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Off market
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  • $149,000

    635 N 5th St, Ishpeming, MI 49849

    6beds
    2,621sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $149,000 Zestimate®
    $57/sqft
    $1,458 Estimated rent

    Home value

    $149,000

    $142,000 - $156,000

    $1,458/mo

    Zestimate® history
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    Owner options

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    $1,458/mo

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    $1,458/mo

    Rent Zestimate®

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    $980/mo

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    $980/mo

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    What's special

    Sauna in the basementCorner lot

    Opportunity knocks with this large side-by-side duplex located on a corner lot near downtown, the Iron Ore Heritage Trail, and ATV/snowmobile trails. Each unit offers 3 bedrooms—one side features 2 bathrooms and a sauna in the basement, while the other has 1 bathroom. Both units are very spacious and currently rent for $850/month plus utilities, with one long-term tenant in place. This property is perfect for investors or an owner-occupant looking to have the other unit help pay the mortgage. Recent updates include two new boilers, offering peace of mind on major mechanicals. While the home is functional and income-producing, it could use some TLC to maximize its potential. A 2-car garage adds to the appeal, and the location offers great convenience and lifestyle amenities. With solid bones and rental income in place, this is a value-add opportunity you won’t want to miss!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: NextHome,MLS#: 50184469MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,621
    • Total interior livable area: 2,621 sqft

    Property

    Lot
    • Size: 5,662 sqft
    Details
    • Parcel number: 525120700900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Ishpeming

    Price history

    DateEventPrice
    1/13/2026Listed for sale$165,000$63/sqft
    Source: Upper Peninsula AOR #50184469 Report a problem
    1/1/2026Listing removed$165,000$63/sqft
    Source: NextHome #50184469 Report a problem
    10/13/2025Price change$165,000-10.8%$63/sqft
    Source: Upper Peninsula AOR #50184469 Report a problem
    8/7/2025Listed for sale$185,000-11.9%$71/sqft
    Source: Upper Peninsula AOR #50184469 Report a problem
    7/27/2025Listing removed--
    Source: Owner Report a problem
    6/14/2025Listed for sale$210,000+5%$80/sqft
    Source: Owner Report a problem
    5/18/2025Listing removed--
    Source: Owner Report a problem
    2/17/2025Price change$200,000-4.8%$76/sqft
    Source: Owner Report a problem
    11/9/2024Listed for sale$210,000+20%$80/sqft
    Source: Owner Report a problem
    6/18/2024Listing removed$175,000$67/sqft
    Source: Upper Peninsula AOR #50122828 Report a problem
    1/24/2024Price change$175,000-2.8%$67/sqft
    Source: Upper Peninsula AOR #50122828 Report a problem
    9/22/2023Listed for sale$180,000+44%$69/sqft
    Source: Upper Peninsula AOR #50122828 Report a problem
    12/1/2021Listing removed--
    Source: Upper Peninsula AOR #1126995 Report a problem
    10/24/2021Contingent$125,000$48/sqft
    Source: Upper Peninsula AOR #1126995 Report a problem
    5/20/2021Listed for sale$125,000$48/sqft
    Source: Upper Peninsula AOR #1126995 Report a problem
    1/17/2021Listing removed$125,000$48/sqft
    Source: Keller Williams #1119825 Report a problem
    3/18/2020Listed for sale$125,000$48/sqft
    Source: KELLER WILLIAMS FIRST #1119825 Report a problem
    2/8/2019Listing removed$125,000$48/sqft
    Source: EXP REALTY OF MARQUETTE #1106372 Report a problem
    2/7/2018Listed for sale$125,000$48/sqft
    Source: PROEX REALTY #1106372 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,565 +4%$87,500 +3.6%
    2024$4,390 +29.1%$84,450 +18.7%
    2023$3,400 +3.5%$71,150 +17.8%
    2022$3,284 +1.9%$60,400 +5.3%
    2021$3,222 +0.6%$57,350 +14.9%
    2019$3,203 $49,900 -1.6%
    2018-- $50,700 +0.2%
    2017-- $50,600 +2.2%
    2016-- $49,500
    2015-- $49,500 -4.2%
    2014-- $51,650 -2.5%
    2012-- $52,950 -0.1%
    2011-- $53,000
    2010-- $53,000

    Find assessor info on the county website

    Neighborhood: 49849

    Nearby schools

    GreatSchools rating
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