408 N Lake St
Ishpeming, MI 49849
Studio
2,016 sqft
Studio
2,016 sqft
Home Value
Trulia Estimate
$156KSince last month
Decreased$5K (-3%)Since last year
Decreased$700 (-0.4%)Since last sale
Increased$49K (+46.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +267% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $156K |
| July 2026 | $161K |
| June 2026 | $158K |
| May 2026 | $155K |
| April 2026 | $155K |
| March 2026 | $154K |
| February 2026 | $151K |
| January 2026 | $151K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $139,900 | 06/23/26 | 2 | 2 | 1,455 | |
0.18 | Multi-Family Home | $235,000 | 06/26/26 | 5 | 4 | 2,516 | |
0.54 | Multi-Family Home | $150,000 | 06/17/26 | 4 | 2 | 1,711 | |
0.42 | Multi-Family Home | $180,000 | 08/14/26 | 4 | 2 | 1,782 | |
0.62 | Multi-Family Home | $191,500 | 06/02/26 | 3 | 2 | 1,767 | |
0.30 | Multi-Family Home | $199,900 | 10/20/25 | 5 | 2 | 3,023 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $126,000 | 2 | 1 | 1,184 | Recently Sold | |
0.03 | $171,000 | 2 | 1 | 1,191 | Recently Sold | |
0.08 | $229,000 | 5 | 3 | 3,435 | Recently Sold | |
0.05 | $266,900 | 3 | 1.5 | 1,554 | For Sale | |
0.06 | $250,000 | 3 | 2.5 | 1,551 | Recently Sold | |
0.11 | $250,000 | 3 | 2 | 2,401 | For Sale | |
0.12 | $163,700 | 3 | 1.5 | 1,200 | Off Market | |
0.08 | $149,900 | 4 | 2 | 1,716 | For Sale | |
0.17 | $206,000 | 4 | 2 | 1,698 | For Sale | |
0.18 | $235,000 | 5 | 4 | 2,516 | Recently Sold | |
0.22 | $165,000 | 3 | 1.5 | 1,621 | Recently Sold | |
0.26 | $154,900 | 3 | 1.5 | 1,218 | For Sale |
Local Information
- Map ViewExplore the area around 408 N Lake St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1886
Living Area
2,016 sqft
Price/Sqft
$77
About this House
Duplex with good rental history, located in downtown Ishpeming, just blocks from the Congress, Cognition, and more. Start your rental portfolio with this spacious duplex, live in one side and rent the other.
408 N Lake St, Ishpeming, MI 49849 is a studio, 2,016 sqft multi-family built in 1886. It last sold for $106,500 on Jan 28, 2022. It is currently off market. The Trulia Estimate is $155,800, with a rent estimate of $1,483/month.
Home Details for 408 N Lake St
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Interior Details Basement |
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1886 |
Property Type / Style Property Type: Multi Family |
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Parking & Garage Parking Space: 1 |
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Units in Building: 2 |
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Lot Area: 6098 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 28, 2022 Source: RE/MAX of Michigan Solds #1130684_49849 | Sold | $106,500 |
Nov 17, 2021 Source: Upper Peninsula AOR #1130684 | Contingent | $99,900 |
Nov 1, 2021 Source: Upper Peninsula AOR #1130684 | Listed For Sale | $99,900 |
Nov 16, 2019 Source: Agent Provided | ListingRemoved | $49,900 |
May 15, 2019 Source: Agent Provided | Listed For Sale | $49,900 |
Feb 25, 2010 Source: N/A | Sold | $32,000 |
Sep 11, 2009 Source: N/A | Sold | $57,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,066 | $129,200 |
Home facts updated by county records
Market trends in Ishpeming
Last updated July 2026
Avg. sale price
$225K
Sale-to-List Price
—
Price per sq ft
$148
Available listings
77
6MoM
Around this home
What Locals Say about Ishpeming
At least 30 Trulia users voted on each feature.
92 % Say it's dog friendly
85 % Say kids play outside
84 % Say car is needed
78 % Say yards are well-kept
74 % Say parking is easy
74 % Say there's holiday spirit
74 % Say people would walk alone at night
66 % Say there's wildlife
62 % Say it's quiet
61 % Say they plan to stay for at least 5 years
58 % Say neighbors are friendly
57 % Say it's walkable to restaurants
56 % Say there are sidewalks
56 % Say it's walkable to grocery stores
32 % Say streets are well-lit
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 408 N Lake St
- What is 408 N Lake St estimated to be worth?Trulia's estimated value for 408 N Lake St in Ishpeming, MI is $155,800.
- What is the price history for 408 N Lake St?408 N Lake St in Ishpeming, MI last sold for $106,500 in January 2022.
- Is Ishpeming a buyer's or seller's market?Ishpeming is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Ishpeming?The median sale price in Ishpeming is $225K.
- Does 408 N Lake St have parking?Yes, 408 N Lake St in Ishpeming, MI has on-site parking.
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