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Sold on 10/12/2023
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638 N Fourth, Ishpeming, MI 49849

  • $607,324

    Last sold 10/12/2023 for $195K

  • 9

    bed

  • 18

    bath

  • 5,792

    Sqft ($34/Sqft)

Multi-family not for sale
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About 638 N Fourth

Property type Multi-family
Neighborhood
Year built 1895
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Property description
9 unit apartment building in the city of Ishpeming. Brand new steam boiler in February, some long term tenants. All annual leases. 12% CAP rate based on 2022 annual expense and rents at 95% occupancy. Coin operated laundry in basement.
Listed by
Listing Agent - JOHN DEMAY
Listing Agent Contact: Main: 906-362-1000
Listing Office - EXP REALTY OF MARQUETTE
Source: MiRealSource, Inc mls logo
MLS#50110619 • last updated 2 years ago
Movoto checked MiRealSource, Inc for data 5 minutes ago
Overview
Cooling/AC None
Heating Steam
Levels/Style Conventional Frame
Status Closed
Type Multi-Family
Lot Size (Acres) 0.13
Total Tax Amount 4857
Originating MLS Upper Peninsula Assoc Of Realtors
HOA Fee 76098
Year Built 1895
Interior
# Full Baths 9
Bathroom(s) Not Applicable
Basement No
# Fireplaces No
Exterior
Exterior Features Porch
# Garage Spaces 18
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Public Sanitary
Water Public Water
Water Heater Gas
Location
Water Features None
County Ishpeming (52013)
Community Amenities Laundry Facility
Subdivision No
Zoning Residential
Multifamily Details
Unit 3: SqFt 3
Total Units 9
  • Nov 2023
    mls logo MLS # 50110619
  • Nov 2, 2023 Sold
    $186,000 (-17.3%)
  • Oct 12, 2023 Pending
    —
  • Oct 3, 2023 Price Change
    $225,000 (-13.1%)
  • Aug 10, 2023 Price Change
    $259,000 (-2.3%)
  • May 29, 2023 Listed
    $265,000

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Nearby homes for sale in Ishpeming, MI

  • Real Estate
  • MI
  • Marquette County
  • Ishpeming
  • 49849
  • 638 N Fourth
$607K
Range: $546K-$668K
Last 30 days 

Nearby recently sold homes in Ishpeming, MI

  • 638 N Fourth
    $195K
  • Ishpeming (52013)
    —
  • 49849
    $215K +7% y/y
  • Ishpeming
    $214K +7% y/y
No chart available
Statistics calculated by Movoto
5/10
Birchview School
public Grades PK, K-4
Ishpeming Public School District No. 1
6/10
Ishpeming Middle School
public Grades 5-8
Ishpeming Public School District No. 1
8/10
Ishpeming High School
public Grades 9-12
Ishpeming Public School District No. 1
Source: GreatSchools.org © 2026. All rights reserved.
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Around Ishpeming (52013)

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