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    Ishpeming, MI Residential Income 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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    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
    Palmer Multi-Use Commercial Property
    $345,000
    5,200 SF

    Palmer Multi-Use Commercial Property

    Expansive property with business potential near Marquette, Michigan.

    101 Kirkpatrick Ave, Palmer, MI 49871
    View details
    Palmer Multi-Living Commercial Opportunity
    $345,000
    5,200 SF

    Palmer Multi-Living Commercial Opportunity

    Expansive property with business potential near Marquette, Michigan.

    101 Kirkpatrick Ave, Palmer, MI 49871
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    280 Acres Vacant Land
    $224,000
    280.00 Acres

    280 Acres Vacant Land

    Large acreage in Marquette County, ideal for recreation and building.

    280 Acres County Rd, Ishpeming, MI 49849
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    Waterfront Land Near Ishpeming, MI
    $215,000
    170.00 Acres

    Waterfront Land Near Ishpeming, MI

    170 acres of waterfront recreational land near Ishpeming, Michigan.

    170 Acres Off Cr 573, Ishpeming, MI 49849
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    Recreational Land Near Gold Mine Lake
    $394,500
    129.00 Acres

    Recreational Land Near Gold Mine Lake

    130-acre recreational and residential investment opportunity near Marquette.

    00 Gold Mine Lake Rd, Ishpeming, MI 49849
    View details
    Forested Land Near Ishpeming
    $160,000
    200.00 Acres

    Forested Land Near Ishpeming

    200 acres of forested land close to Ishpeming, Michigan.

    200 Acres Cr 573, Ishpeming, MI 49849
    View details

    Explore Off-Market Properties in Ishpeming, MI

    Consider similar Off-Market properties in Ishpeming, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Highland Dr

    Highland Dr

    Land • 3.61 Acres
    Value Estimation by Request
    0 Highland Dr, Ishpeming, MI 49849
    View details
    Cooper Lake Rd

    Cooper Lake Rd

    Land • 24.70 Acres
    Value Estimation by Request
    0 Cooper Lake Rd, Ishpeming, MI 49849
    View details

    Ishpeming, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income 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 residential income 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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