501 N  1st St, Ishpeming, MI 49849
Property image
Property image
OFF MARKET

$177,200

Trulia Estimate
  • Studio
  • 2,870 sqft

501 N 1st St, Ishpeming, MI 49849

Est. Refi. Payment $1,152/mo*
Refinance Your Home
Currently Off Market - Sold Mar 25, 2015 for $63,160

Home Value

Trulia Estimate
$177K
Since last month
Increased$4K (+2.3%)
Since last year
Increased$17K (+10.3%)
Since last sale
Increased$113K (+179%)
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 +156% in the last 10 years
MonthEstimated value
2026
August 2026$176K
July 2026$172K
June 2026$172K
May 2026$169K
April 2026$169K
March 2026$165K
February 2026$159K
January 2026$149K
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
0.05
Multi-Family Home
$235,000
06/26/26
5
4
2,516
0.38
Multi-Family Home
$150,000
06/17/26
4
2
1,711
0.42
Multi-Family Home
$139,900
06/23/26
2
2
1,455
0.28
Multi-Family Home
$199,900
10/20/25
5
2
3,023
0.40
Multi-Family Home
$180,000
08/14/26
4
2
1,782
0.43
Multi-Family Home
$191,500
06/02/26
3
2
1,767
2.63
Multi-Family Home
$215,000
08/21/26
4
2
2,078

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
0.05
$235,000
5
4
2,516
Recently Sold
0.07
$206,000
4
2
1,698
For Sale
0.08
$209,400
3
2
1,608
Off Market
0.09
$114,900
4
1
1,453
For Sale
0.12
$40,000
2
1
894
Recently Sold
0.14
$230,000
3
2
2,058
Recently Sold
0.16
$380,000
5
3.5
4,641
For Sale
0.16
$165,000
3
1.5
1,621
Recently Sold
0.16
$419,000
3
3
4,156
For Sale
0.18
$126,000
2
1
1,184
Recently Sold
0.18
$176,444
3
1
1,648
Recently Sold
0.18
$285,000
2
4
4,573
For Sale

Local Information

  • Map ViewExplore the area around 501 N 1st St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1962
Living Area
2,870 sqft
Price/Sqft
$62
Parking
Garage

About this House

This is a great investment opportunity as an upper & lower split duplex or easily converted into a single family home. Lots of updates and both units are move in ready. Each unit has a stove, refrigerator and both have separate laundry hook ups.
501 N 1st St, Ishpeming, MI 49849 is a studio, 2,870 sqft multi-family built in 1962. It last sold for $63,160 on Mar 25, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $177,200, with a rent estimate of $1,176/month.

Home Details for 501 N 1st St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Mar 25, 2015
Source: N/A
Sold
$63,160
Oct 30, 2014
Source: Agent Provided
Pending
$69,000
Oct 7, 2014
Source: Agent Provided
PriceChange
$69,000
Price decreased by 8%
Aug 9, 2014
Source: Agent Provided
Listed For Sale
$74,900
May 13, 2013
Source: N/A
Sold
$58,000

Market trends in Ishpeming

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$225K
Sale-to-List Price
Price per sq ft
$148
Available listings
77
6
MoM

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.
  • 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 501 N 1st St

  • What is 501 N 1st St estimated to be worth?
    Trulia's estimated value for 501 N 1st St in Ishpeming, MI is $177,200.
  • What is the price history for 501 N 1st St?
    501 N 1st St in Ishpeming, MI last sold for $63,160 in March 2015.
  • 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.

Apartments for Rent

Off Market Homes Near 501 N 1st St

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