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    Ishpeming, MI
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    Ishpeming, MI Residential Income Properties for Sale

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    Negaunee, MI Palmer, MI Champion, MI
    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
    View details
    Established Restaurant with Income Potential
    $399,900
    6,160 SF

    Established Restaurant with Income Potential

    220 S Main, Ishpeming, MI 49849

    Restaurant with apartments and retail space for sale.

    • Well‑established restaurant with great income opportunity
    • Includes 4 apartments, providing additional income streams
    • Features one additional retail space
    • Entire facade renovated in 2012 (windows, siding, doors, stonework)
    • Corner lot location
    Updated: Dec 16, 2021
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    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.

    Negaunee Duplex with Recent Updates
    $239,900
    2,078 SF

    Negaunee Duplex with Recent Updates

    Spacious duplex near downtown Negaunee, updated and ready.

    315 Tobin, Negaunee, MI 49866
    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 Avenue, Palmer, MI 49871
    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, Palmer, MI 49871
    View details
    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, Negaunee, MI 49866
    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.

    Residential Land in Detroit Beach
    $40,000
    0.18 Acres

    Residential Land in Detroit Beach

    Vacant land in desirable Detroit Beach Club Community.

    0 3rd, Frenchtown, MI 48162
    View details
    Negaunee Vacant Land with Lake Views
    $53,000
    1.45 Acres

    Negaunee Vacant Land with Lake Views

    1.45 acre lot with incredible Teal Lake views.

    260 Water, Negaunee, MI 49866
    View details
    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 Road CCN, Ishpeming, MI 49849
    View details
    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
    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

    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 4 residential income properties for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 15,646 square feet of properties for sale, with an estimated market value of $899,800.

    Sale prices for residential income properties in Ishpeming, MI start at $399,900, averaging $449,900, and reaching up to $499,900 — 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

    Apartment buildings 2
    Multifamily properties 2

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49849 $449.9K

    Taxes & Financing

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

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