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    Ironwood, MI
    Apartment Building

    Ironwood, MI Apartment Buildings for Sale

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    Found 9 apartment building listings for sale in Ironwood, MI, averaging $52/sq ft. Use valuation data to compare deals faster.
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    15-Unit Apartment Property with Commercial Space
    Updated: May 31
    15-Unit Apartment Property with Commercial Space

    101 N Lowell Street, Ironwood, MI 49938

    $589,000
    13,062 sqft 1.44 AC lot
    Three‑story brick apartment building with 15 units
    Adjacent two‑story mixed‑use building includes 1,200 square feet of commercial space and an upstairs two‑bedroom apartment
    1.44‑acre site with gravel parking and a detached three‑car garage
    Full basement includes laundry facilities and tenant storage
    Central hot water boiler system, separate electrical meters, and 800‑amp service
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    21-Unit Apartment Portfolio with Garages
    Updated: Jun 2
    21-Unit Apartment Portfolio with Garages

    246 Ashland Court, Ironwood, MI 49938

    $975,000
    18,934 sqft 1.73 AC lot
    21 rental units across a 15‑unit brick apartment building and three duplexes
    24 garages, including garage rentals and dedicated spaces at a side‑by‑side duplex
    Apartment mix includes twelve 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units
    18,934 square feet of building area on 1.73 acres
    Coin‑operated laundry, storage units, and a shared bathroom
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    8-Unit Apartment Building with Garages
    8-Unit Apartment Building with Garages

    421 S Suffolk Street, Ironwood, MI 49938

    $375,000
    7,182 sqft 1.44 AC lot

    Bi-level property offers private outdoor space, storage, laundry, and assigned garage parking for every residence.

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    21-Unit Apartment Portfolio
    21-Unit Apartment Portfolio

    246 Ashland #242, 247, 249, 302 & 304 Ashland Court, Ironwood, MI 49938

    $975,000

    Mixed apartment and duplex property with garages, laundry facilities, storage, and several private outdoor spaces.

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    8-Unit Apartment Building with Garages
    8-Unit Apartment Building with Garages

    421 S Suffolk Street, Ironwood, MI 49938

    $375,000
    7,160 sqft 1.44 AC lot

    Split-level multifamily property with private outdoor spaces, individual storage, and on-site laundry facilities.

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    Apartment Building with Six Units
    Apartment Building with Six Units

    1114 N Douglas Boulevard, Ironwood, MI 49938

    $299,000
    4,960 sqft 0.76 AC lot

    Six-unit apartment building with garages and coin-operated laundry facilities plus a single-family rental home.

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    21-Unit Multifamily Portfolio
    21-Unit Multifamily Portfolio

    246 Ashland Court, Ironwood, MI 49938

    $975,000
    1.73 AC lot

    The package combines a brick apartment building, three duplexes, and garage rentals along one street.

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    8-Unit Apartment Building with Garages
    8-Unit Apartment Building with Garages

    421 S Suffolk, Ironwood, MI 49938

    $375,000

    Eight two-bedroom residences offer private outdoor space, storage, and dedicated garage parking.

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    Residential Income Property with Garages
    Residential Income Property with Garages

    1114 N Douglas Boulevard, Ironwood, MI 49938

    $299,000
    0.76 AC lot

    Seven rental units include a six-unit apartment building and a single-family home, plus four garage units and on-site parking.

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    9 active listings match your search: Apartment Building for sale in Ironwood, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    400-406 S PELHAM ST, Rhinelander, WI 54501

    $449,900
    9,982 sqft 0.53 AC lot

    Retail and office space shares the building with six residential apartments and paved off-street parking.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $610,000
    8,184 sqft 1.03 AC lot

    Renovated multifamily property offering studio, one-bedroom, and two-bedroom residences with tenant-controlled HVAC and coin laundry.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $610,000
    8,184 sqft 1.03 AC lot

    Multifamily property with mixed unit sizes, updated interiors, tenant-controlled HVAC, coin laundry, and extensive parking.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    66 N BROWN ST, Rhinelander, WI 54501

    $230,000
    0.21 AC lot

    Three ground-floor commercial suites and six upstairs apartments create a combination of retail and residential space.

    View details

    Ironwood, MI Apartment Buildings Market Trends and Statistics

    Explore 9 apartment buildings for sale in Ironwood, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 51,298 square feet of properties for sale, with an estimated market value of $5,237,000.

    Sale prices for apartment complexes in Ironwood, MI start at $299,000, averaging $581,888, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,424
    Population Growth (5Y) -1.2%
    Median Household Income $44,379
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

    Identify Ironwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49938 $581.9K

    Taxes & Financing

    Tax Rate (average for all types) 5.37%
    Property Tax per SF $85.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Gogebic County

    Retail

    Residential Income

    How Realmo verifies these figures

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    Popular Searches in Ironwood, MI

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    Most Searched ZIP Codes in Ironwood, MI

    • 49938

    Featured Ironwood Real Estate Agencies

    Realmo connects you with licensed Ironwood CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    The Real Estate Store Inc
    527 N Lake Street Ironwood, MI 49938
    Phone: (906) 932-5406
    www.upnorthproperty.com
    Zak's Realty Inc
    110 E Aurora St Ironwood, MI 49938
    Phone: (906) 932-2688
    www.zaksrealty.com
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