Duplex with Separate
For Sale
$150,000
708 Bank, Ishpeming, MI 49849
Two-unit property with improvements to electrical, roofing, windows, plumbing, and mechanical systems.
Property SizeContact for details
Days on Market125
Property Features for 708 Bank
General Information
Standard status
Active
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
Lower unit could use a kitchen refresh
Additional Details
Multifamily Units
2
Amenities
Ceiling Fan(s)
Forced Air
Refrigerator
Building Details
Year Built
1890
Listing Agency:
RE/MAX 1ST REALTY
Listed By:
DAWN FLORIO · License #6506048630
(906) 225-1136
Source:
Kw
Added: May 10
Changed: Sep 10
Last Checked: Sep 9 at 8:41PM
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 two-unit residential income property at 708 Bank in Ishpeming dates to 1890 and has separate utilities for each unit. Recent work includes 100 amp electrical service in both units, a metal roof, vinyl windows, updated plumbing, and new flooring in the lower unit. A forced air furnace serves both units, while interior features include ceiling fans and refrigerators.
The lower unit’s kitchen requires updating, leaving a defined interior improvement project for a new owner. The combination of separate utility metering and completed building-system updates provides a clear physical configuration for continued residential rental use.
The lower unit’s kitchen requires updating, leaving a defined interior improvement project for a new owner. The combination of separate utility metering and completed building-system updates provides a clear physical configuration for continued residential rental use.
Key Highlights
- Duplex at 708 Bank, Ishpeming, MI 49849
- Separate utilities for each unit
- Newer 100 amp electrical service in each unit
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with improvements to electrical, roofing, windows, plumbing, and mechanical systems.
Where is this duplex located?
The property is located at 708 Bank Ishpeming, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex at 708 Bank, Ishpeming, MI 49849; Separate utilities for each unit; Newer 100 amp electrical service in each unit
