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    Ishpeming, MI
    Residential Income

    Ishpeming, MI Residential Income Properties for Sale

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    Negaunee, MI Palmer, MI Champion, MI Marquette, MI Gwinn, MI Miami, FL Republic, MI Skandia, MI
    2-Unit Duplex with Detached Garage
    Updated: Jul 22
    2-Unit Duplex with Detached Garage

    326 W Barnum Street, Ishpeming, MI 49849

    $149,900
    1,716 sqft 0.11 AC lot
    Two‑unit duplex with 1,716 square feet of total property size
    Each unit includes 2 bedrooms and 1 full bathroom
    Detached 2‑car garage with additional storage capacity
    0.11‑acre elevated corner lot at 326 W Barnum Street
    Built in 1880 with basement, patio, and laundry room
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    This listing looks promising.

    Here's a quick look at some key insights for

    326 W Barnum Street, Ishpeming, MI 49849

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $153K
      Above asking

    • Property Type

      Single Family Residence
      Built 1880
    View Property Analytics
    Multifamily Property with Parking Lot
    Updated: Jul 20
    Multifamily Property with Parking Lot

    313-315 E Pearl, Ishpeming, MI 49849

    $199,000
    Vacant parking lot included at 317 E Pearl
    Multifamily property at 313‑315 E Pearl
    Building constructed in 1880
    Baseboard heating, boiler, and hot water service
    Dishwasher, range/oven, and refrigerator included
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    309 TOBIN STREET, Negaunee, MI 49866

    $270,000
    2,569 sqft

    Front and rear units provide separate living areas with shared garage access and additional off-street parking.

    View details
    Duplex with Two-Car Garage
    Duplex with Two-Car Garage

    309 Tobin Street, Negaunee, MI 49866

    $270,000
    2,569 sqft 0.17 AC lot

    Front and rear units offer distinct living spaces, off-street parking, and several recent mechanical and building updates.

    View details
    Updated Mixed-Use Building
    Updated Mixed-Use Building

    519 W Washington St, Marquette, MI 49855

    Contact for pricing
    3,522 sqft

    Mixed-use property with a high-visibility storefront and two residential units, plus a basement steam room and back parking.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    425 W BLUFF, Marquette, MI 49855

    $199,900

    Two three-bedroom residences with separate electrical billing and extensive improvements throughout the property.

    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.

    Wooded Land Tract
    Wooded Land Tract

    280 Acres County Road CCN, Ishpeming, MI 49849

    $224,000
    280.00 AC lot

    Woodland acreage offers seasonal access, insurable access, and multiple potential building areas.

    View details
    Waterfront Recreation Land
    Waterfront Recreation Land

    170 Acres off CR 573 Road, Ishpeming, MI 49849

    $199,900
    170.00 AC lot

    170 acres on the Little Dead River with ridge-top views and cabin sites for rural recreation or retreat use.

    View details
    Recreational Land Near Gold Mine Lake
    Recreational Land Near Gold Mine Lake

    Gold Mine Lake Road, Ishpeming, MI 49849

    $394,500
    129.00 AC lot

    130-acre recreational and residential investment opportunity near Marquette.

    View details
    Forested Land Near Ishpeming
    Forested Land Near Ishpeming

    200 Acres CR 573 Road, Ishpeming, MI 49849

    $160,000
    200.00 AC lot

    200 acres of forested land, great access, close to town.

    View details

    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
    Land

    0 Highland Dr, Ishpeming, MI 49849

    Value Estimation by Request
    3.61 AC lot
    View details
    Cooper Lake Rd
    Land

    0 Cooper Lake Rd, Ishpeming, MI 49849

    Value Estimation by Request
    24.70 AC lot
    View details

    Ishpeming, MI Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 1,716 square feet of properties for sale, with an estimated market value of $348,900.

    Sale prices for residential income properties in Ishpeming, MI start at $149,900, averaging $174,450, and reaching up to $199,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Duplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.1%
    Median Household Income $63,425
    College Educated 16.6%

    High-Yield Neighborhoods for Investment

    Identify Ishpeming submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49849 $165K

    Taxes & Financing

    Tax Rate (average for all types) 4.96%
    Property Tax per SF $69.47 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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