Affordable income-producing property in the city of Ishpeming with solid rental history! All separate utlitles means the landlord gets the cash flow. Recent updates include newer 100 amp electrical in each unit, newer metal roof, newer vinyl windows, new flooring in the lower unit, plumbing updated, new forced air furnace for both units. Lower unit could use a kitchen refresh so there is some sweat-equity potential here as well!
Sold for $150,000
Zestimate®
$150,000
708 Bank St, Ishpeming, MI 49849
4beds
1,711sqft
Multi Family
Built in 1890
-- sqft lot
$150,000 Zestimate®
$88/sqft
$1,472 Estimated rent
Home value
$150,000
$143,000 - $158,000
$1,472/mo
Zestimate® history
Owner options
List your home for rent
$1,472/mo
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$1,472/mo
Rent Zestimate®
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$994/mo
Est. payment
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$994/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
DAWN FLORIO 906-360-0796,
RE/MAX 1ST REALTY
Bought with:
BRADLEY ARGALL, 6506048978
RE/MAX 1ST REALTY
Source: MiRealSource,MLS#: 50206943
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Entry, Bedroom, Living Room
Bedroom 1
- Features: No
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Refrigerator
Features
- Basement: Partial,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,711
- Total interior livable area: 1,711 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Off Street
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
- Waterfront features: None
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 100
- Features: Subdivision, Walk to School
Details
- Additional structures: Shed(s)
- Parcel number: 525130505400
- Zoning: GR-Residential
- Zoning description: Multi-Family,Residential
- Special conditions: Private,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Cleveland Iron Mining Cos 5th Add
Location
- Region: Ishpeming
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $121,100
- Annual tax amount: $1,593
- Date on market: 5/8/2026
- Cumulative days on market: 6 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Conventional Blend,VA Loan
- Total actual rent: 1500
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $150,000-7.7%$88/sqft |
Source:  MiRealSource #50206943 Report a problem | ||
| 5/14/2026 | Contingent | $162,500$95/sqft |
Source: MiRealSource #50206943 Report a problem | ||
| 5/8/2026 | Listed for sale | $162,500+16.2%$95/sqft |
Source: MiRealSource #50206943 Report a problem | ||
| 8/25/2024 | Contingent | $139,900$82/sqft |
Source:  RE/MAX of Michigan #50142966 Report a problem | ||
| 6/18/2024 | Price change | $139,900-3.5%$82/sqft |
Source:  Upper Peninsula AOR #50142966 Report a problem | ||
| 6/7/2024 | Price change | $145,000-2.7%$85/sqft |
Source: Upper Peninsula AOR #50142966 Report a problem | ||
| 5/23/2024 | Listed for sale | $149,000+98.7%$87/sqft |
Source: Upper Peninsula AOR #50142966 Report a problem | ||
| 5/21/2021 | Sold | $75,000-11.7%$44/sqft |
Source: RE/MAX of Michigan Solds #1124972_49849 Report a problem | ||
| 3/22/2021 | Pending sale | $84,900$50/sqft |
Source: RE/MAX of Michigan #1124972 Report a problem | ||
| 3/11/2021 | Price change | $84,900-5.6%$50/sqft |
Source: RE/MAX of Michigan #1124972 Report a problem | ||
| 1/23/2021 | Listed for sale | $89,900$53/sqft |
Source: RE/MAX 1ST REALTY #1124972 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,593 +30.4% | $60,550 +37.5% |
| 2024 | $1,222 +2% | $44,050 -3.9% |
| 2023 | $1,198 +0.5% | $45,850 +6.3% |
| 2022 | $1,192 +0.5% | $43,150 +6.8% |
| 2021 | $1,186 +0.3% | $40,400 +7.6% |
| 2019 | $1,183 | $37,550 +9.8% |
| 2018 | -- | $34,200 +28.6% |
| 2017 | -- | $26,600 +2.3% |
| 2016 | -- | $26,000 |
| 2015 | -- | $26,000 -6.8% |
| 2014 | -- | $27,900 +2% |
| 2012 | -- | $27,350 |
| 2011 | -- | $27,350 |
| 2010 | -- | $27,350 |
Find assessor info on the county website
Neighborhood: 49849
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Nearby schools
GreatSchools rating
- 6/10Ishpeming Middle SchoolGrades: 5-8Distance: 0.3 mi
- 6/10Ishpeming High SchoolGrades: 9-12Distance: 0.2 mi
- 2/10Birchview SchoolGrades: PK-4Distance: 1.4 mi
Schools provided by the listing agent
- District: Ishpeming Public School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Marquette County
- Ishpeming
- 49849
- 708 Bank St
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