408 Oak St
Ishpeming, MI 49849
Studio
2,408 sqft
Studio
2,408 sqft
Home Value
Trulia Estimate
$159KSince last month
Decreased$6K (-3.7%)Since last year
Increased$11K (+7.4%)Since last sale
Increased$101K (+172.2%)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 +160% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $159K |
| 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 | |
0.47 | 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 |
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 |
|---|---|---|---|---|---|---|
0.08 | $100,000 | 3 | 2 | 1,242 | Recently Sold | |
0.05 | $165,000 | 3 | 1.5 | 1,621 | Recently Sold | |
0.11 | $425,000 | 3 | 3 | 4,156 | For Sale | |
0.10 | $164,400 | 3 | 1.5 | 1,200 | Off Market | |
0.13 | $206,000 | 4 | 2 | 1,698 | For Sale | |
0.10 | $250,000 | 3 | 2 | 2,401 | For Sale | |
0.15 | $235,000 | 5 | 4 | 2,516 | Recently Sold | |
0.13 | $229,000 | 5 | 3 | 3,435 | Recently Sold | |
0.18 | $126,000 | 2 | 1 | 1,184 | Recently Sold | |
0.19 | $154,900 | 3 | 1.5 | 1,218 | For Sale | |
0.22 | $114,900 | 4 | 1 | 1,453 | For Sale | |
0.23 | $230,000 | 3 | 2 | 2,058 | Recently Sold |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1880
Living Area
2,408 sqft
Price/Sqft
$66
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. It is currently off market. The Trulia Estimate is $159,000, with a rent estimate of $1,509/month.
Home Details for 408 Oak St
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Interior Details Basement |
Heating & Cooling Heating: OtherHeating Fuel: Other |
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Year Built Year Built: 1880 |
Property Type / Style Property Type: Multi Family |
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Parking & Garage Parking Spaces: 4 |
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Units in Building: 2 |
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Lot Area: 3920 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,580 | $120,000 |
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
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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.
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Off Market Homes Near 408 Oak St
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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 $159,000.
- 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 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 Oak St have parking?Yes, 408 Oak St in Ishpeming, MI has on-site parking.