Historic charm with modern updates with this 14 BR 9 BA income property with views of the Portage Canal! Spaciousness is everywhere with tall ceilings, large room sizes, and over 6,000 square feet of living area! Fantastic income opportunity with consistent gross annual rents in excess of $100,000 per year. Located within walking distance to restaurants, entertainment, grocery/gas and more in the City of Hancock. This home was formerly the famous Ruppe Mansion, a historic mining area landmark. There is also potential to be converted into a one of a kind family residence. Take advantage of an immediate cash flow property!
For sale
$679,900
315 Reservation St, Hancock, MI 49930
14beds
6,082sqft
Single Family Residence
Built in 1886
0.28 Acres Lot
$678,500 Zestimate®
$112/sqft
$-- HOA
What's special
Large room sizesTall ceilings
- 73 days |
- 739 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
JOSH STEIN 906-370-4898,
NORTHERN MICHIGAN LAND BROKERS - H 906-523-5575
Source: MiRealSource,MLS#: 50205222
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
- Full bathrooms: 9
Bedroom
- Level: Second
- Area: 120
- Dimensions: 12 x 10
Bedroom 1
- Level: Second
- Area: 320
- Dimensions: 20 x 16
Bedroom 2
- Level: Second
- Area: 154
- Dimensions: 14 x 11
Bedroom 3
- Level: Second
- Area: 289
- Dimensions: 17 x 17
Bedroom 4
- Level: Second
- Area: 306
- Dimensions: 18 x 17
Bedroom 5
- Level: Second
- Area: 225
- Dimensions: 15 x 15
Bathroom 1
- Level: Second
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Bathroom 4
- Level: Second
Bathroom 5
- Level: Third
Dining room
- Level: First
- Area: 323
- Dimensions: 19 x 17
Family room
- Level: First
- Area: 357
- Dimensions: 21 x 17
Kitchen
- Level: First
- Area: 204
- Dimensions: 17 x 12
Living room
- Level: First
- Area: 361
- Dimensions: 19 x 19
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Range/Oven, Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 7,782
- Total interior livable area: 6,082 sqft
- Finished area above ground: 6,082
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: More than 2 Stories
- Exterior features: None
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Body of water: Portage Canal
- Frontage type: Road
- Frontage length: 212
Lot
- Size: 0.28 Acres
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: TBA
- Zoning description: Residential
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Cedar
- Foundation: Basement
Condition
- Year built: 1886
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail., Electricity Connected
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Hancock
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $382,424
- Annual tax amount: $4,061
- Date on market: 4/23/2026
- Cumulative days on market: 74 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$678,500
$645,000 - $712,000
$1,864/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $679,900+340.1%$112/sqft |
Source:  Upper Peninsula AOR #50205222 Report a problem | ||
| 12/1/2015 | Sold | $154,500$25/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,827 +4.3% | $191,212 -1.5% |
| 2024 | $3,671 | $194,214 +14.7% |
| 2023 | -- | $169,320 +16% |
| 2022 | -- | $145,995 +18.6% |
| 2021 | -- | $123,110 -6.4% |
| 2020 | -- | $131,512 +14.1% |
| 2019 | -- | $115,225 +20.9% |
| 2018 | -- | $95,340 -15.7% |
| 2017 | -- | $113,035 +120.4% |
| 2016 | -- | $51,276 |
| 2015 | -- | $51,276 +4% |
| 2014 | -- | $49,304 -2% |
| 2013 | -- | $50,288 |
| 2012 | -- | $50,288 |
| 2011 | -- | $50,288 |
| 2010 | -- | $50,288 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 49930
Nearby schools
GreatSchools rating
- 5/10Barkell Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Hancock Central High SchoolGrades: 6-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Hancock Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Houghton County
- Hancock
- 49930
- 315 Reservation St
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