312 S 3rd St

Ishpeming MI 49849

1850 sq. ft.

0.11 ac.

Multi-Family

Last sold for $223,500

MELANIE OLIVER, last sold this property on 20 January 2026 after 125 days on market.

Overview

Extensively Renovated Duplex – Ideal Turn-Key Investment Opportunity! Recently and extensively updated, this duplex is currently operating as a successful short-term rental. Nearly every aspect has been remodeled, making it truly move-in ready. Bathrooms: Both units feature fully remodeled bathrooms, including walk-in tile showers with rain heads in both units. Kitchens: The lower unit boasts a fully remodeled kitchen; both units include new appliances. Laundry: Two complete sets of washers and dryers included. Major Updates: Entire new roof (Northern Awning & Window, 2023). Blow-in attic insulation (K2, 2023). All new windows, doors, and vinyl siding. New trim and interior doors. Refinished hardwood floors in both units. New electrical system with three separate panels (upper, lower, common). New plumbing and a second hot water heater. Interior Features: New ceiling fans, lighting, and fixtures throughout. Interior renovations were completed in 2022–23 by Pete Meldrum of HGTV Battle on the Beach Season 3. Additional Highlights: All furnishings negotiable and may be included in the sale of the property. Perfect for owner-occupancy, long-term tenants, or turnkey short-term rental use. Property is owned by Michigan Realtors.

Features

3 bedrooms

2 bathrooms

1850 sq. ft. floor area

0.11 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Ishpeming over the last 12 months, the estimated median property value of 312 S 3rd St is $133.25k.

Median value

$133.25k

Estimated value range

$46.5k - $223.5k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Ishpeming. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.