental income or owner-occupancy with supplemental income. Both units are currently occupied under month-to-month leases, providing immediate cash flow. One unit includes 1 bedroom and 1 bath, while the other offers 2 bedrooms and 1 bath. Each unit is equipped with private laundry facilities and includes access to a detached garage. The property is located across from North Central Area Schools and minutes from US-2, positioned halfway between Escanaba and Iron Mountain. The lot size is 0.33 acres and the property size is 1725 square feet.
Key Highlights
- Duplex in Hermansville with 2 separate occupied units under month‑to‑month leases
- Unit mix: one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
- Each unit includes private laundry and access to a detached garage
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-located Hermansville duplex with immediate cash flow potential.
Where is this duplex located?
The property is located at 5466 W Third Street Hermansville, MI.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Duplex in Hermansville with 2 separate occupied units under month‑to‑month leases; Unit mix: one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit; Each unit includes private laundry and access to a detached garage
