530 E  Hematite Dr, Ishpeming, MI 49849
Property image
Property image
OFF MARKET

530 E Hematite Dr
Ishpeming, MI 49849

  • Studio
  • 8,920 sqft (on 1.90 acres)

$719,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,722/mo*

$719,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,722/mo*
Studio
8,920 sqft
(on 1.90 acres)

Local Information

  • Map ViewExplore the area around 530 E Hematite Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
2012
Lot Size
1.9 acres
Living Area
8,920 sqft
Price/Sqft
$81
Parking
Garage

About this House

TURN KEY CONDO/APARTMENT BUILDING with an exceptional rental history. This immaculate complex contains 4 condo/apartments and is a must see! Great business opportunity, live in one and rent the other 3 for monthly income. Very spacious 2000 sq ft apartments have spectacular floor plan with all the comforts of a conventional home. Each apartment is single level 3 bath, 3 bedroom, full kitchen, dining room and living room, entrance foyer, individual laundry room, garage (single or double) with garage door opener, patio, individual heating and separate utility systems. Unique building design was created so that ALL units are of very same layout and design. All appliances included with exception of unit 4. Beautiful landscaping and well maintained building exterior compliment the entire neighborhood. Building is secluded yet located close to downtown historic Ishpeming. Heritage bike trail close by for biking and walking pleasure. Built and operated by one family since original construction in 2012.
530 E Hematite Dr, Ishpeming, MI 49849 is a studio, 8,920 sqft multi-family built in 2012. It is currently off market. The Trulia Estimate is $719,400, with a rent estimate of $1,230/month.

Home Details for 530 E Hematite Dr

Interior Features

Interior Details
BasementTypes of Rooms: Office
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
Cable Ready
Levels, Entrance, & Accessibility
Floors: Tile, Carpet

Property Information

Year Built
Year Built: 2012
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Vinyl
Parking & Garage
GarageParking: Carport, Garage

Community

Units in Building: 4

Lot Information

Lot Area: 1.90 acres

Price History for 530 E Hematite Dr

DatePriceEventSource
03/22/2021ListingRemovedUpper Peninsula AOR #1116673
11/25/2020$549,000ContingentUpper Peninsula AOR #1116673
11/18/2020$549,000PendingAgent Provided
11/17/2020$549,000PriceChange
Agent Provided
10/06/2020$589,000PriceChange
Agent Provided
07/22/2020$649,000PriceChange
Agent Provided
10/15/2019$699,000PriceChange
Agent Provided
08/01/2019$749,000Listed For SaleAgent Provided
01/18/2012$195,000ListingRemovedN/A
10/21/2011$195,000Listed For SaleN/A

Market trends in Ishpeming

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
71
28
MoM
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Property Tax and Assessment

Year2025
Tax$4,960
Assessment$196,500
Home facts updated by county records

Comparable Sales for 530 E Hematite Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Multi-Family Home
$150,000
06/17/26
4
2
1,711
0.25
Multi-Family Home
$235,000
06/26/26
5
4
2,516
0.26
Multi-Family Home
$199,900
10/20/25
5
2
3,023
0.42
Multi-Family Home
$191,500
06/02/26
3
2
1,767
0.51
Multi-Family Home
$139,900
06/23/26
2
2
1,455

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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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

Apartments for Rent

Homes for sale near 530 E Hematite Dr

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Off Market Homes Near 530 E Hematite Dr

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Frequently asked questions about 530 E Hematite Dr

  • What is 530 E Hematite Dr estimated to be worth?
    Trulia's estimated value for 530 E Hematite Dr in Ishpeming, MI is $719,400.
  • Is Ishpeming a buyer's or seller's market?
    Ishpeming is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Ishpeming?
    Residents describe Ishpeming, MI as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Ishpeming, MI.
  • What are the closest schools to 530 E Hematite Dr?
    The closest schools to 530 E Hematite Dr in Ishpeming, MI are Birchview School (Pre-K/Elementary, rated 2/10), Ishpeming High School (rated 6/10), Ishpeming Middle School (Elementary, rated 6/10).
  • Does 530 E Hematite Dr have air conditioning?
    Yes, 530 E Hematite Dr in Ishpeming, MI has air conditioning.