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    Ishpeming, MI Multifamily Properties for Sale

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    Spacious Duplex Near Downtown Ishpeming
    $165,000
    2,621 SF

    Spacious Duplex Near Downtown Ishpeming

    635 N 5Th St, Ishpeming, MI 49849

    Large duplex on corner lot, ideal for investors or owner-occupants.

    • Income‑producing duplex, currently generating $850/month per unit.
    • New boilers installed for worry‑free operation.
    • Great for investors or owner‑occupants looking to offset mortgage costs with rental income.
    • Prime location near downtown, Iron Ore Heritage Trail, and ATV/snowmobile trails.
    • Spacious units feature 3 bedrooms each.
    Updated: Mar 12
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    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    200 E Division St, Ishpeming, MI 49849

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    • High‑efficiency boiler and rooftop solar panels provide significant energy savings, covering over half of the building's electricity needs.
    • Fully occupied commercial storefronts (Rare Earth Goods, Apiary Life Studio, Bats Amore Used Books) provide immediate rental income.
    • Four spacious, currently occupied, 1‑bedroom, 1‑bathroom rental units offer steady residential income.
    • Downtown Ishpeming location offers high visibility and accessibility for both commercial and residential tenants.
    • Remodel potential exists to convert two "dorm style" spaces into a fifth, larger apartment unit.
    Updated: Jan 26
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Space in Negaunee
    $200,000
    10,932 SF

    Versatile Commercial Space in Negaunee

    10,932 SF commercial/industrial space in historic downtown Negaunee.

    401 Jackson St, Negaunee, MI 49866
    View details
    Turnkey Restaurant & Rental Income
    $750,000

    Turnkey Restaurant & Rental Income

    Established restaurant and bar with five rental units in Negaunee.

    305 Iron St, Negaunee, MI 49866
    View details
    Downtown Marquette Turnkey Business Opportunity
    $889,000
    3,456 SF

    Downtown Marquette Turnkey Business Opportunity

    Profitable coffee shop with two apartments in downtown Marquette.

    223 W Washington St, Marquette, MI 49855
    View details
    Updated Office and Apartment Buildings
    Contact for pricing
    6,048 SF

    Updated Office and Apartment Buildings

    Multi-suite office and four apartment units in Marquette.

    321 N Front St, Marquette, MI 49855
    View details

    Ishpeming, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 5,663 square feet of properties for sale, with an estimated market value of $165,000.

    Sale prices for multifamily properties in Ishpeming, MI start at $165,000, averaging $165,000, and reaching up to $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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