638 N Fourth Street
Ishpeming, MI 49849
- 9 Beds
- 13.5 Baths
- 5,792 sqft
9 Beds
13.5 Baths
5,792 sqft
Local Information
-- mins to
Description
9 unit apartment building in the city of Ishpeming. Brand new steam boiler in February, some long term tenants. All annual leases. 12% CAP rate based on 2022 annual expense and rents at 95% occupancy. Coin operated laundry in basement.
638 N Fourth Street, Ishpeming, MI 49849 is a 9 bedroom, 18 bathroom, 5,792 sqft multi-family built in 1895. It last sold for $195,000 on Nov 1, 2023 (13% below the $225,000 asking price). It is currently off market. The Trulia Estimate is $279,700, with a rent estimate of $1,007/month.
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 638 N Fourth Street
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Heating & Cooling Heating: SteamHeating Fuel: Steam |
Appliances & Utilities RefrigeratorWasher |
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Year Built Year Built: 1895 |
Property Type / Style Property Type: Multi FamilyArchitecture: Conventional Frame |
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Lot Area: 5662.8 sqft |
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Laundry Facility |
Last check for updates: about 12 hours ago
Listed by EXP REALTY OF MARQUETTE
Bought with: KEY REALTY DELTA COUNTY LLC
Source: eXp Realty, MLS#50110619
Price History for 638 N Fourth Street
| Date | Price | Event | Source |
|---|---|---|---|
| 11/01/2023 | $195,000 | Sold | eXp Realty #111866901 |
| 10/13/2023 | $225,000 | Pending | Upper Peninsula AOR #50110619 |
| 10/03/2023 | $225,000 | PriceChange | Upper Peninsula AOR #50110619 |
| 08/10/2023 | $259,000 | PriceChange | Upper Peninsula AOR #50110619 |
| 05/31/2023 | $265,000 | Listed For Sale | Upper Peninsula AOR #50110619 |
| 09/30/2019 | $185,000 | ListingRemoved | Agent Provided |
| 06/07/2019 | $185,000 | Pending | Agent Provided |
| 10/10/2018 | $185,000 | PriceChange | Agent Provided |
| 07/17/2018 | $195,000 | Listed For Sale | Agent Provided |
Market trends in Ishpeming
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
71
28MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,016 |
| Assessment | $205,400 |
Home facts updated by county records
Comparable Sales for 638 N Fourth Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $235,000 | 06/26/26 | 5 | 4 | 2,516 | |
0.22 | Multi-Family Home | $191,500 | 06/02/26 | 3 | 2 | 1,767 | |
0.34 | Multi-Family Home | $150,000 | 06/17/26 | 4 | 2 | 1,711 | |
0.46 | Multi-Family Home | $199,900 | 10/20/25 | 5 | 2 | 3,023 | |
0.67 | 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.Assigned Schools
These are the assigned schools for 638 N Fourth Street.
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 there's holiday spirit
74 % Say people would walk alone at night
73 % Say parking is easy
65 % 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
33 % 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