Skip main navigation
Contingent
    • $165,000

    635 N 5th St, Ishpeming, MI 49849

    6beds
    2,621sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $63/sqft
    $-- HOA

    What's special

    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!
    230 days
    |
    1,286
    |
    51
    |

    Zillow last checked: 8 hours ago

    Listing updated: March 12, 2026 at 12:28pm

    Listed by:

    BENJAMIN ARGALL 906-250-2874,

    NEXTHOME SUPERIOR LIVING 906-214-4267

    Source: Upper Peninsula AOR,MLS#: 50184469MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 2
      Dining room
      • Features: Formal Dining Room
      Kitchen
      • Features: Eat-in Kitchen
      Heating
      • Hot Water
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,621
      • Total interior livable area: 2,621 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3 or More Spaces, On Street, Detached
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Waterfront features: None
      • Frontage length: 50
      Lot
      • Size: 5,662.8 Square Feet
      • Dimensions: 50 x 117
      Details
      • Parcel number: 525120700900
      • Zoning: Residential 1
      • Zoning description: Residential

      Construction

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

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sanitary
      • Water: Public Water at Street

      Community & HOA

      Community
      • Subdivision: Cleveland Iron Mining Co's Second Addition
      Location
      • Region: Ishpeming

      Financial & listing details

      • Price per square foot: $63/sqft
      • Tax assessed value: $175,000
      • Annual tax amount: $4,565
      • Date on market: 8/7/2025
      • Cumulative days on market: 219 days
      • Listing terms: Cash,Conventional
      • Ownership: Private
      • Lease term: Month To Month
      • Total actual rent: 1700
      • Road surface type: Paved
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,626/mo

        Price history

        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+52.5%$69/sqft
        Source: Upper Peninsula AOR #50122828 Report a problem
        2/1/2022Sold$118,000-5.6%$45/sqft
        Source: Upper Peninsula AOR #10072596 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

        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

        BuyAbility℠ payment

        Est. payment
        $1,002/mo
        Principal & interest
        $856
        Property taxes
        $146
        More affordability tools

          Climate risks

          Neighborhood: 49849

          Getting around

          68 / 100
          Somewhat Walkable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Ishpeming Public School District

          Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Skip to the end of the carouselSkip to the beginning of the carousel

          Local experts in 49849

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel

            Nearby cities

            Nearby zip codes

            Other Ishpeming Topics

              Search
              Updates
              Favorites
              Home Loans
              Inbox