408 Oak St, Ishpeming, MI 49849
Property image
Property image
OFF MARKET

$165,500

Trulia Estimate
  • Studio
  • 2,408 sqft

408 Oak St, Ishpeming, MI 49849

Est. Refi. Payment $1,143/mo*
Refinance Your Home
Currently Off Market - Sold Dec 21, 2018 for $58,410

Home Value

Trulia Estimate
$166K
Since last month
Increased$1K (+0.8%)
Since last year
Increased$19K (+13.1%)
Since last sale
Increased$107K (+183.3%)
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 +163% in the last 10 years
MonthEstimated value
2026
October 2026$166K
September 2026$163K
August 2026$164K
July 2026$167K
June 2026$165K
May 2026$163K
April 2026$162K
March 2026$162K
February 2026$161K
January 2026$161K
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
0.15
Multi-Family Home
$235,000
06/26/26
5
4
2,516
0.48
Multi-Family Home
$139,900
06/23/26
2
2
1,455
0.56
Multi-Family Home
$180,000
08/14/26
4
2
1,782
0.47
Multi-Family Home
$191,500
06/02/26
3
2
1,767
0.44
Multi-Family Home
$199,900
10/20/25
5
2
3,023
0.58
Multi-Family Home
$150,000
06/17/26
4
2
1,711
2.77
Multi-Family Home
$215,000
08/21/26
4
2
2,078
3.38
Multi-Family Home
$384,000
10/13/26
10
4
4,885

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
0.00
-
2
1
950
Off Market
0.00
$218,900
Studio
1
1,680
Off Market
0.01
$152,600
Studio
1
1,349
Off Market
0.01
$121,200
2
1
864
Off Market
0.02
$150,300
3
1
1,088
Off Market
0.02
$174,300
Studio
1
1,614
Off Market
0.02
$175,700
3
2
1,439
Off Market
0.03
$155,000
3
2
1,322
Off Market
0.03
$126,800
4
1
1,253
Off Market
0.03
$142,400
3
1
864
Off Market
0.03
-
Studio
1
-
Off Market
0.03
$98,800
3
1
1,666
Off Market
0.03
$171,800
3
1
1,311
Off Market
0.03
$211,400
4
3
2,896
Off Market
0.04
$161,300
Studio
1
1,952
Off Market
0.04
$146,400
Studio
1
929
Off Market
0.04
$143,700
2
1
1,608
Off Market
0.04
$165,300
2
1.5
1,150
Off Market
0.04
$213,700
3
1
1,148
Off Market
0.04
$147,700
Studio
1
1,584
Off Market

Local Information

  • Map ViewExplore the area around 408 Oak St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1880
2,408 sqft
$69/sqft

About this House

Great investment opportunity with a beautiful view of Lake Bancroft! This duplex has an excellent rental history. Gross combined rents are at $750 per month with each tenant paying all of their own utilities. Yearly leases are in place. The upper unit is a two bedroom, one bath and includes a stove and refrigerator. The lower unit is a two bedroom, one bath and has a stove, refrigerator, washer and dryer. Units are metered separately for electric, gas and water. 20 year tenant takes care of snow removal and lawn care. New roof in 2018. This is a great investment opportunity.
408 Oak St, Ishpeming, MI 49849 is a studio, 2,408 sqft multi-family built in 1880. It last sold for $58,410 on Dec 21, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $165,500, with a rent estimate of $1,300/month.

Home Details for 408 Oak St

Interior Features

Interior Details
Basement

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Multi Family

Exterior Features

Parking & Garage
Parking Spaces: 4

Community

Units in Building: 2

Lot Information

Lot Area: 3920 sqft

Price and Tax history

DateEventPrice
Dec 21, 2018
Source: RE/MAX of Michigan Solds #1105390_49849
Sold
$58,410
Oct 24, 2018
Source: Agent Provided
Pending
$58,410
Feb 16, 2018
Source: Agent Provided
PriceChange
$58,410
Price decreased by 10%
Oct 31, 2017
Source: Agent Provided
Listed For Sale
$64,900
Dec 29, 2006
Source: N/A
Sold
$63,000

Market trends in Ishpeming

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$258K
$31.5K
MoM
Sale-to-List Price
—
Price per sq ft
$178
$21
MoM
Available listings
76
6
MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Ishpeming

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 74% say there's holiday spirit
  • 58% say neighbors are friendly
  • 56% say there are sidewalks
Trulia Trick or TreatStart Ghost Hunt
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.
  • Jennifer M.
    "We’ve lived in the area over 20 years. Great place for families and kids to get to school. Great quiet streets "
  • Nanatam1960
    "amazing neighborhood...safe...secure...friendly...clean. ..neighbors are friendly...homes are well kept...schools are great... nice "
  • Nanatam1960
    "it is a very hilly community and you can get winded. The other thing would be if the folks didn't pick up dog waste it could get very messy. When walking your dogs in our neighborhood you sense that people care and enjoy their community. Very safe and secure neighborhoods. There is a leash law in our city and it gives us a sense of security and safety. Strong emphasis on licensing dogs in our city too. "
  • Nanatam1960
    "community concerts, block parties, garage sales, Christmas parades, 4th of July parades, ethnic festivals"
  • Nanatam1960
    "it is a great place to walk dogs. Very safe, clean and dog friendly. Definitely a dream neighborhood and a gr at place for families with kids, elderly folks and empty nesters. "
  • Kendra A.
    "Italian Fest is great, there’s also a Christmas tree lighting ceremony downtown in the winter. There’s always some community event to go to in Ishpeming"
  • Jldurnion
    "I've lived here for 13 years and we've never had any problems in our neighborhood. need more lighting on the streets though "

LGBTQ Local Legal Protections

Frequently asked questions about 408 Oak St

  • What is 408 Oak St estimated to be worth?
    Trulia's estimated value for 408 Oak St in Ishpeming, MI is $165,500.
  • What is the price history for 408 Oak St?
    408 Oak St in Ishpeming, MI last sold for $58,410 in December 2018.
  • Is Ishpeming a buyer's or seller's market?
    Ishpeming is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Ishpeming?
    The median sale price in Ishpeming is $258K. That is up $31.5K from the prior month.
  • Does 408 Oak St have parking?
    Yes, 408 Oak St in Ishpeming, MI has on-site parking.

Off Market Homes Near 408 Oak St

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Homes for sale near 408 Oak St

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