3/1 c.1878 Upper Peninsula Michigan Fixer Upper $55K

$55,000

Designed for effortless everyday living, this light-filled Michigan fixer upper features three comfortable bedrooms, a full bath, and an expansive kitchen at the center of it all. Step outside to your private backyard oasis—complete with a detached garage ideal for vehicles, storage, or a custom workshop.

Realtor Comments

Price improvement! Opportunity knocks: fix it, flip it, or make it your own. This home has been vacant for years and will require a total rehab. Great location on the outskirts of town. Property is being sold as is.

3bd
1ba
1,284sqft
0.26 acre
Circa 1878

More Michigan Properties

- 162 Saginaw St, Ishpeming, MI 49849 $55,0003/1 c.1878 Upper Peninsula Michigan Fixer Upper $55K
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The Pros

Affordable Housing & Low Cost of Living
- Housing in Ishpeming is notably affordable compared to statewide and national averages, with median home values often well under $170,000. It provides an accessible entry point for homeownership, especially compared to its higher-priced neighbor, Marquette.
World-Class Outdoor Recreation
- The town is a haven for outdoor enthusiasts year-round. It is home to the US National Ski Hall of Fame, the Suicide Hill Ski Bowl, and extensive networks for cross-country skiing, fat-tire biking, snowmobiling, and hiking (including access to the Iron Ore Heritage Trail).
Proximity to Marquette’s Amenities
- Located just 15 miles (about a 20-minute drive) west of Marquette, Ishpeming residents can easily access Northern Michigan University, UP Health System–Marquette regional hospital, Lake Superior beaches, and a broader variety of dining, shopping, and entertainment options without paying Marquette housing prices.
Rich History & Strong Local Identity
- Ishpeming has a proud mining heritage and tight-knit community spirit. Local events, historical downtown landmarks, and longstanding community pride give the town a distinct sense of identity.
Quiet, Low-Stress Commutes
- Getting around locally is fast and straightforward, with average commute times under 20 minutes. Traffic is virtually non-existent outside of winter storm delays.

The Cons

Extreme Winters & Heavy Lake-Effect Snow
- Ishpeming sits in the heart of the U.P.’s snow belt, averaging around 160 to 200+ inches of snow annually.Winters are long (often lasting from November into April), harsh, and require significant snow removal efforts, winter vehicle preparation, and high heating bills.
Economic Transitions & Job Limitations
- Historically reliant on iron ore mining, the local economy in Ishpeming proper is somewhat limited. Higher-paying corporate, technical, or specialized career opportunities usually require commuting into Marquette or having remote work flexibility.
Aging Housing Stock & Vacancies
- A significant portion of the residential properties in Ishpeming consists of older homes built during the peak mining era. Buyers often need to budget for renovations, energy-efficiency updates, and ongoing maintenance on historic structures.
Limited Local Shopping & Nightlife
- While daily essentials can be covered in town or neighboring Negaunee, broader retail choices, specialized groceries, and vibrant nightlife require a trip to Marquette.
Remote Location & Regional Isolation
- Like much of Michigan’s Upper Peninsula, Ishpeming is geographically isolated. The nearest major metropolitan areas (like Green Bay or Milwaukee) are 3 to 5 hours away by car, making travel outside the region a long drive.